Tag Archives: leeco
Founder of troubled LeEco refuses to return to China
The founder of LeEco has reportedly refused to return to China to answer questions about his company's perilous financial situation. Reuters believes that Jia Yueting, who was ordered to return to his homeland by China's Securities Regulatory Commiss...
LeEco founder ordered to return to China to answer debts
The Chinese tech giant LeEco might have once been dubbed the "Netflix of China," but that lofty acclaim has made its fall from grace all the more brutal. Now, the company's founder, Jia Yueting, has been ordered to return to China by the country's Se...
A new company is trying to revive the Skully AR helmet
Last year, Skully, the startup that crowdfunded its AR motorcycle helmet, shut down following many delays, mounting financial woes and an attempted sale to LeEco that didn't go through. But TechCrunch got its hands on an email that was sent to those...
LeEco is trying to crowdfund an electric scooter
Troubled would-be Chinese tech empire LeEco is looking to launch another product, but it needs you to crowdfund it first. A Kickstarter for their electric powered standup scooter will go live on August 28th, if you're willing to take the risk.
Faraday Future leases new California plant amidst financial uncertainty
After abandoning its plans to open a manufacturing plant in Las Vegas, electric car maker Faraday Future has found a new home. The company has signed a lease for a 1,000,000-square foot facility in Hanford, California, and more than 500 employees wer...
Lucid Motors is struggling to produce its luxury EV
While EVs might be making headlines left and right, producing them is not as easy -- or as much of a slam dunk -- as it might seem. Take the case of Lucid Motors, a struggling electric car startup. It faces a stark choice for its future: Build an exp...
Inside LeEco’s spectacular fall from grace
With additional reporting by Chris Ip and Richard Lai.
Behind the doors of the five-star Bohao Radegast Hotel in Beijing's central business district on Monday, troubled Chinese tech conglomerate LeEco held an extraordinary shareholder's meeting...
Vizio sues LeEco in the wake of their failed $2 billion deal
This time last year we heard the surprising Hollywood announcement that Chinese company LeEco would acquire Vizio in a deal worth $2 billion. Unfortunately, like so many of LeEco's recent plans, that arrangement never went through, with the two compa...
Faraday abandons its proposed $1 billion Nevada factory
It's starting to seem like Faraday Future is capable of just about anything that isn't related to the business side of being an automaker. The company's plans for a $1-billion Las Vegas production facility had been delayed before, but now the plant h...