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Aston Martin delays electric car plans again and cuts jobs in quest for profit

February 27, 2025

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The Guardian

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

- Jasper Jolly

Aston Martin delays electric car plans again and cuts jobs in quest for profit

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

It is the latest delay in the electric plans for Aston Martin, famed as the car driven by James Bond in the British spy films. The company had planned to showcase an electric car in 007's most recent cinema outing - No Time to Die, filmed in 2019-but it cancelled that model and last year it first postponed its electric car to 2026.

المزيد من القصص من The Guardian

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Special offer: enjoy your newspaper for less

Over the past 20 years the Guardian has become a truly global news organisation with millions of readers around the world reading us online. But we are very aware that many of our most longstanding, loyal and generous readers are those who regularly buy the newspaper in Britain. On behalf of everyone at the Guardian, thank you.

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