LeEco To Build $2 Billion Dollar Factory In China, Output Of 400,000 Units Annually

Chinese technology corporation LeEco (sister company to Faraday Future) has announced that it will invest 12 billion yuan – approximately $2 billion USD, into an electric car factory in China. Once complete (by 2018), the factory will be capable of churning out 400,000 vehicles per year – namely the LeSee autonomous… …read more