article thumbnail

Report: Aston Martin Seeking Fourth CEO in Four Years

The Truth About Cars

Aston Martin is reportedly reaching out to candidates to replace Amedeo Felisa as the company’s chief executive officer, potentially setting the business up to have its fourth CEO in four years. By November of 2023, Aston Martin reported an adjusted operating loss of £48.4 An Aston Martin spokesperson declined to comment.

article thumbnail

Aston Martin to make petrol cars ‘for as long as allowed’

Baua Electric

Read more Aston Martin has decided to continue manufacturing petrol cars as long as it can after the carmaker delayed the arrival of its first ever electric vehicle. The remarks come after Aston Martin in February delayed the launch of its first electric vehicle by one year until 2026, and with deliveries due in 2027.

article thumbnail

Aston Martin delays the launch of its first BEV

Baua Electric

After promising what would be the “world’s most thrilling and highly desirable” EV, luxury automaker Aston Martin says that it is pushing back its plan to launch its first BEV by a year due to what it says is “low consumer demand.” Aston Martin has already sunk a hefty 2 billion pounds ($2.53

article thumbnail

Aston Martin delays first EV for lack of demand

Baua Electric

Aston Martin is delaying the launch of its first volume EV by a year, citing lack of demand. 2020 Aston Martin Rapide E at the 2018/2019 Formula E Monaco ePrix Aston has discussed EVs for years, but has changed course numerous times. .

article thumbnail

Honda to participate in F1 from 2026 season as power unit supplier for Aston Martin Aramco Cognizant team

Green Car Congress

Honda has agreed to enter into a works partnership with the Aston Martin Aramco Cognizant Formula One Team to supply power units compliant with the new F1 power unit regulations which will take effect in the 2026 season. This will result in maximum power output that is roughly even between the engine and motor.

article thumbnail

Aston Martin reveals production-ready Rapide E EV at Shanghai

Green Car Congress

Last week at China’s Auto Shanghai motor show, Aston Martin Lagonda revealed the final production-ready iteration of its first all-electric production car, the Rapide E. This battery system powers two rear mounted electric motors producing a combined target output of just over 610PS and 950N·m of torque.

article thumbnail

Aston Martin sticks to $637M benefit view through 2025

Baua Electric

Aston Martin stated it remainder heading in the right direction to record an adjusted benefit of 500 million kilos ($636.7 electrical automobile maker Lucid Crew a three.7 electrical automobile maker Lucid Crew a three.7 million) through the fiscal hour 2025. The corporate posted an adjusted core benefit of 190.2