leeco Stories December 29, 2016

There’s some confusion around the relationship between Faraday Future and LeEco’s LeSee electric car division beyond the fact that they were both founded by Jia Yueting. They are both separate companies – FF is based in the US and LeSee in China, but the technology behind LeSee’s electric sedan has been developed by Faraday.

It’s a similar arrangement as the joint-ventures US automakers have with Chinese companies in order to produce vehicles in the country. There have been doubts about Faraday Future or LeSee’s ability to bring any vehicle to market after financial issues.

Faraday Future had to delay work at its own factory in Nevada, but now LeEco announced this week that it broke ground at its $3 billion electric car factory in China. expand full story

leeco Stories September 21, 2016

When Faraday Future announced its electric vehicle factory in Nevada, it confirmed that it will be building the vehicles down to the battery pack with its EV platform called VPA, which is short for ‘Variable Platform Architecture’, but it also confirmed that it will import the battery cells.

Now a leak coming from LG Chem, one of the biggest supplier of batteries for electric cars, suggests that Faraday Future not only selected the battery cells from the Korean battery maker, but that they signed a supply deal worth 2.7 trillion won (US$2.40 billion). expand full story

leeco Stories September 20, 2016

Having invested in both Faraday Future and Atieva, Chinese billionaire Jia Yueting is becoming an important player in the electric vehicle field. But his latest project directly under his main company, LeEco, could actually end up having the biggest impact in the short-term thanks to a recent investment.

The company disclosed today having raised $1.08 billion USD to finance the effort to bring the LeSee, the tech company’s all-electric and autonomous sedan, to market. expand full story

9to5toys 

leeco Stories August 11, 2016

Chinese billionaire Jia Yueting is better known in the US for financing Faraday Future, a California-based electric vehicle startup, but in China, Jia is known as the founder and CEO of LeEco, an important media and technology company. While LeEco and Faraday Future have a partnership, LeEco is developing its own electric vehicle, LeSee, for the Chinese market.

We were at the unveiling of the LeSee earlier this year, you can read our full report: LeEco shows off its ‘LeSEE’ all-electric car concept [Gallery]

Now we learn that the company is going ahead with an important factory to manufacturing the vehicle in volumes. expand full story

leeco Stories April 22, 2016

I was in China this week to witness the unveiling of many new products from a huge Chinese conglomerate you may or may not have ever heard of — LeEco. The company, which recently changed its name from LeTV, took to its own LeSports stadium in Beijing to announce not only several new phones, but a VR headset, some new TV sets, and to top it all off, a concept car.

Follow after the break for a full look at the announcement in less than 5 minutes…

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leeco Stories April 20, 2016

Update: Check out the full announcement video.

Earlier today, LeEco (previously known as LeTV) announced its first set of China-bound phones since its rebranding, but the company also used today’s event in Beijing — attended by more than 10,000 people — to unveil its first all-electric concept car dubbed LeSee…

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9to5mac 

leeco Stories February 17, 2016

When unveiling that all-electric RapidE concept last year, Aston Martin CEO Andy Palmer announced that the automaker will take an investment from a China-based group to develop the production version of the RapidE concept.

Today, the company announced the creation of a partnership with Faraday Future backer LeTV, or LeEco or Leshi (the group goes by many brand names), to develop and manufacture the RapidE. The group says they are now focused on bringing the vehicle to market in 2018. expand full story

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