The luxury car manufacturer will be releasing just 155 of the RapidE as a limited edition vehicle, with production beginning in 2019.
Aston Martin President and CEO, Dr Andy Palmer, said: "Having unveiled the RapidE Concept back in October 2015 we reach another milestone with the confirmation that we are now putting the first all-electric Aston Martin into production. RapidE represents a sustainable future in which Aston Martin's values of seductive style and supreme performance don't merely co-exist alongside a new zero-emission powertrain, but are enhanced by it.
"The internal combustion engine has been at the heart of Aston Martin for more than a century, and will continue to be for years to come. RapidE will showcase Aston Martin's vision, desire and capability to successfully embrace radical change, delivering a new breed of car that stays true to our ethos and delights our customers."
Aston Martin have teamed up with Williams Advanced Engineering, based in Grove, Oxfordshire, to create the luxurious vehicle.
The four-door sports car will be based on the Rapide AMR concept and will be powered by an all-electric powertrain, which would replace the six-litre V12 engine.
Paul McNamara, Technical Director at Williams Advanced Engineering, added: "Williams Advanced Engineering has always endeavoured to work collaboratively with its customers to meet their sustainability challenges and find energy efficient solutions.
"For today's car manufacturers, this is particularly important as legislation demands more energy efficient vehicles. This project with Aston Martin will draw on the extensive battery and EV experience we have accumulated and we are extremely pleased to be supporting this prestigious British company with their future electrification strategy."