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Letv's first SUV was finally exposed, and Jia Yueting secretly built the model.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)10/20 Report--

At the end of 2014, two new forces of Internet car making in China were set up at the same time. One was founded by Li Bin and other Internet companies and entrepreneurs. So far, two mass production models have been launched, with a total delivery of more than 23000 models. Lulai Motor is also listed on the New York Stock Exchange in the United States. The other is the Letv supercar, dominated by Jia Yueting, which attracted a lot of attention because of Jia Yueting's feelings of building cars, drew cakes everywhere, and was gradually forgotten and shut down after Jia Yueting left FF in the United States.

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Letv LeSEE concept car was unveiled in April 2016 under the auspices of Jia Yueting, and then the planned car-building project with an investment of 20 billion yuan will be settled at Mogan Mountain in Deqing County, Huzhou, Zhejiang Province. in addition, Letv has made almost no progress in its domestic project, which is worthy of the name PPT. However, maybe Jia Yueting secretly built a Letv SUV, but there was something wrong with Letv's car before it was unveiled and put into production. In the end, this car has not been released yet, and few people know about it.

A batch of Letv cars were found in an underground parking garage near Sanlitun in Beijing, according to a Weibo netizen "Huang Lei _ LSJ" today, adding, "they should have been made by Letv before Liang, but now they are all cultural relics."

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It can be seen that this batch of SUV models hanging Letv Logo have not been publicly unveiled before, and the relevant information has not been found on the Internet. Their bodies are covered with dust, and there is no doubt that these models have been parked here for quite some time. There are also several camouflaged test cars, one of which has completely flat rear tires.

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The network also learned that Letv applied for a patent for a model in 2017. As can be seen from the patent map, it is Letv SUV exposed by netizens today.

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Therefore, it can be inferred that Letv Automobile once had a substantial vehicle plan, but it was not completely PPT. Now the project has been forced to shut down because of capital, company operation and other problems. It is also unknown when it will be restarted. Perhaps it is waiting for that man to return home.

It has not been updated for more than two years since I opened the official Weibo of Letv supercar LeSEE. At the end of 2014, Jia Yueting announced Letv's "SEE plan" to build a super car and a vertically integrated Internet intelligent transportation ecosystem and lifestyle. According to the official introduction, Letv supercar makes China's auto industry bend to subvert the traditional giants of Europe, America, Japan and South Korea, and effectively solve urban haze and traffic congestion. Among them, the problems of haze and traffic congestion have become one of the unavoidable disadvantages in the process of rapid urbanization. Compared with traditional fossil fuel vehicles, electric vehicles have high hopes for almost zero emissions.

After the establishment of Letv Automobile has attracted many industry senior leaders to join, and won the investment of many investors and Internet enterprises, so that people look forward to the birth of Letv Automobile, but the process is also full of doubts.

Letv supercar LeSEE, which locates a D-class Internet unmanned electric vehicle, unveiled its first concept car on April 20, 2016. "when I saw this car, I wanted to cry and burst into tears," Jia Yueting said at the press conference. "few people understand the ups and downs, storms and even tribulations we have experienced. Although it is not yet a mass production car, we promise that the day of mass production will not be too far away.

In December 2016, the Letv Super Automobile Factory project was officially launched in Mogan Mountain High-tech Industrial Development Zone, Deqing County, Huzhou City, Zhejiang Province, with a total investment of 20 billion yuan.

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With the outbreak of the Letv system financial crisis, Jia Yueting left the United States, Letv automobile progress is slow and almost stagnant. At this time, Jia Yueting focused on another car-building project, Faraday Future (Faraday Future). Due to capital chain problems, FF 91 has not yet achieved mass production.

From the release of FF 91 in early 2017 to the secret investment of Evergrande Xu Jiayin at the end of 2017, Jia Yueting seemed to be out of a shortage of funds, and it was not until June 2018 that the two sides officially announced a cooperation, and Evergrande became the largest shareholder of FF. However, with the outbreak of conflicts between the two sides, the struggle for capital and control, from the initial pleasant cooperation to the arbitration tribunal, and finally in 2019, the two sides announced the end of all cooperation, Evergrande also left FF.

Jia Yueting did not give up, focusing on the mass production plan of FF 91, but also announced bankruptcy restructuring to repay personal debts. On October 14, 2019, FF officially announced that in order to thoroughly solve the personal domestic debt problem, Mr. Jia Yueting had applied for personal bankruptcy reorganization in the United States, and established a creditor trust controlled and managed by the creditor committee and the trust trustee. Upon completion of the plan, Mr. Jia Yueting will transfer all his equity in Smart King Limited (Faraday Future Global holding Company) to the creditor trust fund. To better protect the interests of creditors and repay debts. This also means that creditors will get all Jia Yueting's assets and their income rights in advance.

FF also said that Mr. Jia Yueting's personal debt problem is expected to be solved here, which will be a major benefit for FF to complete its equity financing and IPO goals as soon as possible, and the Sino-US dual home strategy implemented by FF will also be better implemented and promoted.

Jia Yueting, known as the "Lao Lai", seems to be regaining his reputation, and the car-building project is also serious, but whether FF can be mass produced and whether Letv's cars can be restarted are all big question marks. Whether Jia Yueting is finally successful or not, the "Letv SUV" discovered by netizens is one of the few memorable products of Letv's car.

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