LeTV invests $20 billion to build a super car factory and eco-village

On August 10th, LeTV announced that it had reached a series of strategic cooperation agreements with the Zhejiang Provincial Government including Leshi Super Car Domestic Manufacturing Base, Auto Ecological Experience Park, Smart Auto Industry Fund and Internet Finance.
At the same time, the two parties also announced that the Leshi Super Car Ecological Experience Park, which covers the advanced manufacturing, ecological display and tourism experience of smart Internet electric vehicles, officially settled in Moganshan High-tech Industrial Development Zone, Deqing County, Zhejiang Province with a total investment of nearly 20 billion yuan. According to the project plan, the first phase of the Leshi Super-Eco Ecological Experience Park plans to use about 4,300 mu of land and plans to produce 400,000 units of complete vehicles annually. After completion, the experience park will form a global automobile manufacturing base and themed amusement tourism destination featuring LeSport's advanced manufacturing and tourism experience, integrating LeTV Sports, LeTV's music and film and television ecology elements.

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