diff --git a/cluster-autoscaler/cloudprovider/aws/auto_scaling_groups.go b/cluster-autoscaler/cloudprovider/aws/auto_scaling_groups.go
index 40b08db368..59425cbbc7 100644
--- a/cluster-autoscaler/cloudprovider/aws/auto_scaling_groups.go
+++ b/cluster-autoscaler/cloudprovider/aws/auto_scaling_groups.go
@@ -51,6 +51,8 @@ type asg struct {
 	curSize int
 
 	AvailabilityZones       []string
+	LaunchTemplateName      string
+	LaunchTemplateVersion   string
 	LaunchConfigurationName string
 	Tags                    []*autoscaling.TagDescription
 }
@@ -111,6 +113,8 @@ func (m *asgCache) register(asg *asg) bool {
 			// from zero
 			existing.AvailabilityZones = asg.AvailabilityZones
 			existing.LaunchConfigurationName = asg.LaunchConfigurationName
+			existing.LaunchTemplateName = asg.LaunchTemplateName
+			existing.LaunchTemplateVersion = asg.LaunchTemplateVersion
 			existing.Tags = asg.Tags
 
 			return true
@@ -287,9 +291,13 @@ func (m *asgCache) buildAsgFromAWS(g *autoscaling.Group) (*asg, error) {
 		MaxSize:            int(aws.Int64Value(g.MaxSize)),
 		SupportScaleToZero: scaleToZeroSupported,
 	}
+
 	if verr := spec.Validate(); verr != nil {
 		return nil, fmt.Errorf("failed to create node group spec: %v", verr)
 	}
+
+	launchTemplateName, launchTemplateVersion := m.buildLaunchTemplateParams(g)
+
 	asg := &asg{
 		AwsRef:  AwsRef{Name: spec.Name},
 		minSize: spec.MinSize,
@@ -298,11 +306,22 @@ func (m *asgCache) buildAsgFromAWS(g *autoscaling.Group) (*asg, error) {
 		curSize:                 int(aws.Int64Value(g.DesiredCapacity)),
 		AvailabilityZones:       aws.StringValueSlice(g.AvailabilityZones),
 		LaunchConfigurationName: aws.StringValue(g.LaunchConfigurationName),
+		LaunchTemplateName:      launchTemplateName,
+		LaunchTemplateVersion:   launchTemplateVersion,
 		Tags: g.Tags,
 	}
+
 	return asg, nil
 }
 
+func (m *asgCache) buildLaunchTemplateParams(g *autoscaling.Group) (string, string) {
+	if g.LaunchTemplate != nil {
+		return aws.StringValue(g.LaunchTemplate.LaunchTemplateName), aws.StringValue(g.LaunchTemplate.Version)
+	}
+
+	return "", ""
+}
+
 func (m *asgCache) buildInstanceRefFromAWS(instance *autoscaling.Instance) AwsInstanceRef {
 	providerID := fmt.Sprintf("aws:///%s/%s", aws.StringValue(instance.AvailabilityZone), aws.StringValue(instance.InstanceId))
 	return AwsInstanceRef{
diff --git a/cluster-autoscaler/cloudprovider/aws/aws_manager.go b/cluster-autoscaler/cloudprovider/aws/aws_manager.go
index 837b9118aa..465656020a 100644
--- a/cluster-autoscaler/cloudprovider/aws/aws_manager.go
+++ b/cluster-autoscaler/cloudprovider/aws/aws_manager.go
@@ -29,6 +29,7 @@ import (
 	"github.com/aws/aws-sdk-go/aws"
 	"github.com/aws/aws-sdk-go/aws/session"
 	"github.com/aws/aws-sdk-go/service/autoscaling"
+	"github.com/aws/aws-sdk-go/service/ec2"
 	"github.com/golang/glog"
 	"gopkg.in/gcfg.v1"
 	apiv1 "k8s.io/api/core/v1"
@@ -50,6 +51,7 @@ const (
 // AwsManager is handles aws communication and data caching.
 type AwsManager struct {
 	service     autoScalingWrapper
+	ec2         ec2Wrapper
 	asgCache    *asgCache
 	lastRefresh time.Time
 }
@@ -93,6 +95,7 @@ func createAWSManagerInternal(
 
 	manager := &AwsManager{
 		service:  *service,
+		ec2:      ec2Wrapper{ec2.New(session.New())},
 		asgCache: cache,
 	}
 
