ChinaVirtuoso

Cooperation between luxury British sports car manufacturer Aston Martin and Chinese Internet company LeEco has been ceased due to non-technology-related reasons.

Commenting on the news, LeEco's public relations department said that they were confirming the latest progress of the cooperation with executives from LeEco's automobile business.

LeEco and Aston Martin signed an agreement on February 17, 2016 and the two parties reached a memorandum of understanding to set up an electric car joint venture in Frankfurt, Germany.

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