Can China’s Self-Driving Cars Prove To Be More Efficient Than Tesla’s?

First Posted: Apr 29, 2016 06:10 AM EDT

Chinese entrepreneur Jia Yueting has this vision, who also claims that their country's expertise will be able to re-engineer the car manufacturing industry. This means taking over some giants like the Tesla Motors, the US-based company that develops premium electric vehicle or EV.

According to reports, Jia's  Le Holdings Co, or LeEco is also going to sell TV shows, movies, music and other services, and not only into building cars. As stated by Jia at their Beijing headquarters, they view the car as a smart mobile gadget on four wheels, which is almost the same to a tablet or a cell phone. With people questioning their concept, being a small IT company manufacturing a car that can compete with the giant companies like Tesla and BMW, Jia noted that while it was not easy, they were able to have come this far.

A surge of EV startups has surfaced in China following the government's opening up of the car industry to the tech companies to encourage a shift to a cleaner electric technology as an alternative to gasoline cars. However, the skeptics have doubts about how the startups such as LeECo can deliver the company's grand visions.   

As a response, LeSEE, an electric concept supercar was launched last week, making it a new competitor to the Model S of Tesla. This self-driving car is set to be displayed at the Beijing auto show slated this week. Moreover, LeEco is also planning to begin the production of a LeSEE version in a few years at the company's plant near Las Vegas, which will be sold in China and the US. Furthermore, the company also aims at manufacturing electric cars in China by partnering with BAIC Motor.

According to reports, these web-connected electric cars are going to have a pricing model which is the same with the products that LeEco offers in China.

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