LeTV Says It Will Develop A Tesla-Competing Electric Car

AUG 31 2015 BY MARK KANE 31

Le Car

Le Car

According to FastCompany.com, LeTV, a Chinese counterpart of Netflix, intends to develop and bring to market a Tesla Model S competitor.

For now, we spot just few renders without any details, but LeTV apparently has hired 600 people (including 200 in US) so this isn’t another vaporware thought project.

LeTV is a major streaming service in the country led by billionaire founder and CEO Jia Yueting. Beside TVs, they are engaged in smartphones and now it seems that there has arisen the idea to do electric cars.

According to the article, Jia Yueting put $1.2 billion in the project of Le Car (or Le Supercar). Debut is scheduled for the 2016 Beijing Auto Show in April, while production could begin in early 2017.

“The Le Supercar project, along with all of Letv’s electric vehicle endeavors, is being led by Tony Nie, a former founding member of Lotus China team, who was the first person hired on the project a little over a year ago. (Notably, the original Tesla Roadster was built on a Lotus frame.) He’s spent the last year staffing up, hiring 600 people to develop the car—400 in China, and 200 in the U.S.—including talent poached from Tesla, BMW, and GM.”

Le Car will be equipped with in-house developed electric motor, inverter and battery pack. Interesting is that Le Car in some way will be a TV on wheels:

“He says it will feature a minimum of mechanical components, thanks largely to the car’s operating system, which will serve as the car’s primary interface. It’s a revision on the Android-based OS that Letv has been using on its televisions and phones—products that Nie sees, not as discrete electronics, but as portals to Letv’s core product: Content.”

“We believe when you put the big screen and the service with the apps into the electric vehicle, you can use this as a portal as well, and reach the customer,” Nie says. “That’s a main reason we want to develop this electric vehicle.”

Source: fastcodesign.com

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31 Comments on "LeTV Says It Will Develop A Tesla-Competing Electric Car"

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RexxSee

The more the merrier.
Tesla will sell a lot of EVs while stimulating all the other companies to do so.

Jim_NJ

If I had one share of Tesla stock for every claim to produce a car to compete with Tesla, minus one share for every such car that has actually been produced, I could have a really nice vacation. 🙂

Brian

No, you could buy a nice vacation HOUSE. Maybe something in the 2-3 million range?

Jim_NJ

I should have clarified: I could have a really nice PERMANENT vacation. 😉

Apparently, if Tesla can do it, everyone and their mother thinks they can make a vehicle that has the same range as a Tesla these days.

philip d

The thing is they can. I just will cost $500,000 to hand build it in very small volume.

philip d

It just..

Mike777

Yeah, like the CMax.

Nonda Trimis

I assume this is yet another dig at the Ford Focus Electric since the CMax plug in is a hybrid.

Speculawyer

Maybe they should add some windows.

Mikael

Didn’t you read the article? They are going android. 😉

ffbj
mr. M

They will insert whatever content you like

CDAVIS

LeTV Tony Nie said (from fastcodesign.com interview):

“…If we talked about this four to five years ago, I’d have no confidence to do this, But [as of] this year and last year, I think the technology is getting mature. And more companies are getting into this area. So I think it’s time to join this industry to develop something different..”

translated….

“Tesla has been making electric cars for four to five years and they have proven it to be possible. So that gives us confidence to copy what Tesla is doing and find ways to make our electric car seem somehow unique without having to actually innovate anything ourselves…”

MikeM

“Tesla has been making electric cars for four to five years and they have proven it to be possible. So that gives us confidence to copy what Tesla is doing and find ways to make our electric car seem somehow unique without having to actually innovate anything ourselves…”

Anyway, how hard can it be?

p.s. Pushing advertising to our customers through the console screen seems super cool to us!

CDAVIS

p.s.s. We have done away with traditional car side windows because we don’t want the driver to be unnecessarily distracted away from our superior infotainment screen which will be imbedded across the entire front windshield.

Anon

It would be AWESOME if ANYONE made a BEV that was any kind of direct competition for Tesla.

So far, it’s all been just talk… 🙁

It’s long past time to see some tangible product, people! Hurry it up!!!!

I’d rather hear more automakers say they are going to make a competitor to the upcoming Bolt. Last thing I need is another $100K car.

mr. M

+1

And it will be north of 150k

Anon

The (very likely) limited production of the Bolt puts it into “Compliance Appliance” territory…

Still looking for a BEV with Tesla Specs that will be produced and sold globally in numbers over 30,000 a year.

The Bolt will be sold nationwide in the US. Not a compliance car. If it was, it would be sold like Toyota’s PiP.

Aaron

LeTV: The world doesn’t need another Tesla competitor. We need another Bolt competitor. Get a 200 mile range EV at under $35K and you’ll do well.

LOL.. comments crossed.

Anon

Long Range EV’s without DCFC capability and infrastructure equal to the Tesla SuperChargers, will likely lead a painful ownership experience.

GM needs to make the Bolt Tesla SC Compatible. Do they have the balls to do it, and not just build a small number of Compliance Appliances just for ZEV credits?

Steven

It’s not just a matter of compatibility, you could build something that is physically and electronically “compatible”, but it also has to be recognized and “approved of” by the system.

For that, you’ll need billing agreements between Tesla and any other participants in the system.

PVH

Indeed…so true.

Koenigsegg

I just dont see Tesla ever having competition

goodbyegascar

“This isn’t another vaporware project….production could begin in early 2017.”

Whatever.

Subspace

What’s with all the negative comments in here? There’s a company willing to invest the money it takes to develop an electric car. They may or may not succeed, bit one would think such an undertaking would be welcomed on a site dedicated to EVs.

MikeM

I’d normally be inclined to agree with you. And they do seem to be staffing up with some EV heavyweights. But it’s quotes like this (note the last sentence) that set off the alarm bells for me:

“We believe when you put the big screen and the service with the apps into the electric vehicle, you can use this as a portal as well, and reach the customer,” Nie says. “That’s a main reason we want to develop this electric vehicle.”

What could possibly go wrong?

Foo

Wasn’t there already a Le Car in the 80s?