Luxury car giant Aston Martin has pledged to manufacture all of its electric cars in the UK beginning 2025.
According to Aston Martin's owner, Lawrence Stroll, all of its battery sports cars will be created at its Gaydon, Warwickshire plant, while its electric SUV models will be manufactures at St Athan in Glamorgan.
Over the next four years, Aston Martin will manufacture hybrid versions of its cars, followed by battery-only models.
Aston Martin will produce hybrid models over the next four years before moving to electric.
Electrification would not be a problem for Aston Martin as it could use technology from Mercedes-Benz, which has a 20 percent stake in Aston Martin. The car firms also have a technical partnership, which could put Aston Martin way ahead of its rivals.
The UK government plans to ban sales of new petrol and diesel cars beginning 2030.
But Aston Martin said it would continue to make traditional engines for car enthusiasts.
Aston Martin employs about 2,500 people in Gaydon and St Athan, although it is not clear whether the announcement would mean changes for workers.
It announced 500 redundancies last year as the impact of coronavirus hit carmakers.


KPMG Australia Cuts 5% of Workforce Amid Scandal
Hyundai Motor Union Launches First Full Strike in Decade Over Wages, AI Job Risks
Amazon to Expand Drone Delivery to 500 U.S. Locations
China EV Stocks Slide as Door Handle Recall Hits 4.3 Million Vehicles
Unifor Reaches Tentative GM Deal for 4,600 Ontario Workers
Trump Buys SpaceX Shares After Record IPO
Anthropic IPO Could Challenge SpaceX’s Record $86 Billion Offering
SEC Probes Banks Over Situational Awareness Hedge Fund Collapse
Hanmi Pharm Soars 30% on $2.3 Billion Genentech Obesity Drug Deal
SpaceX Hires Natural Gas Trader to Meet Growing Energy Needs
Bathla Group Hires Administrators as Australia Housing Slump Deepens
Woodside Drops $5 Billion Clean Energy Plan as Profit Rises 7%
Ampol Profit Surges as Refining Margins Hit Record Highs
Nvidia AI Server Prices Set to Rise as Memory Costs Surge
Nvidia Eyes Perplexity Investment at $30 Billion Valuation
Exxon, LyondellBasell Eye Shell’s $8 Billion U.S. Chemicals Assets
Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints




