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Five million, ¥5 billion and ¥30 billion: wild wild east

Annual output capacity of 5 million vehicles, a loss of ¥5 billion and an ambitious target to finance ¥30 billion by the end of 2019. Those were the memorable numbers this week involving three Chinese smart EV startups as they continue to defy industry logic and completely turn the industry upside

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Chinese electric vehicle makers swarm into California, chasing Tesla

  Michael J. Dunne Faraday Future is leading the charge of Chinese electric vehicle firms into California. How big, how fast, how dangerous? Five highly ambitious Chinese automakers are building stealthy, strategic bases in California. Their objective: Hunt down technology and talented engineers to produce the world's most advanced electric

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Tesla’s close competitor emerges

LAS VEGAS – The LeTV Super Car or LeSEE, the first concept car made by LeEco, will be unveiled at the upcoming Beijing International Automotive Exhibition (Auto China 2016) on April 25. A quick overview of LeEco’s steady milestones in developing the LeSEE based on the ecology chain of different

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CES 2016: the race is on to redefine personal mobility

The automotive world converged in Las Vegas in early January for the annual CES (Consumer Electronics Show), which stole the spotlights from the North American International Automobile Show (NAIAS) opened on January 11 in Detroit. Nine automakers, 10 global tier-1 suppliers and more than 115 automotive tech companies took up

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LeTV to independently develop key EV battery components

BEIJING – LeTV is independently developing key EV battery components including electric motor, electric control, battery module and battery management system as well as systems integration for its upcoming Super Car, according to Fu Zhenxing, vice president of LeTV Super Car in charge of R&D. Fu made the comments at

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