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Aston Martin is going after Tesla buyers who want more luxury and track performance, says CEO

Two years ago, Aston Martin announced that its first all-electric car effort when it unveiled a prototype of a Rapide converted with an all-electric drivetrain, the ‘RapidE’.

Now Andy Palmer, the British automaker’s CEO, elaborated on how he sees the vehicle’s position in the luxury segment – and compared it to Tesla.

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Williams Advanced Engineering gets $125 million to build EV battery factory in the UK

Williams Advanced Engineering, the tech division of the Williams Formula 1 team, had the battery supply contract for the Formula E, but its electric vehicle battery effort took a hit when McLaren won the new contract last year.

It’s apparently far from dead since we now learn that they got £100 million ($125 million USD) to build a battery factory in the UK.

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