This signing extends the existing collaboration between the two companies.In January 2016, LeEco and Aston Martin revealed the first results of their partnership – an Aston Martin Rapide S incorporating Letv Internet of the Vehicle system. The companies have accelerated their plans to develop low emission vehicle technologies as they plan to launch a range of electric vehicles during the second half of the decade.
The first model developed by this partnership will be the Aston Martin RapidE. The RapidE concept was created to explore how the company can take an existing production vehicle and create an all-electric sports sedan. Since the creation of this concept vehicle, Aston Martin and Letv have been advancing the work on production feasibility including the identification of technology solutions for battery systems and powertrain. Both companies are now focused on bringing the RapidE to market in 2018.
Aston Martin CEO, Dr Andy Palmer, said: “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. Bringing the RapidE to market by 2018 is an important milestone for both companies.”
