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Home Read a ride Cars/SUVs

Aston Martin’s chairman defies EV trend, stands firm on internal combustion

David Ijaseun by David Ijaseun
June 4, 2024
in Cars/SUVs, News
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Aston Martin’s chairman defies EV trend, stands firm on internal combustion
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Aston Martin’s Chairman, Lawrence Stroll, remains bullish on internal combustion engines amid the automobile industry’s shift towards electric vehicles (EVs).

Stroll, in an exclusive interview with Car and Driver in New York, expressed confidence in traditional powertrains, citing continued customer demand.

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The luxury automaker, known for its high-performance vehicles, had previously outlined ambitious plans for electrification. However, due to what Stroll describes as a lack of consumer demand, Aston Martin has adjusted its timeline for EV releases. The brand’s first plug-in hybrid, the mid-engined Valhalla, is set to debut by the end of 2024, with full EVs now expected no sooner than 2026.

“We will start delivering Valhalla at the end of the fourth quarter of this year. That’ll be our first plug-in hybrid,” Stroll confirmed during the interview.

While Aston Martin had initially planned a full rollout of battery electric vehicles (BEVs), including a futuristic electric sub-brand in Lagonda, those plans have been reconsidered. Stroll revealed that Aston Martin, in collaboration with Chinese conglomerate Geely, has developed a platform for four hybrid vehicles, including a GT, supercar, crossover, and SUV. The launch of these vehicles has been pushed back to 2026 due to market dynamics.

Despite the shift in timelines, Stroll stressed Aston Martin’s commitment to electrification. He noted an uptick in demand for hybrid vehicles and hinted at more “hybridized” products in the company’s portfolio. However, he reiterated that full EV adoption is still a distant prospect, especially for sports car enthusiasts.

Stroll also unveiled Aston Martin’s new 12-cylinder engine, boasting nearly 850 horsepower, which will power the upcoming replacement for the DBS supercar. He dismissed concerns about emissions regulations, stating that the company’s production quantities exempt it from certain restrictions, allowing it to continue using internal combustion engines until at least the mid-2030s.

Furthermore, Stroll hinted at the possibility of offering manual transmissions, a move that would cater to enthusiasts seeking a more engaging driving experience. He highlighted the success of the Valour, a coach built one-off car, as an example of Aston Martin’s commitment to bespoke offerings.

Read more on Chinese EV makers face billion-dollar tariff challenge in Europe

Tags: All premiumAston MartinEV

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