Britishvolt, which is developing a UK electric vehicle battery factory in north-east England, has teamed up with luxury carmaker Aston Martin Lagonda Global Holdings PLC (LSE:AML) to develop cell and battery technology designed specifically for high-performance cars.
A memorandum of understanding (MoU) signed by the pair supports Aston Martin’s plans to launch its first battery electric vehicle (EV) in 2025, the Northumberland-based company said.
Aston Martin is planning to launch its first plug-in hybrid, the Valhalla, in 2024, with its first all-electric vehicle in 2025, before all new cars are given the option for an electrified powertrain by 2026.
Following on from its first car manufacturer partnership last month, with Lotus, Batteryvolt said the two companies are setting up a joint research and development team that will design, develop and industrialise battery packs and will work together to maximise the capability of special cylindrical high-performance cells being developed by Britishvolt for use in high-performance Aston Martin EVs.
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“For a prestigious marque such as Aston Martin, staying true to its world-renowned brand of ultra-luxury, high-performance vehicles, whilst transitioning to electrification, means insisting on customised, sustainable battery cell technology that pushes the boundaries of performance,” said Orral Nadjari, the chief executive officer and founder of Britishvolt.
“Britishvolt is excited to be collaborating with Aston Martin, helping accelerate that switch to electrification – I believe we make formidable partners.”