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Aston Martin does not want to say if his electric car is dead or alive

Aston Martin may have killed the Rapide E, his first electric car, before he was ever shipped a Coach report from the end of last week. But Aston Martin will not say whether this is true or not, as a spokesperson says The edge that the company “cannot comment on product speculation.”

“Everyone asks …” the spokesperson said in a text message before repeating the rule about speculation. “I cannot say more than that I am afraid.”

The automaker did not say anything about the Rapide E on a call with financial analysts last week. Coach Also reported, according to a single source close to the British automaker, Aston Martin plans to use the Rapide E instead as a research project for future electric vehicles – probably under the resurrected Lagonda brand.

The Rapide E made its official debut at the Auto Shanghai auto show in April 2019 after a winding four years of development. Aston Martin, announced in 2015, once intended to build the car as part of a joint venture with the Chinese technology conglomerate LeEco. But when LeEco went down in 2017, Aston Martin was forced to scale back its ambitions for the Rapide E. The British car manufacturer announced that it would make only 155 of the electric sports sedan that year, and again ended with Williams Advanced Engineering (the technical arm of the Williams F1 team), which had built the original Rapide E prototype.

Aside from manufacturing issues, Aston Martin would ask many of those 155 customers if it ever brought the Rapide E to market. The specifications never quite matched the price tag, that at a given moment was $ 255,000. Aston Martin promised only about 200 miles at best, and that is before any official estimates from the European Union or the Environmental Protection Agency in the US. This may partly be due to the weight; at 4,717 pounds, the Rapide E was about 400 pounds heavier than the internal combustion Rapide S. But it’s also because, in the simplest terms, Aston Martin stuffed electrical technology into the body of the Rapide with an internal combustion engine.

Yes, the Rapide E had two engines with more than 600 hp, with a top speed of 155 miles per hour and a time of 0 to 60 km / h of less than four seconds. But anyone pushing the car to that level of performance would undoubtedly also crush the already limited range of the battery.

Aston Martin has struggled vigorously in recent years (and has gone bankrupt seven times in its 100-year history) and even stopped producing the standard Rapide in 2019. The automaker has placed much of his hope on the DBX, his first SUV, but that vehicle will only appear later this year. In the meantime, Aston Martin is said to be requesting bids from external investorsbecause it has $ 1 billion in debt and ended 2019 with just $ 139 million in cash.