Apr 28, 2016

China’s Jia Yueting intends to outmuscle Musk — Taking on Tesla

Posted by in categories: electronics, mobile phones, sustainability, transportation

LeEco is known as the “Netflix of China” due to its very popular video streaming service, but the conglomerate also has interests in a much wider range of sectors including smartphones, TVs and electric vehicles.

Ding Lei, LeEco’s auto chief and a former top official at General Motors’ China venture with SAIC Motor, says part of LeEco’s advantage in tomorrow’s auto industry is that it carries no baggage from today’s.

This, the man said, is the future of cars, and the Chinese consumer electronics company LeEco is going to make that future a reality.

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