On Friday, Chinese digital giant LeEco introduced a 2.0 version of its electric vehicle time-sharing business LeShare.It s a platform that runs in line with LeEco s Super Electric Ecosystem SEE plan, which was introduced by LeEco CEO Jia Yueting at the end of 2014 to build an ecosystem of electric, smart, connected, and socialized cars .

If every 10 people share one car, Beijing s six million cars could be reduced to two million, and that means much less traffic pressure and a much better urban environment for everyone, said LeShare chairman He Yi.

And with the concept of the sharing economy at its core, LeShare will satisfy anyone s travelling needs at anytime anywhere, in an environmentally friendly way.

Registration requires uploading a driving license, and takes merely 30 seconds.Once approved, users can hire an electric car from the nearest LeShare station and, at the end of the service, pay through Alipay or Wechat Pay.

When a web connection fails, a text message will send users the password which, upon being entered into the lock pad available on each car, also works as a key.

And by 2020, LeShare aims to paint its global picture with over a million pure-electric cars, according to He.LeEco has been aggressively exploring the EV sector globally.

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