The covers have just been taken off the Aston Martin RapidE Concept. The car has been produced by the automaker and Williams Advanced Engineering and was unveiled in London to visiting Chinese President Xi Jinping.

The launch of the RapidE Concept comes on the back of Aston Martin chief executive Andy Palmer announcing his desire for a fully-electric Rapide variant with 1000 hp. Rather than 1000 hp, this initial concept pumps out a total of 550 hp but as of yet, no further technical details or specifications about its powertrain are available.

The company has revealed that it produced the concept due to demand from Chinese investors for such a model. Additionally, an agreement has been announced between Aston Martin and ChinaEquity, a Chinese investment group, to explore the potential of putting the car into production at Aston’s headquarters in Gaydon.

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Discussing the car, Andy Palmer said “We see luxury electric vehicles as an intrinsic part of our future product portfolio and welcome ChinaEquity into the next phase of study for the project development. The exciting RapidE concept tangibly demonstrates the capability and ambition of Aston Martin towards developing low- and zero-emission sports cars.”

ChinaEquity chairman Chaoyong Wang added to this by saying “We are excited to participate in the development of the RapidE and to make a contribution to Sino-British clean energy and green environmental strategy. We feel confident that there are significant opportunities for electric cars in China and the world.”

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