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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Originally launched as a Kickstarter, the floating DeLorean was built by a San Fransisco gentleman by the name of Matthew Riese. Since he first crafted the vehicle, which is a hand-made lookalike fiberglass and styrofoam shell on top of an original blueprint for a Universal Hovercraft UH-13P, Riese has continually improved upon the....

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The issue will not end any time soon as automakers will add close to 10 million additional inflators to the record-setting recalls in January, according to the report from monitor John Buretta. More than 290 injuries worldwide have been linked to Takata inflators that can explode, spraying metal shrapnel inside cars and trucks.....

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