Tag Archives: auto theme park

No License… LeEco has Yet to Obtain Permit to Produce Electric Cars In China

Last week LeEco announced a $3 billion investment to build an Auto theme Park & factory. But several state media, including ChinaDaily, expressed doubts whether LeEco had the required permissions to build a factory, let alone to build electric cars. These doubts have now been confirmed. LeEco does not have the required license of the Chinese government to manufacture electric cars. A spokesperson

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LeEco to Build $3 Billion Auto Theme Park in China

Auto theme park includes a plant with production capacity of 400,000 electric vehicles annually SHANGHAI—LeEco plans to invest 12 billion yuan ($1.8 billion) to build a plant in China to produce smart, internet-connected electric cars. The facility is part of a $3 billion auto theme park which will also include entertainment facilities featuring auto-related elements. All vehicles in the park will be

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