is working with investment firm ChinaEquity to bring an all-electric version of the Rapide
to production by the end of 2017. Aston received 50 million British pounds ($77 million)
from ChinaEquity for development, according to Automotive News Europe
. The model could have as much as 1,000 horsepower, which makes sense because its powertrain will be developed by an affiliate of the Williams Formula One team. Aston Martin also says an electric variant of its DBX SUV may be in the works by 2019.
The electric Rapide could also have a 200-mile single-charge range, though the car may be priced at as much as $250,000. Aston Martin first announced plans
to build the model earlier this year. The automaker launched the Rapide in 2010.