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Nevada State Treasurer Dan Schwartz: “Jia Yueting doesn’t have any money”.

November 28, 2016 by Tycho de Feijter

Nevada State Treasurer Dan Schwartz: "Jia Yueting doesn't have any money".

More trouble for Jia Yueting, the founder and CEO of LeEco, the main backer of Faraday Future (FF). Nevada State Treasurer Dan Schwartz has been very blunt about the company in an interview last week with China Daily.

In the interview, which hasn’t been picked up by international media yet, Schwartz says, among other things, that “Jia doesn’t have any money.” Chinese media are talking about a “crisis of confidence”.

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LeEco LeSee Pro Launched in San Fransisco

October 20, 2016 by Tycho de Feijter

LeEco LeSee Pro Launched in San Fransisco

The LeSee LeEco Tesla killer from China had its North American debut in San Francisco last night. It didn’t go without a hitch but eventually LeEco managed to get the new LeSee Pro on stage. Th LeSee Pro is an updated version of the LeSee concept that debuted in Beijing in April. The Pro has a slightly more realistic front, new wheels, new side skirts, and a new rear bumper with a diffuser.

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LeEco Announces Factory For The LeSee Tesla Killer In China

August 11, 2016 by Tycho de Feijter

LeEco Announces Factory For The LeSee Tesla Killer In China

Happy faces, LeEco CEO Jia Yueting third from left.

LeEco has announced it will build a car factory in Huzhou City in Zhejiang Province. The factory will have an annual capacity of 200.000 cars and will make the spectacular LeSee, dubbed the ‘Chinese Tesla Killer‘. Total investment is 20 billion yuan or 3 billion USD.

The announcement is a surprise. LeEco said earlier it wanted to outsource production to an existing Chinese car maker, and they had talks with Beijing Auto and with Guangzhou Auto. But that apparently came to nothing.

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What We Know About The LeSEE Tesla Killer From China

May 13, 2016 by Tycho de Feijter

What We Know About The LeSEE Tesla Killer From China

The LeSEE Super EV beats Tesla Model S with faster acceleration from 0-100 km/h, more distance per charge and it has a higher speed at its fastest point.
Jia Yueting, CEO of LeEco.

The LeSEE electric sedan was one of the hottest cars at the Beijing Auto Show. It is widely described as the “Chinese Tesla killer”, and the company has stated that it has Tesla in its sights. We have heard that one before. So does the LeSEE have what it takes?

More on FORBES.

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Faraday Future FFZERO 1 arrives in China for the Beijing Auto Show

April 24, 2016 by Tycho de Feijter

Faraday Future FFZERO 1 arrives in China for the Beijing Auto Show

The ultra crazy and mega interesting Faraday Future FFZERO1 has been unveiled to the media in Beijing and will have its public debut tomorrow on the Beijing Auto Show. The electric supercar got a much warmer welcome here than in Las Vegas, where it was almost murdered in a shit storm.

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More Photos of the LeSee EV Tesla Killer from China

April 22, 2016 by Tycho de Feijter

More Photos of the LeSee EV Tesla Killer from China

We have received a flock of new photos of the LeSee EV, China’s new Tesla killer. The LeSee EV is a concept for now but the company says the production version won’t differ much. They are already testing with the production car and say the test vehicles have reached a 211 km/h top speed. The LeSee EV will have its public debut on Monday on the Beijing Auto Show, where we will sure check it out.

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The LeSee EV sedan is China’s latest Tesla beater

April 20, 2016 by Tycho de Feijter

The LeSee EV sedan is China's latest Tesla beater

This is the beautiful new LeSee EV, a brand new Tesla beater from China. The vehicle is a concept for now but LeSee says the production version won’t differ that much. The company is already testing with the production car and claims the test vehicles have a top speed of 211 kilometers per hour. The LeSee EV will have its public debut on Monday on the Beijing Auto Show, where we will check it out.

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New Car Brand from China: LeSee, with an Electric Supercar

April 18, 2016 by Tycho de Feijter

New Car Brand from China: LeSee, with an Electric Supercar

Another day, another new car brand from China. Today we celebrate the birth of ‘LeSee’, owned by LeTV, China’s largest internet television company, often compared to NetFlix. LeSee will have its public launch on the Beijing Auto Show next week.

For now the company focuses on two main projects: Faraday Future in the United States and the electric Aston Martin Rapide in the United Kingdom. On the Beijing show LeSee will also debut a new electric supercar concept, above, which seems to be a slightly more realistic variant of the crazy FaradayFFZERO1 that debuted in Las Vegas in January.

Interestingly, on the sketches the car wears ‘LeCar’ badges. This name would make some sense with LeTV and LeSee, but it also reminds us of a certain French vehicle, which is by the le way completely unknown in China, so maybe LeTV missed out on that.

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