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Chinese Court Freezes $182 Million From Faraday Future Backer 7
Jul
Posted by Brad Anderson in china, Electric Vehicles, Faraday Future, LeEco, Reports on 07 7th, 2017


A court in China has frozen $182 million in assets of Jia Yueting, the billionaire founder of LeEco and the major backer of U.S. electric car startup Faraday Future.
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Aston Martin Had To Scale Down Plans For Its First Electric Model 27
Jun
Posted by Michael Karkafiris in ASTON MARTIN, aston martin rapide, Electric Vehicles, LeEco, Reports on 06 27th, 2017


Aston Martin may have confirmed its first electric model, the RapidE for 2019 but the company had to rethink its plans after LeEco pulled out of the project.
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LeEco Has Its Back Against The Wall, May Ditch EV Project In US 26
May
Posted by Michael Karkafiris in china, Electric Vehicles, Faraday Future, LeEco, Reports on 05 26th, 2017


LeEco’s financial woes are well documented so far and the time is approaching for the Chinese giant to make a decision whether they should drop their EV project in the US completely or not.
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Faraday Future Says LeEco Jobs Cuts Won’t Affect It 26
May
Posted by Brad Anderson in Electric Vehicles, Faraday Future, LeEco, Reports on 05 26th, 2017


On Tuesday, the main financial backer of Faraday Future, Chinese company LeEco, slashed its U.S. workforce by 70 per cent. Despite these significant cuts, FF claims that it is unaffected by the layoffs and LeEco’s restructuring.
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Faraday Future Looking To Raise $1 Billion As Main Backer LeEco Struggles 25
May
Posted by Michael Karkafiris in china, Electric Vehicles, Faraday Future, LeEco, Reports on 05 25th, 2017


Faraday Future is reportedly looking to raise $1 billion in a bid to protect itself from the financial problems of its main backer, Chinese tech giant LeEco.
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Faraday Backer LeEco Slashes U.S. Jobs 24
May
Posted by Brad Anderson in Autonomous, Electric Vehicles, Faraday Future, LeEco, Reports on 05 24th, 2017


Chinese company and financial backer of Faraday Future, LeEco, has slashed 70 per cent of its workforce in the United States.
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Faraday Future Loses Global CEO Days Before CES 30
Dec
Posted by Brad Anderson in CES, Electric Vehicles, Faraday Future, LeEco, Reports on 12 30th, 2016


The global chief executive of Faraday Future has stepped down from his position just days before CES 2017 kicks off.
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LeEco Breaks Ground On $3 Billion Chinese Electric Car Factory 30
Dec
Posted by Brad Anderson in china, Electric Vehicles, LeEco, Reports on 12 30th, 2016


Chinese automaker LeEco has broken ground on its $3 billion electric car factory in China.
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LeEco And Faraday Future Owners Running Out Of Cash 11
Nov
Posted by Bogdan Zoltan in Autonomous, china, Electric Vehicles, Faraday Future, LeEco, Reports on 11 11th, 2016


LeEco is currently facing financial difficulties due to their rapid expansion in various businesses, but what does this mean to the automotive industry?
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Faraday Future Strikes $2.4 Billion Battery Deal For China’s Tesla Rival 22
Sep
Posted by Brad Anderson in Electric Vehicles, Faraday Future, Korea, LeEco, Reports on 09 22nd, 2016


Faraday Future is believed to have struck a $2.4 billion deal with battery supplier LG Chem.
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Faraday Future Secures $1.08 Billion For Electric Sports Car Development 21
Sep
Posted by Michael Karkafiris in china, Electric Vehicles, Faraday Future, LeEco, Reports on 09 21st, 2016


LeEco, the Chinese company behind California-based Faraday Future has raised $1.08 billion to develop an electric sports car which will probably be inspired by the insane FFZERO1 concept.
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LeEco Confirms New Electric Car Factory In China 16
Aug
Posted by Cristian Gnaticov in china, Electric Vehicles, LeEco, Reports on 08 16th, 2016


From smartphones to intelligent TVs, Chinese tech giant LeEco is now preparing to enter the world of car manufacturing.
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Atieva Is Shaping Up To Be Another Tesla Rival 20
Jun
Posted by Bogdan Zoltan in china, Electric Vehicles, LeEco, Reports, video on 06 20th, 2016


Tesla’s business model is a recipe for success, and Atieva USA Inc is the latest start-up company that wants to challenge the American car manufacturer in the all-electric segment.
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LeEco LeSEE Takes Tesla’s Recipe To Beijing 25
Apr
Posted by Bogdan Zoltan in Beijing Auto Show, china, concepts, Electric Vehicles, LeEco on 04 25th, 2016


Leshi Internet Information & Technology, also known as LeEco, just launched an all-electric concept that aspires to someday, beat Tesla at its own game.
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China’s Answer To Tesla Breaks Cover: Meet The LeEco LeSEE [21 Pics & Video] 21
Apr
Posted by Michael Karkafiris in Autonomous, Beijing Auto Show, china, concepts, Electric Vehicles, LeEco on 04 21st, 2016


China’s technology giant Le Eco revealed the first details of their electric car called the LeSEE, ahead of its debut at the Beijing Motor Show debut.
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