10 August afternoon message, Letv announced today that will invest nearly 20 billion, in zhejiang huzhou economic development zone of moganshan deqing town in ecological construction of super car factories and cars. In accordance with the Letv plan, the first stage of planning land of 4300 mu, plan annual output of 400000 sets of vehicle, the first phase of the annual output of 200000 vehicles. 

This super car plant start-up project was held in the great hall of the people in zhejiang province. At the government level, vice secretary of zhejiang provincial party committee, acting governor CheJun, executive vice governor Yuan Gujun attended. Letv, except Jia Yueting attend Letv co-founder and vice chairman liu hong and Letv super cars in China, President and COO hai-liang zhang to attend the meeting. While Letv supercar co-founder, China and Asia Pacific CEO ding did not show up. 
In fact, le apparent layout has a long history in the field of automobile. Announced in December 2014, Jia Yueting Letv "SEE plan", will focus on auto electric, intelligent, Internet, build the super cars and electric car Internet ecosystem. This year on April 20, Letv LeSEE concept car officially unveiled. Jia Yueting foreign said the owners play smart + connected concept, which can realize the automatic driving, self learning, recognition and face recognition, emotion and environment recognition and path recognition, and other functions. 
In addition, have made investment in electric car start-up Letv Faraday (Faraday Future), and reached a strategic cooperation with them. Under the full support of the Letv, Faraday has promised $1 billion in Nevada to build 300 square feet of factory. In February, Letv with aston Martin in Germany has established the electric car joint venture cooperation signed a memorandum of understanding, the two sides will work together intelligent electric car research and development and production of a series of the Internet.