The “SEE” plan for automobiles was launched.

After LeTV announced the SEE plan, it started fundraising. According to public information, the gold players participating in this round of financing include Yingda Capital, Legend Holdings, Minsheng Trust, etc. under the State Grid. The scale of this round of financing has also reached 1.08 billion US dollars.

In addition to capital, the line-up of LeEco’s startup team also has a bright resume. According to foreign media reports, the core team of LeTV Auto at that time included engineers and designers from major automobile companies.

FF startup team lineup

The official debut of Faraday Future’s first car, FF91, pushed Jia Yueting’s car-making story to a climax. In January 2017, FF91 was officially unveiled in Las Vegas, and its 0-60 mph acceleration was only 2.39 seconds, and the total capacity of the battery pack exceeded 130KWh. Under the EPA (US Environmental Protection Agency) , the maximum cruising range is 378 miles, about 608 kilometers, if according to NEDC (European fuel consumption and emission assessment standards) , its battery life will exceed 700 kilometers.

In terms of intelligent driving system, the self-developed system ecoLink equipped with FF91 can achieve seamless interconnection and is a proper smart car.

Therefore, in the two core technologies of new energy vehicles-power system and intelligence, the FF at that time had strong strength.

Unfortunately, with the collapse of LeTV, the collapse of the seven major ecology, FF’s financing plan has been shelved several times, the first model has not yet completed mass production plans. According to Tencent Financial Report, some investors once issued FF financing terms valued at 2 billion US dollars, but Jia Yueting was undervalued