A Faraday Future investor just hinted the company may reveal its first electric car in January
Yueting broke the news at the Chinese internet company's US launch event at the Palace of Fine Arts in San Francisco on Wednesday. LeEco is a strategic partner of Faraday Future, an electric car start-up based in southern California. Yueting is also a personal investor in Faraday Future.
But Yueting was sure not to promise the car's arrival at CES, only saying Faraday Future will perhaps show it.
Faraday Future did not immediately respond to Business Insider's request for comment.
Faraday Future generated a lot of hype for a car reveal ahead of the 2016 CES, but people were disappointed to only see a concept car.
Meanwhile, LeEco has its own car plans. The company showed its own electric concept car with autonomous capabilities in April.
LeEco raised $1.08 billion to develop its electric car in September. The news came about a month after LeEco invested $1.8 billion to build an electric-car plant in eastern China with eventual annual production capacity of 400,000 cars.
LeEco was supposed to show the car, the LeSEE Pro, at the event. But Yueting said it got into an accident on the way from Los Angeles to the event in San Francisco. He added the stage had been built with a track specifically to show the car's autonomous abilities at the event.
Prior to being flown into Los Angeles, the LeSEE Pro was being filmed for the movie "Transformers 5."