View photosMoreJia Yueting, co-founder and head of Le Holdings Co Ltd, also known as LeEco and formerly as LeTV, poses for a photo in front of a logo of his company after a Reuters interview at LeEco headquarters in Beijing, China, picture taken April 22, 2016.
DETROIT/SAN FRANCISCO Reuters - Three electric-car startups funded by Chinese billionaire Jia Yueting will display vehicles at the giant CES 2017 trade show in Las Vegas next month, and two former executives told Reuters that one of the companies plans to roll out a dozen models through 2026.
The three companies still have not detailed how they plan to fund their efforts to challenge Tesla Motors Inc in the luxury electric vehicle market.
The two former executives, who declined to speak on the record, described the vehicle to Reuters and gave other details of the company's ambitious 10-year strategy.
Faraday has said its first vehicle is slated for production in early 2018.
The former executives said the company uses the internal designation Project 91 for the vehicle.