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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Aston Martin delays first battery electric vehicle again and plans job cuts

The Aston Martin logo on a Vantage car
Aston Martin says its first battery electric vehicle will only come in ‘the latter part of this decade’. Photograph: Priyanshu Singh/Reuters

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

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

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