Aston Martin to develop high-performance batteries with Britishvolt

07 March 2022 - 07:37 By Reuters
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Aston Martin has moved another step forward in its journey to electrification, with an agreement to develop bespoke high performance battery cell technology alongside Britishvolt.
Aston Martin has moved another step forward in its journey to electrification, with an agreement to develop bespoke high performance battery cell technology alongside Britishvolt.
Image: Supplied

Electric vehicle (EV) battery start-up Britishvolt is to develop high-performance batteries with Aston Martin as the British luxury carmaker gears up to launch its first fully electric vehicle in 2025, the two companies said on Monday.

A joint research & development team from fictional secret agent James Bond's car brand and the battery company will design and develop battery packs and a battery management system.

Aston Martin is the second carmaker customer for Britishvolt, which has also entered a battery partnership with Britain's Lotus.

By 2026 the Aston Martin plans to offer electric versions of all of its new models.

“Working together with Britishvolt, I believe we can create new technologies to power benchmark-setting Aston Martin electric cars that will match our reputation for high performance and ultra-luxury with the highest standards of sustainability,” Aston Martin CEO Tobias Moers said in a statement.

Last month Britishvolt launched a Series C funding round with a starting investment of £40m (roughly R816.1m) from mining giant Glencore.

It has also secured UK government backing for a battery plant project in northern England, unlocking £1.7bn (roughly R35.4bn) in private funding.

When the £3.8bn (roughly R58.5bn), 45 GWh Blythe plant is fully operational in 2027 it should be able to produce battery packs for more than 450,000 electric vehicles per year.


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