Aston Martin: Geely Parts on Future Models

Mercedes EV Tech from Lucid Adopted

Creating a car from the ground-up is challenging, as it necessitates a considerable amount of money and a considerable period of time. This is especially problematic for low-volume automakers such as Aston Martin, delivering only 6,400 cars last year. The aim this year is to vend roughly 7,000 automobiles. To facilitate its task, the Gaydon-based marque has been depending on its collaborators to offer specified components, accelerating development and reducing costs.

To accomplish this, Aston Martin is prolonging its understanding with Mercedes to benefit from AMG’s double-turbo V8 engine, as well as components related to the electric framework and electric drivetrains. Earlier this week, it was declared that Aston will benefit from Lucid engineering linked to power units and batteries.

Chinese car giant Geely, who recently increased its holding in Aston Martin to 17 percent, will be supplying numerous components to the British sports car manufacturer. In conversation with Autocar magazine, AM’s Head of Development Roberto Fedeli declared that upcoming models will utilise seats and HVAC (heating, ventilation, and air conditioning) elements provided by the company, which has ownership over Volvo, Lotus, Polestar and a 50:50 joint venture with Mercedes on Smart.

Aston Martin CEO Andy Fedeli has declared that the company will be looking to source “everything we can get from a wide shelf of components” in order to expedite the development of new models. Amedeo Felisa, the CEO, added that by taking advantage of Geely’s resources, the list of suppliers which currently stands at around 300 companies will be cut down by 30 percent.

In a separate statement, Lawrence Stroll, the head of Aston Martin, told Autocar that he “should be knighted for what I’ve done” due to the approximately £1.5 billion (around $1.9B at current exchange rates) he has invested into both the road car division and the Formula 1 team of the company.

Sources: Autocar (1), Autocar (2)