The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....

read more..

Tuesday, Kodiak is announcing its elsewhere: Dallas, where the startup has opened an eight-employee office...

read more..

Tesla won’t be able to capitalize on the popular compact crossover segment until November 2019. That’s when the automaker intends to start production on the Model Y, according to a new report.