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  Ding Lei
 
LeEco's EV business head resigns for health reasons
Automotive News China | 2017/3/21

Chinese technology company LeEco announced Monday that Ding Lei, head of its electric vehicle business, has resigned for health reasons.

LeEco said Ding will be a consultant for its business strategies.

The company has yet to disclose Ding's replacement as chief of its EV business.

Ding joined LeEco in 2015 to lead the company's effort to develop EVs.

He started his automotive career at SAIC General Motors, GM's passenger vehicle joint venture with SAIC Motor Corp., in 1995. He worked his way up to become the joint venture's president in 2005.

In 2011, he was recruited by the Shanghai municipal government, and in 2013 was appointed vice chief of Shanghai's Pudong New District. 

LeEco plans to produce EVs in the United States through Faraday Future, a California company backed by LeEco founder Jia Yueting. In November, Faraday halted construction of its assembly plant in Nevada because of a cash shortage.

It has also acquired land in Deqing county in east China's Zhejiang province to build an assembly plant that would produce EVs.

LeEco, headquartered in Beijing and listed in Shanghai, started as a video streaming website. Now it has expanded into e-commerce, mobile phones, TVs, ride hailing and filmmaking.

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