In order to accelerate the developme of its cars, Aston Martin erusts the supply of some parts to Geely. Geely now owns 17% of this British company.
It is a common occurrence that car manufacturers like Aston Martin, with limited production volume, erust the supply of their parts to third parties. In fact, using other companies to supply parts allows these automakers to focus on their core expertise completely; In fact, Aston Martin’s job is not to produce cars on a mass scale, but to produce special products with elegance in design and engineering. Now, in such a situation, Aston Martin procures some of its car compones from the well-known Chinese car manufacturer Geely.
Aston Martin erusts its parts supply to Geely
Roberto Fedeli, Aston Martin’s director of developme, recely stated in an ierview with Autocar magazine that Geely will supply the seats and the veilation system, or more precisely the HVAC system, for the British brand’s future cars. Geely is among the shareholders of Aston Martin and even recely increased its stake in the company to 17%. In addition to Aston Martin, Geely owns other car companies such as Lotus, Volvo, Polestar and Smart.
According to him, this is part of the approach of this car manufacturer to speed up the developme process of its cars in the future. Amedeo Felisa, the CEO of Aston Martin, has also poied out that by relying more on Geely for the supply of parts, the list of suppliers including about 300 companies will now be 30% smaller.
Apart from this, Aston Martin makes the scope of its cooperation with Mercedes-Benz even wider than before. In addition to the AMG twin-turbo V8 engine, the British automaker will also source electrical architecture and electric drive systems from Mercedes-Benz. It was also recely revealed that Aston Martin is partnering with Lucid to supply powertrain and battery technologies.
