Recently, Xinhualian Group invested 50 million US dollars in strategic investment in LeTV, the two sides signed an agreement in Beijing Leshi Building. Xin Hua Lian is participating in the first round of financing of LeTV, and is the first official financing announced.
As for LeTV’s financing, it’s like this. LeSco has always built a high profile for LeTV’s ecology, but it is very low-key for financing information. The first wave of financing rumors began in April this year, but the news was denied by LeTV. Then in June, it was reported that Legend Holdings had participated in the first round of investment in LeTV Supercar. The scale of investment was more than RMB 100 million. LeTV did not respond positively. In July Jia Yueting visited the United States in July to “supervise†the automobile business a week later and broke news, confirming that not only Legend Holdings, but also state-owned enterprises, brokers, and large financial institutions, among which the central enterprises that participated in the first round of financing of LeTV Supercars were still long ago. Companies in the field of new energy and electric vehicles.
However, there is no official news of the above news. This time, Xinhua Union is the first company to confirm investment in LeSEE. However, Jia Yueting’s generous investment in the brighter hands of LeSEE is far from being balanced by several financing companies. Although many people are not unfamiliar with LeSEE, Lei Fengnet (searching for “Lei Feng Net†public concern) is still trying to sort out what LeTV is publicizing about LeTV. All the movements, after reading this table, perhaps its movements are clear.
Time Events 2014/7 BAIC expressed its willingness to produce LeTV as OEM and met with Jia Yueting in Silicon Valley. Then LeTV and BAIC invested in Atieva, a high-tech pure electric vehicle design company located in Silicon Valley in the United States. A set of research techniques. 2014/8 Jia Yueting traveled to Stuttgart, Germany's famous automobile city. He Yi, former deputy editor-in-chief of Sohu and general manager of the automotive division, joined LeTV in the same month. 2014/12Jia Yueting Weibo confirmed that LeTV will launch a super car, and LeTV confirmed that it has established a super car R&D team in the United States;
Announced its entry into the automotive e-commerce business.
2015/1The official development conference announced the progress of supercars: The global technical team has reached more than 260 people, completely independent intellectual property rights, double performance at the same time to challenge the existing price system, the price is directly cut off only 1/3;
Released LeTV's first car smart operating system: LeUI system Auto Lite version;
One week after the conference, LeTV passed a secret negotiation with Nvidia and Broadcom. It is very likely that the Supercar will use the latter's newly developed car chip.
2015/2 LeTV’s Silicon Valley office was exposed. Lv Zhengyu, general manager of the Infiniti China and Asia Pacific region, went to the United States. 2015/4Jia Yueting said at the press conference "Breaking the Eco-Border of the Boundary" that the LeTV Supercar project has been progressing for more than a year, and that nearly half of the people in the smart car sector have joined the Silicon Valley company of LeTV.
At the Shanghai International Auto Show, LeTV released the Internet Smart Concept Car in cooperation with BAIC. The name of the car is not LeTV Super Car. Aston Martin also announced that it will formally cooperate with LeTV, including the development of human-computer interaction concepts in the future. Application on the Martin Martin model;
Gao Jingshen, who was responsible for manufacturing at GAC Toyota, announced that he will join LeTV. He will be the vice president of LeTV Super Car Company and the former FAW-Volkswagen production director Frank Sterzer will join the LeTV Supercar team responsible for super car manufacturing and related business.
2015/8LeTV products are released to confirm that the automobile is an important part of the hardware in the ecosystem;
Officially announced the concept map of the super car.
2015/9The former Deputy General Manager of SAIC, Ding Lei, joined LeTV as the "Second Venture" and was the co-founder of Super Car;
LeTV announced its strategic investment in Beijing Electric Technology Co., Ltd., officially announced the charging service system strategy.
2015/10LeTV announced that it will get a 70% stake in Easy Access. Ding Lei revealed that LeTV's global R&D team has more than 700 people and North America has more than 400 people. It is about to enter the production stage.
The first car Mule Car R&D has been completed and will soon enter the production stage;
Announced that Super Cars is cooperating with the first camp OEM OEMs both at home and abroad. LeTV Automotive is an independent research and development new energy vehicle, and it will cooperate with Aston Martin to transform the traditional car brain.
2015/11 BAIC and LeTV released the first version of the electric car, the EU260, equipped with ecoLink, a LeTV product, which sells for RMB 249,900. It will be LeTV's eco-friendly product for the first time. 2016/1 Jia Yueting acknowledged that he had personally invested in Faraday Futur (Faraday Future), an emerging American electric vehicle company. The FF zero1, a super concept car jointly built with LeTV, was made public for the first time. 2016/2Aston Martin and LeTV signed a memorandum of joint venture of electric vehicle joint ventures with Aston Martin GmbH in Frankfurt, with a stock ratio of 50:50. The joint venture will be committed to research and development of intelligent electric vehicles;
LeTV will launch a joint development model with Aston Martin in 2017. It will be limited to 3000-4000 units worldwide. Aston Martin will provide technology. Letv and Faraday Future will provide powertrains and vehicles for future electric vehicles. Networking technology will also use e-commerce platforms to help boost Aston Martin’s sales.
2016/3Ni Kai, the original owner of Baidu unmanned driving, joined LeTV. At the same time, it introduced two vehicle rear-mounted products: the driving recorder and the light vehicle.
LeTV officially signed an ecolink cooperation agreement with BAIC, BYD, and Dongfeng. Beiqi EU260 and Dongfeng AX3 are equipped with the LeTV linkage system.
Shenzhen Hangsheng Electronics, Huizhou Huayang General Motors, and Huizhou Desai Xiwei Three domestic mainstream car manufacturers also signed strategic cooperation agreements with LeTV;
LeTV and LeTV jointly launched Le Cheyun, a brand-new eco-type TSP (vehicle information service provider) service platform. As the support of Leshi's ecology, Levision Cloud is the first to open the industry chain.
2016/4LeSEE's first concept car was unveiled and positioned as a D-class electric vehicle. The car combines Levision's latest autopilot technology, smart Internet technology, car sharing technology and LeTV's ecological content.
Together with LeEco, FF established the "FF & Le Future" Artificial Intelligence Institute.
2016/5 LeSports Automotive has officially released a new upgraded version of its electric vehicle time-sharing leasing platform, ZeroPay, in Jingyuan, Beijing, and launched its eco-car sharing travel ecosystem based on internet technology and ecological operation. 2016/6 LeTV United Guangzhou Automobile Group and Zhongcheng Insurance established a joint venture Dasheng Technology Co., Ltd. to create an “eco-car e-commerceâ€. 2016/7 LeTV was caught in the first round of financing storm and it was reported that minority equity investments such as Legend Holdings and Qilu Securities were confirmed. Others were scheduled to be completed by the end of July. 2016/8 invested 20 billion yuan to establish an automobile factory in the Moganshan National Economic Development Zone in Zhejiang Province, covering an area of ​​4300 acres, with an annual output of 400,000 units, and 200,000 units in the first phase. The compact model will be the main model, mainly for the Chinese market. Planned to be launched in 2018, it will occupy a market share with a low price strategy.Judging from this detailed list of LeTV car information, leaving aside ecological construction, there is still one thing left in LeTV's very mysterious car: Is it really a PPT constructor ? This very much affects the investor's attitude.
Its positioning has changed from building an Internet electric car to a fully automated driving car. At the end of 2014, Leighter Car He Yi introduced that the current four major components of the team are: traditional automobile manufacturing, electric vehicle manufacturing, Internet applications, and smart hardware. Since then, LeTV’s news has also failed to autopilot and artificial intelligence. mention. Until the addition of Ni Kai in March this year, LeTV was the title of a self-driving car. After only one month of driving, the unmanned concept car was immediately available. It is hard to avoid doubts, but the breakthrough is in the Faraday Future (hereinafter referred to as FF).
In Silicon Valley, LeTV has been setting up its own R&D team. Various facts have proven that this team is the FF formed by Jia Yueting in his personal name. So the process of watching LeTV can't just look at LeSEE. Its technology provider is actually the FF team. The landing of FF's products can also mean the landing of LeSEE.
In January of this year, FF had applied for testing of driverless car licenses for related matters. After that, the company applied for three test licenses. In June, it confirmed that the license was approved. In August, the media exposed a sensor full of sensors around the body. The Lincoln MKZ test car is actually a road test for the FF autopilot system. Therefore, as long as the capital chain continues, LeTV will not really be a gimmick in the future.
Let's talk about some of the most time-consuming and labor-intensive difficulties in autopilot, such as algorithms and data. Once the autopilot system and the underlying technology are developed in Silicon Valley, Levision’s domestic road surface inspection data can be achieved through easy access and on-board hardware acceleration. , Incorporating LeTV Vehicle Alliance also allows V2V and V2X to assist in automatic driving. Other ecological layouts such as charging piles, clouds, manufacturing, sales channels, and post-marketplaces naturally lead the way ahead, so it depends on whether the funds can support the past few years. When LeSEE can be tested on the road, it cannot be said. How many years of "years" is not too optimistic.
As for the financing of LeTV, it is currently open only, but from the perspective of the investment of LeTV in the United States and China, financing is a difficult and necessary issue for LeTV. Although it is hard to balance with its input ratio, it is better to be happy to see other ecosystems still stand together. Aside from the capital, people seem to have forgotten that LeTV itself is only a video site. The ecological value of the Internet it creates is unique in this era. Therefore, it is confident that they can survive the financing difficulties and withstand criticism and trials.
