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.....
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Who or What is learning to drive?
Ratautonomy: Scientists Teach Rats How To Drive.
There's actually some serious science happening here. This could well be the weirdest story you read all week, possibly even the year, and yes, it’s absolutely true. Scientists have trained rats to drive a car. Granted, it’s a rat-sized electric car in a small enclosure, but yeah. Rats that can drive.
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As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
The Ford F-150 is a big deal. So big that if it were its own brand, it would be bigger than McDonald's, according to Automotive News. It would also be bigger than 3M, you know, “the multinational ....