Business Weekly (Zimbabwe)

How McLaren aims to reinvent supercars

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THERE'S nothing g quite like the roar of a revving McLaren Laren engine to set a petrolhead's pulse pounding, or the full-throated scream m as it tears across the tarmac.

Yet new petrol-powered wered McLarens could be illegal in many any countries by 2030. The supercar maker, like all car companies, has as to go electric — but that's easier said than done for a niche player that can't comproromi­se the performanc­e, e, and racing experience, e, that supports its rarefied pricing and exclusivit­y.

McLaren could probably produce a fully-electric vehicle tomorrow, said Ruth Nic Aoidh, the British carmaker's executive director for purchasing. . But the weight of today's y's batteries “would kill all l of the attributes that make ake a McLaren a McLaren”.

So instead, Nic Aoidh idh says McLaren is taking more ore time to rethink the way it builds uilds vehicles from the wheels up. It is also looking to overhaul its business ss model, to generate revenue from selling ng some of its new technology to other carmakers. armakers.

The people it ultimately mately has to keep happy are affluent enthusiast­s thusiasts like Steve Glynn, who make up McLaren's ML 'b base.

A racing driver, Glynn teaches others how to drive their supercars around private tracks, where the combinatio­n of raw speed and precise handling separate McLarens and Ferraris from cars that cost a tenth as much.

Glynn just bought his fourth McLaren, a black 620R, in January.

“I'm a petrolhead through and through, but I think we have to accept the future of electrific­ation beckons everyone,” he said at his home in Headley Down, a village in southern England less than hour's drive from McLaren's Woking headquarte­rs.

“But an electrifie­d McLaren would still have to put that same smile on your face.”

Even for deep-pocketed behemoths like Volkswagen, developing electric vehicles is an expensive propositio­n that is taxing their capital resources.

Other smaller premium carmakers like VW Group's Bentley or Tata-owned Jaguar Land Rover, which both plan to electrify their model lineups by 2030, can rely on their owners' financial backing to make the switch. it h

But for niche manufactur­ers like McLaren, lack of scale is a major challenge. Last year McLaren said it would cut 1200 jobs — more than a quarter of its workforce — as it dealt with fallout from the Covid-19 pandemic.

The company sold 4 662 vehicles in 2019, but thanks to pandemic shutdowns the company said in November its 2020 sales would hit around 1700 cars and its revenue could fall by up to half.

McLaren will reveal some of its progress toward it electric ambitions with the Artura, a hybrid model, launching on February 17.

All about the weight

Weight is of paramount importance to customers.

To cut cost and help reduce its vehicles' weight 15 percent in order to carry heavy batteries, McLaren has developed a new in-house process to make a carbon composite chassis, or “tub”, in minutes at a 50 million pound site it i in Rotherham, R th h

England.

“If McLaren are going to take the electrifie­d route to a supercar, they'll need to maintain the light weighting as much as possible,” said Andy Abbosh, who owns a pearl white McLaren 650S Spider.

McLaren's new chassis will be used in the Artura, and by 2026 all its cars will be hybrids using this chassis, Nic Aoidh said. The carmaker aims to have fully electric models on the road towards the end of this decade, she added.

The process has brought mass production of carbon composite parts a step closer and McLaren is talking to other carmakers and manufactur­ers in other sectors on how to monetise the technology, according to Nic Aoidh.

“The way companies like ours will find our way to electrific­ation is through innovation,” she said.

“That will potentiall­y open up doors for return on investment­s.” McLaren will develop its own batteries, bat which could also generate fresh revenue re streams, she added.

Electric hypercar m maker Rimac, which aims to bring its C-Two model to market later this year, plans something some similar.

The company plans to build b fou four of th the cars p per m month and has its first year of p prod ductio tion sold out, acco according to fou founder Mate Ri Rimac. He sai said the market for these vehicles was li limited and would probably pro hit a ceiling of around aroun 100 vehicles per year, worth s several hundred million euros.

But where he sees a far gr greater business opportunit­y is to operate as an auto t supplier, li where h it li licenses, d develops and manufactur­es systems and components for other carmakers, as it does already for Aston Martin and a number of others.

“We want to showcase with our cars what's possible, then help carmakers build exciting electric cars and make the transition to electric faster,” Rimac added.

But it remains to be seen whether supercar makers like McLaren, with reputation­s forged on gas-guzzling race tracks, can successful­ly reinvent themselves for an electric era.

Pietro Frigerio, dealer principal at McLaren Newport Beach in southern California, worries a McLaren electric car without the famous throaty growl of a combustion engine could get lost in a crowd.

“What we're selling here is emotion,” Frigerio said.

“When you come to spend US$300 000plus on a car, you want it to look different and feel different.”

 ?? — Reuters. ?? Steve Glynn, who has owned a number of McLarens, says he is willing to try out electric models when they become
available.
— Reuters. Steve Glynn, who has owned a number of McLarens, says he is willing to try out electric models when they become available.

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