The developers claim that their new product will be the first car of its class in the world to combine autonomous driving and electric traction, but the exact technical specifications are still kept secret. In addition to the autopilot, the model will feature inductive charging for batteries and access to various online services.

LeEco has already planned the construction of its own plant, which will eventually become part of a large technology cluster. However, it is estimated that about $2 billion more in investment will be needed to realize the plan.