September 21, 2016

China’s LeEco Raises $1.08B to Build Its Electric Sports Car

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The Chinese market for electric vehicles is as hot as the US market, and the latest indicator is a $1.08 billion raise from China’s LeEco, a Beijing-based web video company that’s targeting Tesla with its own electric sports car plans. LeEco’s big raise should help it accelerate its EV plans, which so far include the LeSEE, a concept sedan design intended to be completely autonomous

Lesee you, leraise you.

Topics: Innovation, Vertical - Automotive, Vertical - Consumer Electronics, Branding

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