Aston Martin, the legendary British luxury carmaker, has announced that it will launch its first electric car this summer as part of its electrification plans. Lawrence Stroll, the president of Aston Martin, recently confirmed that the company would unveil its future model line, which will include a 100% electric vehicle, in the coming months.
The event will showcase updated versions of Aston Martin's three front-engined grand tourers, the Vantage, DB11, and DBS, and a prototype of the mid-engined supercar Vanquish will sit immediately below the Valhalla and Valkyrie models. The announcement marks a significant shift in Aston Martin's strategy as it looks to boost its electrification program.
Aston Martin is expected to launch its first two electric cars, a sports car and an SUV, in 2025. The Aston Martin Vantage, Aston Martin DB11, and Aston Martin DBS will be replaced by zero-emission proposals. The DB11 likely be the first to be replaced by an electric vehicle since it is the oldest of the three. The SUV could correspond to the next generation of the DBX.
Despite recent financial struggles, Aston Martin posted an operating profit of $7.9 million in the last three months, indicating that its financial health is restored or at least very much recovered. This will allow the company to move forward with its electrification program, which was previously slowed down after the cancellation of the Rapide E and the failed relaunch of the Lagonda brand.
