The two companies have already worked together, in particular on the new Rapide S model, incorporating the Letv (former name of LeEco) Internet of the Vehicle (IOV) system, but have now signed a Memorandum of Understanding (MOU) to develop a production version of the Aston Martin RapidE electric vehicle concept, with a range of new electric vehicles to follow before the end of the decade.
Its concept, the battery-powered 1,000bhp FFZero1, is a fully electric concept model with a single seat and no doors. It is said to have a top speed of 200mph and be capable of completing the 0-60mph sprint in less than 3sec. The model features ‘aero tunnels’, which channel air through the car, reducing drag and cooling the battery. Reports state that the company is on course to deliver its first production vehicle in two years’ time.