Overview LeSEE, also known as LeEco Auto or LeTV Super Car, was an electric vehicle (EV) company under the Chinese technology conglomerate LeEco. The company aimed to develop intelligent, internet-connected electric vehicles. The last CEO of LeSEE was Zhang Hailiang.
History & Development
Initial Announcement & Vision
On December 9, 2014, Jia Yueting, the chairman of LeTV Holdings, officially announced that LeTV would enter the smart car industry. The company planned to focus on electrification, artificial intelligence (AI), and internet connectivity in vehicle design and development.
Key Leadership & Expansion
In September 2015, Ding Lei, a former SAIC Motor Group vice president and general manager of Shanghai General Motors Co., Ltd., joined LeTV Group. He took on multiple leadership roles, including:
- Co-founder of LeTV Super Cars
- Global Vice Chairman
- CEO of China and Asia Pacific
His appointment was aimed at accelerating LeTV’s presence in the EV market and driving innovation in the sector.
Brand Launch & Product Development
On April 14, 2016, LeTV officially announced its super car brand, LeSEE. The brand was marketed as an ambitious project that would compete with established EV manufacturers like Tesla.
Leadership Changes & Decline
On March 20, 2017, Ding Lei resigned from his executive roles at LeTV Super Auto, citing personal health reasons. Despite stepping down as Global Vice Chairman and CEO of China and Asia Pacific, he remained a strategic advisor for the LeTV Ecological Research Institute.
Following leadership changes and financial difficulties within LeEco, LeSEE struggled to sustain its ambitious projects, leading to the company’s decline.
Conclusion
LeSEE was an ambitious project under LeEco that aimed to disrupt the EV industry with smart, internet-connected vehicles. However, financial struggles and leadership changes hindered its progress, ultimately leading to the brand’s stagnation.