'LG Batteries For Tesla-wannabe.cn(FaradayF)'
http://www.businesskorea.co.kr/english/news/industry/15884-battery-‘chinese-tesla’-lg-chem-supply-batteries-china’s-faraday-future Battery For ‘Chinese Tesla’ 20 September 2016 Cho Jin-young [image http://www.businesskorea.co.kr/sites/default/files/styles/large/public/field/image/lgchem_4.png?itok=fLwxCuuh (cgi) Image view of a manufacturing facility to be built by Friday Future in North Las Vegas, Nevada ] LG Chem to Supply Batteries for China’s Faraday Future Image view of a manufacturing facility to be built by Friday Future in North Las Vegas, Nevada SEOUL, KOREA According to battery industry sources on September 19, LG Chem, one of the world’s largest electric vehicle (EV) battery makers, has reportedly struck a large supply deal with Faraday Future, the EV business arm of Chinese internet firm LeEco. Faraday Future, which debuted earlier this year at the CES 2016 in Las Vegas, unveiled an EV prototype boasting a top speed of 320 kilometers per hour, emerging as a competitor for Tesla Motors, the world leader in electric cars. The company is headquartered in California but it is a firm invested by LeEco, one of the largest online video companies in China. The industry expects that LG Chem will supply lithium-ion batteries to power a mass-produced model of the LeSEE, an electric sedan released in April by LeEco. Faraday Future will reportedly manufacture the vehicle on behalf of LeEco. In this regard, an official from LG Chem said, “We cannot clarify our customer information of EV batteries.” LG Chem completed a EV manufacturing factory in Nanjng, China, in October last year, establishing the foothold to supply a large amount of batteries to China’s EV firms. The plant currently can roll out 50,000 EV units per year. The company now plans to expand the annual production capacity to 200,000 units by 2020. Faraday Future intended to construct a fully assembled car production plant in the U.S. earlier but failed to do so. Accordingly, the company is reportedly planning to build a new EV plant in Huzhou, Zhejiang Province of China. [© BusinessKorea Co] ... https://en.wikipedia.org/wiki/Huzhou Huzhou is a prefecture-level city in northern Zhejiang province, China ... https://electrek.co/2016/09/15/faraday-future-invested-6-million-in-its-ev-factory-nevada/ Faraday Future invested $6 million in its EV factory, Nevada is satisfied so far SEPTEMBER 15 2016 In order to convince Faraday Future to build its $1 billion electric vehicle factory in Nevada, the state gave the startup an incentive package worth $215 million in ... ... http://www.autocarpro.in/news-international/leeco-electric-car-project-secures-ususd-108-billion-funding-21837 LeEco's electric car project secures US$ 1.08 billion funding Sep 20, 2016 LeEco's electric car division, SEE Plan (Super Electric Ecosystem Plan) has completed its first round of funding of US$1.08 billion (Rs 7,240 crore). Commenting ... http://www.autocarpro.in/IMG/205/46205/leeco2018-699x380.jpg?1474372283 For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.0catch.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/New-LeEco-FaradayF-EV-plant-in-Huzhou-cn-NV-us-plant-progressing-slowly-tp4683807.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)