Jia Yueting, co-founder and head of LeEco, unveils its electric concept car, the LeSee, at a ceremony in Beijing in April. Photo: Reuters
Jia Yueting, co-founder and head of LeEco, unveils its electric concept car, the LeSee, at a ceremony in Beijing in April. Photo: Reuters
LeEco
Business

LeEco raises $1.08b in funding for electric car hoping to compete with Tesla

Chief executive Jia Yueting claims funding is largest ever in automotive industry

Zen SooCeline GeHe Huifeng
Zen Soo Celine Ge and He Huifeng

Updated: 9:19am, 21 Sep, 2016

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Jia Yueting, co-founder and head of LeEco, unveils its electric concept car, the LeSee, at a ceremony in Beijing in April. Photo: Reuters
Jia Yueting, co-founder and head of LeEco, unveils its electric concept car, the LeSee, at a ceremony in Beijing in April. Photo: Reuters
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