In addition to building factories, LeTV is also building an eco-village for automobiles.
On the afternoon of August 10th, LeTV Automotive held a conference in Hangzhou and announced with the Zhejiang Provincial Government that the cooperation projects of the two parties in the Leshi Auto Ecological Experience Zone, Smart Auto Industry Fund, and Internet Finance were formally launched. The contents of the conference mainly include:
LeTV will invest 20 billion yuan in this project and will build an automotive plant and self-driving eco-town that covers an area of ​​more than 4,300 acres.
In the future, in Moganshan, Zhejiang, LeTV will be able to produce a wide range of vehicles, including D-Class cars that compete with the BMW 7 Series.
At present, LeTV has created trial cars and will apply for production qualifications in the future.
At the press conference, Leighton's chairman Jia Yueting stated that this is the first high-end D-class car production line with independent intellectual property rights in China and will include stamping, welding, painting, and final assembly of four major workshops. The D-class car means that the positioning of LeTV is a luxury model. Jia also mentioned that LeTV will put into production a “three power†production line that can produce batteries, motors, and electric control systems. In the future, LeTV will also open its “three power†technologies to all car companies.
As to why Zhejiang was selected as the location of the LeTV factory? Insiders pointed out that Hangzhou, as the core area of ​​Huadong Automobile Manufacturing Base, not only gathered many automobile companies including Geely, Zhongtai, Dongfeng Yulong, Changan Ford, GAC Gonow and Youth Lotus. In addition, the West Lake BYD new energy bus production base, Foxconn Hangzhou new energy car rental project, Shenzhen International East and West smart city projects have landed in Hangzhou, has formed a cluster effect. And the local government also has corresponding policy support.
According to the project plan, the first phase of LeTV Automotive Ecological Experience Park plans to use about 4,300 acres of land and plans to produce 400,000 units of complete vehicles annually. With a total investment of 20 billion, LeTV intends to spend the following:
The first phase of the factory investment is 6 billion yuan, and the annual production capacity is 200,000 vehicles;
The second phase of the project will begin construction within two years after the first phase of production. The production capacity will be expanded to 200,000 vehicles and the project investment will be 6 billion yuan.
The parks supported by the park mainly include administrative office areas and supporting facilities, with an investment of 2 billion yuan.
However, in LeTV’s official press release, there was no mention of when it was started and completed. According to the official statement, when the experience park is completed, it will be formed with the Levision automobile manufacturing and sightseeing experience , and will be integrated into the LeTV Sports, LeTV music and film and television ecology elements as well as theme amusement travel destinations .
In addition, Levision and the Zhejiang Provincial Government have also reached a cooperation to build an "automobile town." According to the plan, in the future, all eco-towns will use electric vehicles, and use network-based vehicles and time-sharing to achieve 100% automobile socialization. At the same time, all vehicles will implement automatic driving.
Among them, the references to "electric vehicles, network vehicles, and time-sharing leases" should refer to the cars manufactured by LeTV, and Le Shiyi's Easy Access and Zero Chartered Lease.
LeSpe not only turned a factory into a production base and tourist destination, but also did a commercial project. With a total investment of 20 billion yuan, except for the first and second phases, which each invested 6 billion yuan, and 2 billion yuan in park-supported business parks, there are still 6 billion yuan in renminbi.
Liu Hong, co-founder and deputy chairman of LeTV, revealed that: "Letvision and Intime will jointly set up an industrial fund, which also includes Levision and the government, other institutional investors or strategic investors to form this industrial fund." And this 6 billion The yuan will likely be used as an industry fund.
Recently, Geely Group’s Mingtai Investment Company announced that it will invest RMB 8.5 billion in Wuhan to carry the Wuhan Motorsports cultural tourism town. At the beginning of last month, Southern University of Science and Technology, the University of Michigan, and Frontier Technology Industry Management Co., Ltd. signed a cooperation agreement. The three parties jointly announced The “Shenzhen Unmanned Town†will be jointly constructed in Shenzhen. The first phase of the project will invest 10 billion yuan. In mid-May, Baidu signed a contract with the Wuhu Municipal People's Government of Anhui Province. Both parties will build a “widely unmanned vehicle operating area in Wuhu. "Since Baidu also held a signing ceremony with Wuzhen Tourism strategy, announced that the two sides will work together to promote Baidu driverless cars on public roads in Wuzhen scenic area of daily operations.
The "township model" or "campus model" seems to be favored by all parties because it can provide a strong support for smart cities. Some industry fund investors told Lei Feng Network (search for "Lei Feng Net" public concern) that the government is very much in favor of this model, which can bring a lot of industrial innovation and high quality tax sources.
Those who watched the live broadcast should note that LeTV did not introduce PPT at the conference. Perhaps for the production of cars, LeTV may have to be serious.
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