Hyperdrive
Aston Martin to Partner Britishvolt in Quest For High-End Electric Cars
- Joint-development agreement complements Mercedes partnership
- British cell company is also collaborating with carmaker Lotus
This article is for subscribers only.
Aston Martin Lagonda Global Holdings Plc is partnering with Britishvolt Ltd., giving the U.K. battery company another boost in the midst of its latest investment round.
The luxury-car maker said Monday the joint-development deal will support plans to launch its first fully electric vehicle in 2025. Britishvolt secured backing from the U.K. government in January that helped it line up 1.7 billion pounds ($2.2 billion) of private funding.