Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
LeEco to invest in e-car plant
Print Edition
CHINA’S Le Holdings Co Ltd, also known as LeEco, said yesterday it would invest 12 billion yuan (US$1.8 billion) to build an electric car plant in Hangzhou with eventual annual production capacity of 400,000 cars.
The company said in a statement that its first China factory would be built in two phases in Deqing county near Hangzhou.
Non-automakers and start-ups have rushed to begin making electric vehicles and hybrid vehicles as China liberalizes the industry to promote a switch to electricity as an ultimate replacement for petrol to fuel cars.
LeEco’s plant will be part of a larger project to build an “Eco Experience Park” that will cost 20 billion yuan that will also include an entertainment park, facilities for Internet-connected electric cars and offices, the statement said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
