Aston Martin delays first battery electric vehicle again and plans job cuts

Aston Martin delays first battery electric vehicle again and plans job cuts

Aston Martin, Automotive industry, Business, Electric, hybrid and low-emission cars, UK news, Stellantis, World news Business | The Guardian

​Sportscar maker says priority is plug-in hybrids, while cutting costs will reduce global workforce by 5%The British sportscar maker Aston Martin has further delayed its first battery electric vehicle, as it announced plans to cut 170 jobs – 5% of its global workforce – in the latest step in its quest for profits.The FTSE 250 manufacturer on Wednesday said its priority was plug-in hybrid cars, which combine a small battery with a petrol engine. The first electric model will only come in “the latter part of this decade”. Continue reading… 

Sportscar maker says priority is plug-in hybrids, while cutting costs will reduce global workforce by 5%

The British sportscar maker Aston Martin has further delayed its first battery electric vehicle, as it announced plans to cut 170 jobs – 5% of its global workforce – in the latest step in its quest for profits.

The FTSE 250 manufacturer on Wednesday said its priority was plug-in hybrid cars, which combine a small battery with a petrol engine. The first electric model will only come in “the latter part of this decade”.

Continue reading… 

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