Aston Martin⁤ Secures £6 Million Funding for ⁤Sustainable Aluminium Castings⁤ Project

Gaydon (UK), 17 September 2024: Aston Martin has ​been awarded £6 million ‌in funding ‌from the UK Government to support an innovative project developing ​lightweight, sustainable aluminium castings for future​ Aston Martin cars.

The government ‌grant, awarded by the UK‍ Advanced Propulsion​ Centre (APC),‍ will support PIVOT, a five-company research and development project led⁢ by Coventry-based aluminium supplier Sarginsons. The project ⁤aims to revolutionise the global foundry industry by overhauling the design, weight, carbon footprint,‌ and ⁢production of aluminium‍ castings to use 100% recycled content.

This funding ⁤announcement marks another step forward in Aston Martin’s ‘Racing. Green.’ sustainability ‌strategy, a commitment to ⁤improving the environmental impact of its supply chain. ‍In August, the company formally joined Drive​ Sustainability, a CSR Europe partnership of 16 automakers working together to improve the social, ethical, and environmental ‍performance of the automotive supply chain.

Roberto ‍Fedeli,‍ Aston‌ Martin Group Chief Technology Officer, said: “This funding from APC is a great boost for our⁢ project, which utilises advanced metal solidification and digital twin simulation to create low-carbon ‌alloys and‌ ultimately⁢ improve the levels of recycled ⁣material in Aston Martin cars. We look forward to working with ‌Sarginsons and our other research partners on this project, and we’d like to⁤ thank APC for their ⁣fantastic support following ​their backing for our electrification programme last year.”

Ian Constance, chief executive of APC, said: “These collaborative projects will ‍further enhance UK excellence in automotive manufacturing. From sustainable materials to ‌advanced electronics to‍ smart⁣ software systems, it is vital that the automotive sector continues to demonstrate that it is ‌vital to the ⁤country’s net-zero target and a high-value opportunity for investment.”

Aston Martin is developing an alternative to the internal⁢ combustion ⁤engine as part of an all-new ⁢powertrain approach that looks to introduce plug-in hybrid and battery electric vehicles, with the first model,⁤ Valhalla, due to enter full production later this year with deliveries due to start in 2025.

About Aston⁤ Martin Lagonda

Aston Martin creates compelling performance vehicles with its ambition to be the​ world’s⁤ most aspirational ultra-luxury British brand. Founded in 1913‌ by Lionel ‍Martin and Robert Bamford, ​Aston Martin is‍ known⁤ as a global brand that ​represents style, luxury, performance, and exclusivity.

Aston ‌Martin combines cutting-edge ⁣technology, exceptional craftsmanship, and beautiful style‍ to create a range of acclaimed luxury models, including the Vantage, DB12, ‍Vanquish, DBX, and the company’s first hypercar, the Valkyrie. In line with its Racing.Green. sustainability strategy, Aston ⁤Martin is also working on alternatives to the internal combustion engine with a blended drivetrain approach, including PHEVs and BEVs, between 2025 and 2030, with clear plans to​ have a lineup of⁢ electric sports ⁢cars and SUVs.

Based in Gaydon, UK, Aston Martin ‌Lagonda designs, manufactures, and exports luxury ‍vehicles for sale in over 50 countries ⁣worldwide. Its sports car ​range is built in Gaydon, and the‍ DBX luxury SUV ⁢is ⁢built in St. Athan, Wales. The company has a⁢ target to make its manufacturing facilities net-zero by 2030.