Aston Martin's future electrified vehicles will have Mercedes-Benz powertrains when they go into production in St Athan in a few years. The technical deal is part of a massive investment by Daimler taking a 20% stake in the British luxury car-maker over the next three years. The two have been working together since 2013 when MB supplied petrol engines to the sports cars made in Gaydon and this … [Read more...]
£1 Billion plan to support auto supply chain
The Automotive Transformation Fund is a programme that aims to establish a competitive and sustainable UK Supply Chain. It offers a share of up to £1 billion of funding for industrial research and capital projects to support the industrialisation of a high-value, electrified automotive supply at scale. This is an expression of interest (EoI) competition and companies have until 14th October to … [Read more...]