British luxury car brand and LeEco consumer electronics firm to develop car based on Aston Martin Rapide S modelAston Martin is setting up a venture with the Chinese consumer electronics group LeEco to jointly develop the British luxury car brand’s first electric vehicle.
Aston Martin and LeEco said they diagram to develop the RapidE electric car based on the British carmaker’s Rapide S model,before developing other potential electric vehicles, including for LeEco. Financial terms of the transaction were not disclosed.
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Source: theguardian.com