Aston Martin has officially delayed the launch of all of its electric vehicles while it attempts to get back on solid financial footing. On Friday, the automaker said it plans to take up to £500 million (approximately $659 million) in emergency funding from a group of investors led by Canadian billionaire Lawrence Stroll. As part of a new financial plan, it now plans to focus on its gasoline cars before manufacturing any EVs. It’s therefore delaying the Rapide E, what was supposed to be its first EV, indefinitely, and pushing back the relaunch of its all-electric Lagonda sub-brand to sometime after 2025.
