McLaren Automotive launches six-year future products and technology investment program

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McLaren Automotive has revealed details of its Track22 business plan for the next six years, which will focus on the development of two-seater sports and supercars.

Throughout the program, the company will maintain its investment in R&D, which accounts for 20-25% of its turnover. Over the six-year period, this represents an investment of £1bn (US$1.42bn) and will lead to the launch of 15 all-new cars or derivatives and an all-new engine architecture.

Subsequent to the global success of the petrol-electric hybrid-powered McLaren P1, McLaren Automotive has confirmed that at least 50% of its cars will feature hybrid technology by the end of the business plan. Research engineers at the McLaren Technology Centre in Woking, UK, are also in the early prototype stages of the development of a fully-electric powertrain and are evaluating its possible use in a future generation of an ultimate series car.

Mike Flewitt, CEO of McLaren Automotive, commented, “Our next hybrid vehicle will launch toward the latter part of our six-year plan, and we will see at least 50% [of McLaren vehicles]featuring hybrid technology by 2022.

“Hybridization has obvious CO₂ and fuel consumption advantages but for us, it is all about delivering the performance and enjoyment of a McLaren. But we won’t stop there. Our engineers have even started work on a one-off prototype to evaluate the possible benefits of a fully-electric powertrain in an ultimate series car; such is the pace of development.”

March 8, 2016

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John joined UKi Media & Events in 2012 and has worked across a range of B2B titles within the company's automotive, marine and entertainment divisions. Currently editor of Automotive Testing Technology International, Crash Test Technology International and Electric & Hybrid Marine Technology International, John co-ordinates the day-the-day operations of each magazine, from commissioning and writing to editing and signing-off, as well managing web content. Aside from the magazines, John also serves as co-chairman of the annual Electric & Hybrid Marine Awards and can be found sniffing out stories throughout the halls of several of UKI's industry-leading expo events.

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