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UK electric motor maker YASA expands production 50-fold for EVs

LONDON — British electric motor manufacturer YASA said on Thursday it was increasing its production capacity from 2,000 to 100,000 units with a new factory to tap into growing demand from carmakers for greener technologies. Automakers are racing to build greener vehicles and improve charge times in a bid to meet rising customer demand and air quality targets but Britain lacks sufficient manufacturing capacity, an area the government is building up. Last year, the government picked a site in central England to house a new automotive battery development facility, which will develop the processes required to manufacture the latest battery advancements. On Thursday, YASA, based near the English city of Oxford, said it had raised another 15 million pounds ($21 million) as part of its expansion. "Our customers are looking to adopt innovative new technologies such as YASA's axial-flux electric motors and controllers in order to meet the needs of the rapidly expanding hybrid and pure electric automotive market," said Chief Executive Chris Harris. The firm exports 80 percent of production and has worked with companies including Britain's two biggest carmakers Jaguar Land Rover and Nissan as well as Aston Martin. JLR will decide this year whether to build electric cars in its home market, previously citing factors such as pilot testing and support from science and government as pre-requisites. Reporting by Costas PitasRelated Video:

Aston Martin Vulcan teased in video

Get ready for the Aston Martin Vulcan. We're not sure exactly what that is – but Aston has released a teaser of its upcoming model/concept/thing – and it has a racy sound, that's for sure. That's about all we know from this video, as the car isn't shown. The Vulcan is set to debut March 3 at the Geneva Motor Show, and the official YouTube channel calls it "something very special." The Vulcan's pending reveal comes as Aston is set to get a cash influx from Investindustrial, an Italian equity fund that owns a chunk of the British automaker. The money will fund the company's new product plan, which is expected to help push Aston's global sales to 8,000 annually, double its current level. Aston's lineup of sporting machines has largely grown long in the tooth. New CEO Andy Palmer, who joined the company from Nissan, is charged with updating the portfolio to better compete with other high-end brands. The Vulcan appears to be the start of this, and it literally sounds pretty good. If nothing else, this engine sounds would like it make a nice ringtone for James Bond. News Source: Aston Martin via YouTubeImage Credit: Aston Martin Motorsports Geneva Motor Show Aston Martin Luxury Performance 2015 Geneva Motor Show aston martin vulcan

Aston Martin DB11 is such a tease

Aston Martin would like to take a moment to remind you that it makes beautiful cars. Naturally, the model you're likely most interested in learning about is the upcoming DB11, which we're pretty sure will make its global public debut at the upcoming Geneva Motor Show in March. To make sure you don't forget, the automaker has created this handy teaser microsite. Although the video released by Aston Martin to go along with its teaser site doesn't actually mention one of its prettiest recent models, the DB7, it does hit some memorable highlights. Starting all the way back in 1950 with the introduction of the DB2, the British sportscar manufacturer has had a history of stunning coupes. Perhaps the most well-known of all is the DB5 of the Swingin' Sixties, made famous as the car James Bond drove as he eluded baddies in movies like Goldfinger. Granted, we already have an idea of what the new DB11 will look like, at least from the front, which makes dark and shady teasers like the one here a tad less interesting. No matter, we like what we've seen so far, and can't wait to take it all in once the coupe is released in all its official glory. Until then, let the teasing continue. Related Video: