Gasgoo (Shanghai, September 21th)-Yesterday, Jia Yueting, CEO of LETV Holding, announced that LETV accomplished its USD 1.08b financing and revealed LeSEE’s first-round financing list, including Yingda Capital, Shenzhen Capital Group Co., LTD, Legend Holdings, China Minsheng Trust, Macrolink Group and Hongzhao Fund.
In fact, LETV has received financing funds from many giants during its history of development, including domestic auto giants such as BAIC, GAC and foreign auto companies Faraday Future, Aston Martin. It also became the second biggest shareholder of Atieva in 2014.
Concerning LETV’s producing cars, many doubts appeared in the industry, represented by BYD’s President Wang Chuanfu and Geely’s Chairman Li Shufu. Wang once said that Internet car is only a concept. Li also said that some Internet companies’ aim in producing cars is to attract capital market’s attention. But LETV refuted Li that, traditional auto companies cannot stop history’s step. But in fact, no one can give the answer that which company will catch the future’s ride.
Compared with this, the public concerns more about when LeSee will launch mass-production car. Some days ago, news came that LETV would build factory in Mogan Mountain, Zhejiang Province, but till now, there is still no accurate report coming out.
