LeEco, formerly known as LeTV, will push out an Aston Martin electric vehicle by 2018, reiterating their existing partnership through a new MOU, the company said on Wednesday.

LeEco joins a handful of Chinese tech companies taking on US counterparts to release hi-tech electric and autonomous autos before 2020. According to LeEco, the latest MOU will possibly also cover the development of LeEco and Faraday Future-brand electric vehicles.

The partnership will initially oversee the production of the Aston Martin RapidE, the German brand’s first electric car. The vehicle will be based on an existing Aston Martin sedan design, with the aim of taking it fully electric. The car will be manufactured in Gaydon, England, according to the release.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Cate Cadell

Cate is a tech writer. She worked as a journalist in Australia, Mongolia and Myanmar. You can reach her (in Chinese or English) at: @catecadell or catecadell@technode.com