Jump to content
Sign in to follow this  
dfelt

Le Supercar to battle Tesla, Financed by Chinese Billionaire!

Recommended Posts

G. David Felt
Staff Writer Alternative Energy - www.CheersandGears.com

 

Le Supercar to battle Tesla, Financed by Chinese Billionaire!

 

post-12-0-36116900-1442414161_thumb.jpg

 

Seems Frankfurt auto show is on an EV roll out as multiple companies show off their auto's and some especially interesting designs come from the electric auto segment. Thunder Power showed off their near production ready 4 door sedan and EV Racer car a cross between Speed racer and Fanboy racer game crowd.

 

Now we have LeTV Billionaire announcing that he has hired 600 individuals from Tesla, BMW iCar, and GM's Volt groups to create from scratch an all new EV auto that will top what Tesla and others have shown to date. 200 if the folks work in the US with the other 400 in China. The Le Supercar production version will be introduced to the world at the 2016 Beijing auto show.

 

He sees a completely connected auto that can have media streamed to it increasing profits to his LeTV corporation from around the world. Seems the EV auto is about to go main stream in the next few years.

 

post-12-0-13729000-1442414420_thumb.jpg

 

Big question is does this mean Karma is a bit late to the game or can it still survive with all the new auto startups?

Bigger question, how soon before all the established auto companies have Tesla competitors for sale?

Biggest question, Could this be an indicator of just how fast we could change from Petro to electric auto's world wide?

 

Story sourced from the following sites:

 

http://www.businessinsider.com.au/a-chinese-billionaire-is-building-le-supercar-to-take-on-tesla-2015-9

http://www.digitaltrends.com/cars/le-supercar-news-performance-pictures/

http://www.theautonet.com/en/2015/08/28/le-supercar-electrifies-with-luxury

http://www.autoblog.com/2015/08/26/le-supercar-chinas-tesla/

http://www.fastcodesign.com/3050100/the-longshot-electric-car-being-developed-by-chinas-netflix#4

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



  • Social Stream

  • Similar Content

    • By William Maley
      For the past couple of years, Tesla has been offering an $8,000 "full self-driving" feature for their Autopilot system. But you couldn't use this feature as Tesla had not yet activated this feature. Basically, you were buying a system that Tesla promised would come online sometime in the near future. But that is not happening as Tesla has pulled the option for the time being.
      Last night, Tesla CEO Elon Musk tweeted the option has been taken off due to it causing "too much confusion".
      Since Tesla began offering the option in October 2016, the company has seen a number of top managers and engineers leave the Autopilot program. A number of owners who paid for the $8,000 option have filed a class-action lawsuit, "alleging they were deceived into buying a feature that didn’t exist."
      However, this feature isn't going away. Bloomberg obtained an internal email where Musk told employees they needed about 100 more people to join an internal testing program that is linked to full self-driving feature. 
      Source: Bloomberg

      View full article
    • By William Maley
      For the past couple of years, Tesla has been offering an $8,000 "full self-driving" feature for their Autopilot system. But you couldn't use this feature as Tesla had not yet activated this feature. Basically, you were buying a system that Tesla promised would come online sometime in the near future. But that is not happening as Tesla has pulled the option for the time being.
      Last night, Tesla CEO Elon Musk tweeted the option has been taken off due to it causing "too much confusion".
      Since Tesla began offering the option in October 2016, the company has seen a number of top managers and engineers leave the Autopilot program. A number of owners who paid for the $8,000 option have filed a class-action lawsuit, "alleging they were deceived into buying a feature that didn’t exist."
      However, this feature isn't going away. Bloomberg obtained an internal email where Musk told employees they needed about 100 more people to join an internal testing program that is linked to full self-driving feature. 
      Source: Bloomberg
    • By William Maley
      Tesla finds itself without a chairman of the board as Elon Musk has stepped down due to a settlement with Securities and Exchange Commission. A possible replacement for Musk could be James Murdoch, chief executive of 21st Century Fox and a member of Tesla's board according to a report from the Financial Times.
      The SEC is wanting the next chairperson to be independent and not beholden to Musk. Murdoch is the closest thing as he has more financial independence than another candidate, Antonio Gracias. The FT report says Gracias' venture capital firm, Valor Equity Partners was an early investor into Tesla, though it had sold its shares when Tesla had its IPO. Gracias is also a stakeholder in Musk's SpaceX, which clouds his independence. 
      That isn't to say Murdoch's independence is clear either as he is friends with Musk, and has sided with him on a number of decisions.
      Sources tell the FT that Tesla is also looking outside of the company for a possible replacement.
      Tesla didn't respond for comment, but Elon Musk took to Twitter last night to respond.
      "This is incorrect," he wrote.
      Source: Financial Times (Subscription Required), Bloomberg

      View full article
    • By William Maley
      Tesla finds itself without a chairman of the board as Elon Musk has stepped down due to a settlement with Securities and Exchange Commission. A possible replacement for Musk could be James Murdoch, chief executive of 21st Century Fox and a member of Tesla's board according to a report from the Financial Times.
      The SEC is wanting the next chairperson to be independent and not beholden to Musk. Murdoch is the closest thing as he has more financial independence than another candidate, Antonio Gracias. The FT report says Gracias' venture capital firm, Valor Equity Partners was an early investor into Tesla, though it had sold its shares when Tesla had its IPO. Gracias is also a stakeholder in Musk's SpaceX, which clouds his independence. 
      That isn't to say Murdoch's independence is clear either as he is friends with Musk, and has sided with him on a number of decisions.
      Sources tell the FT that Tesla is also looking outside of the company for a possible replacement.
      Tesla didn't respond for comment, but Elon Musk took to Twitter last night to respond.
      "This is incorrect," he wrote.
      Source: Financial Times (Subscription Required), Bloomberg
    • By dfelt
      To say that today the average auto is a supercomputer would be an understatement. Auto's are being asked to do so much now that many take it for granted what they can do and others wonder why self driving auto's are not already normal here after years of self driving auto's being promised. Part of this is computer tech only now getting up to speed, other reasons is adoption by people. 
      Consumer Reports decided to check out just how good is autonomous driving and is it more of a Semi-automated driving. Consumer Reports has compared the Cadillac Super Cruise, Tesla's AutoPilot along with Nissan's ProPilot and Volvo's Pilot Assist.
      While GM, Tesla and Volvo did not respond to Consumer Reports request for response, Nissan did issue a statement saying that their ProPilot Assist system is available on several models all of which cost tens of thousands of dollars less than the others in the report. While CR has tested the automated driving systems for years, this is their first official in depth testing of the systems. The testing was conducted on both private and public roads to insure real world results. With a system that uses a combination of cameras, radar and other various sensors to map, monitor and react to traffic conditions, each system had its limitations.
      Cadillac Super Cruise only works on divided highways that have been mapped by GM. Tesla Autopilot can work on small, curvy roads with poor lane markings but operates erratically in those situations. Nissans ProPilot did better than Tesla and Volvo for keeping the drivers engaged but just under Cadillac's Super Cruise. Over all Cadillac's Super Cruise was judged to be the best balance of High-tech capabilities with car operational safety and driver engagement.
      Consumer Reports does point out that Super Cruise is NOT GM's Cruise self-driving technology that Honda has just bought into to help bring to market.
      Reuters Story
  • My Clubs

  • Recently Browsing

    No registered users viewing this page.

  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×