Aston Martin could be the next manufacturer to charge into the EV world with reports suggesting the Gaydon-based manufacturer is working on an electric version of the Aston Martin Cygnet city car.

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The Cygnet is already a highly controversial new vehicle from the traditionally bespoke British sports car maker, and an electric version would be an even further departure from the marque’s performance roots.

The standard Cygnet is based on the Toyota iQ, and an electric Cygnet would almost certainly be based on the iQ EV, which was unveiled at March’s Geneva Motor Show.

The Toyota iQ EV is powered by a 47kW electric motor and an 11kWh lithium-ion battery, giving it a maximum range of 105km.

Acceleration from 0-100km/h takes a very un-Aston-like 14 seconds – around 10 seconds longer than the V12 Vantage – and has a modest top speed of just 125km/h.

The iQ EV has two charge ports at the front, allowing it to be fully recharged in four hours. It can also be fast-charged to 80 percent capacity in just 15 minutes.

Toyota will begin testing the iQ EV in Europe, Japan and the US later this year, meaning a final production version will still be a couple of years away.

The Cygnet has been developed by Aston Martin as an attempt to reduce the brand’s corporate average fuel economy and increase sales revenue, and an EV version would no doubt satisfy both of these goals.

When it arrives in Australia, the Aston Martin Cygnet is expected to cost around $60,000.

Debate currently rages whether the Cygnet will cheapen the brand and lead Aston Martin away from its traditional philosophy of designing beautiful luxury sports cars, or help it stay on top in an industry that continues to push for environmental gains.