Aston Martin RapidE to enter production image

The British automaker has recently signed a Memorandum of Understanding with LeEco that practically makes official the production series RapidE, which was previewed by the namesake concept.

The production version of the RapidE should reach the markets sometimes in 2018 and act as a high-performance electric vehicle that marries luxury to environmental consciousness. The two companies were mum on performance specifications but did hint they were still working to decide which would be the proper powertrain and battery system for the upcoming model. First introduced last year, the RapidE concept was a joint development with Williams Advanced Engineering and was produced as a demonstrator – and also a keynote speech for Aston Martin’s implications with zero-emission sports cars. When it was unveiled the Brits said if the model was to be produced in series it would be manufactured at home in the UK and be ready in around two years.

Aston Martin and LeEco also said their agreement was open to other collaborations in the near future – for example include the production of a new generation of electric vehicles bearing the logos of both companies and those of Faraday Future. “Aston Martin is dedicated to developing a range of cars with low emission technologies. We have been encouraged by the project speed and technical depth shown by Letv in the development of the RapidE concept towards full production,” commented Aston Martin’s chief executive officer Andy Palmer.