China X Cleantech — Electric Bus Leadership, Hot EV Startups, Solar Domination, & Other Q1…
What was the hottest cleantech news in China in Q1 2018? Read on…
Jia Yueting
Alibaba-Backed He Xiaopeng Bets Entire Fortune On Another “Tesla Killer”
Ah, to be in your early 40s and have about 1 billion yuan ($155 million) burning a hole in your pocket! That is exactly what’s happening with Xiaopeng Motors chairman He Xiaopeng’s clothing, so he is now betting his fortune on yet another Tesla killer (YATK).
China Keeps A Tight Leash On Its Businesses To Avoid Scandals
China might be the world’s biggest polluter but perhaps no other country has done more to clean up its act and step up to its cleantech international stewardship in the past several years. But all of this comes at a price. Often times, it means reprehending its own businesses to avoid global scandals.
LeEco & Faraday Future Founder Jia Yueting Skips Out On Chinese Authorities
Things are not looking any better for electric vehicle (EV) maker Faraday Future (FF) now that its CEO and co-founder, also LeEco’s Founder, defied an order from Chinese authorities to come back and explain himself for his lack of financial performance. Jia Yueting was once portrayed as a rising Chinese star (and billionaire) potentially following in the footsteps of Elon Musk.
LeEco Looking To Sell 49-Acre Site In Silicon Valley… Less Than A Year After Buying…
LeEco, the primary backer of the electric vehicle startup Faraday Future, is now looking to sell the 49-acre property in Silicon Valley that it acquired from Yahoo less than a year ago. LeEco also unveiled the LeSEE last year in China and then in San Francisco — pictures of the LeSEE are throughout this article.
LeEco Begins Construction On $3 Billion Electric Car Factory In China
The Chinese tech giant LeEco has begun construction on its planned $3 billion electric car manufacturing facility in China, following a $1.44 billion investment from an unnamed source.
Billionaire Behind LeEco (& Faraday Future) Slashes His Pay To 1 Yuan Because Firm Is…
Following on our earlier report that Faraday Future was behind on the payment of a $21 million deposit to the construction firm AECOM, the billionaire behind the electric vehicle firm, as well as LeEco and reportedly now Atieva to some degree, has released a letter to employees at LeEco admitting that the tech giant was running out of cash because of rapid expansion.
LeEco LeSEE San Francisco Unveiling Provides New Details On Model
The Chinese electric vehicle startup LeEco recently held an unveiling event in San Francisco for its LeSEE sedan concept, leading to the divulgence of a couple of new details about the electric car.
Atieva’s Complicated EV History, Concept Image & Name (Atvus), & Unveiling Plans
Atieva is an interesting company. We’ve covered its various PR offerings related to its ridiculously fast electric test van Edna quite a lot — there’s just something about seeing a nondescript van smoke fancy sports cars in drag races that gets our attention. That said, it would be nice to see … [continued]
LeEco Shows Off Bold New EV Concept
Faraday Future spawned from the innovative spirit of Jia Yueting, who we quoted back in 2014 as saying, “This is our dream and passion…. Look at China’s skies. All responsible corporate citizens want to do something about it. This is the truth.” He truly is a man on a mission, as … [continued]