@@ -200,11 +203,6 @@ func (m *AwsManager) GetAsgNodes(ref AwsRef) ([]AwsInstanceRef, error) {
 }
 
 func (m *AwsManager) getAsgTemplate(asg *asg) (*asgTemplate, error) {
-	instanceTypeName, err := m.service.getInstanceTypeByLCName(asg.LaunchConfigurationName)
-	if err != nil {
-		return nil, err
-	}
-
 	if len(asg.AvailabilityZones) < 1 {
 		return nil, fmt.Errorf("Unable to get first AvailabilityZone for %s", asg.Name)
 	}
@@ -216,6 +214,11 @@ func (m *AwsManager) getAsgTemplate(asg *asg) (*asgTemplate, error) {
 		glog.Warningf("Found multiple availability zones, using %s\n", az)
 	}
 
+	instanceTypeName, err := m.buildInstanceType(asg)
+	if err != nil {
+		return nil, err
+	}
+
 	return &asgTemplate{
 		InstanceType: InstanceTypes[instanceTypeName],
 		Region:       region,
@@ -224,6 +227,16 @@ func (m *AwsManager) getAsgTemplate(asg *asg) (*asgTemplate, error) {
 	}, nil
 }
 
+func (m *AwsManager) buildInstanceType(asg *asg) (string, error) {
+	if asg.LaunchConfigurationName != "" {
+		return m.service.getInstanceTypeByLCName(asg.LaunchConfigurationName)
+	} else if asg.LaunchTemplateName != "" && asg.LaunchTemplateVersion != "" {
+		return m.ec2.getInstanceTypeByLT(asg.LaunchTemplateName, asg.LaunchTemplateVersion)
+	}
+
+	return "", fmt.Errorf("Unable to get instance type from launch config or launch template")
+}
+
 func (m *AwsManager) buildNodeFromTemplate(asg *asg, template *asgTemplate) (*apiv1.Node, error) {
 	node := apiv1.Node{}
 	nodeName := fmt.Sprintf("%s-asg-%d", asg.Name, rand.Int63())
diff --git a/cluster-autoscaler/cloudprovider/aws/ec2.go b/cluster-autoscaler/cloudprovider/aws/ec2.go
new file mode 100644
index 0000000000..950dadd80f
--- /dev/null
+++ b/cluster-autoscaler/cloudprovider/aws/ec2.go
@@ -0,0 +1,57 @@
+/*
+Copyright 2018 The Kubernetes Authors.
+
+Licensed under the Apache License, Version 2.0 (the "License");
+you may not use this file except in compliance with the License.
+You may obtain a copy of the License at
+
+    http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing, software
+distributed under the License is distributed on an "AS IS" BASIS,
+WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+See the License for the specific language governing permissions and
+limitations under the License.
+*/
+
+package aws
+
+import (
+	"fmt"
+
+	"github.com/aws/aws-sdk-go/aws"
+	"github.com/aws/aws-sdk-go/service/ec2"
+)
+
+type ec2I interface {
+	DescribeLaunchTemplateVersions(input *ec2.DescribeLaunchTemplateVersionsInput) (*ec2.DescribeLaunchTemplateVersionsOutput, error)
+}
+
+type ec2Wrapper struct {
+	ec2I
+}
+
+func (m ec2Wrapper) getInstanceTypeByLT(name string, version string) (string, error) {
+	params := &ec2.DescribeLaunchTemplateVersionsInput{
+		LaunchTemplateName: aws.String(name),
+		Versions:           []*string{aws.String(version)},
+	}
+
+	describeData, err := m.DescribeLaunchTemplateVersions(params)
+	if err != nil {
+		return "", err
+	}
+
+	if len(describeData.LaunchTemplateVersions) == 0 {
+		return "", fmt.Errorf("Unable to find template versions")
+	}
+
+	lt := describeData.LaunchTemplateVersions[0]
+	instanceType := lt.LaunchTemplateData.InstanceType
+
+	if instanceType == nil {
+		return "", fmt.Errorf("Unable to find instance type within launch template")
+	}
+
+	return aws.StringValue(instanceType), nil
+}