Internet firm Leshi to build eco-friendly electric cars for sale in China
December 15, 2014 Category Automotive, Weekly
Leshi Internet Information and Technology (Beijing), a Beijing-based internet and mobile-video company, has said it will build electric cars for sale in China to support the fight against smog and congestion. Calling it the “Super Electric Eco-System” project, Leshi has spent the past year independently researching and developing technology for the cars, Chairman and President Jia Yueting said. China is lagging behind its own target for putting eco-friendly cars on the road even as the government offers billions of dollars in subsidies and pledges to build charging stations for the public. The government plans to give out licenses to allow new manufacturers to produce electric vehicles, as part of broader plans to cut reliance on fuel imports, ease air pollution and become a technology leader in the auto industry. The National Development and Reform Commission (NDRC) said last month that companies should have more than three years of product research and development (R&D) experience before applying for the licenses. They should also have the capability for vehicle design and have at least 15 sample electric vehicles that meet national technical standards.
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