This is no rumor.
Aston Martin's new executive team has made a decision that will change the company forever. The next-generation DB11 and Vantage will be ditching their combustion engines in favor of all-electric setups. Automotive News Europe confirmed this with CEO Tobias Moers. "The succession of our traditional sports segment has to be full electric, no doubt," he said.
Both vehicles are front-engined and were launched in 2016 and 2018, respectively, and are currently share a Mercedes-AMG twin-turbo 4.0-liter V8. The DB11 also comes powered by a twin-turbo 5.2-liter V12. We previously learned Aston Martin's first all-electric model will arrive in 2025 or 2026, but only now do we know for sure it'll either be the next DB11 or Vantage. Our money is on the DB11.
Prior to this, a plug-in hybrid version of the popular DBX will debut. The Valkyrie hybrid hypercar will debut this September. This isn't the first the carmaker intended to jump into the world of EVs. Previous CEO Andy Palmer intended to begin the transformation with the launch of the Lagonda ultra-luxury brand. It would have been EV only, but it seems those launch plans are off following Palmer's departure.
Canadian billionaire Lawrence Stroll became a major shareholder last year by injecting much-needed cash into the struggling company. Part of the deal he made was to drop Palmer and to become executive chairman.
Stroll then lured Moers away from his CEO role at AMG. It was the ideal hire because Aston Martin currently relies heavily on those AMG engines and other technologies, such as the upcoming Valhalla's PHEV V8 setup. But Moers knows the transition to full electrification won't be easy. "How you experience the brand, the customer journey," he added. "These are the things that are going to make the difference. It will be about the experience, the driving dynamics, how we are going to serve our customers."
These are things that need to be figured out relatively fast because that next-generation DB11 (DB12?) isn't too far out.