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Earlier this month we reported that construction of startup electric carmaker Faraday Future’s $1 billion Nevada factory was halted due to financial problems, but it now looks like $600 million in funding for its parent LeEco could get the project up and running. A report from Reuters said that the money is for supporting Faraday’s […]

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Faraday Future will be revealing its first pre-production electric car at the Consumer Electronics Show (CES) in Las Vegas this January. News of the upcoming production car reveal came by way of a brand launch event in San Francisco by financial backer LeEco. It was also confirmed in Faraday Future Twitter post from yesterday. Faraday’s […]

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Chinese technology company LeEco’s planned U.S. introduction of its LeSee Pro self-driving car in San Francisco yesterday didn’t go exactly as intended. Instead of the car making its way down a long runway through a cloud, LeEco founder, Chinese billionaire Jia Yueting, came running through the mist and told the gathered media throng his LeSee […]

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LeEco is still seeking approval by the Chinese government to manufacture its LeSee electric cars. Several Chinese media sources, including ChinaDaily, had reported LeEco most likely did not have the required permissions to build its factory. A LeEco spokesperson has confirmed to media that the startup automaker doesn’t yet have the license required by the […]

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The Chinese tech firm that has been investing heavily in the secretive U.S.-based Faraday Future now has an autonomous electric car of its own. LeEco has just debuted what it calls LeSee, a concept full of previously unseen technology and a number of autonomous abilities. The company calls it “the world’s first self-evolving car,” and […]

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