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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Greenest Cars of 2020
The Car Connection's Greenest Cars of 2020
Why? The energy efficiency of electric motors is fundamentally better than that of gasoline engines; and if you consider how rapidly the U.S. electrical grid is greening due to more sustainable sources like solar and wind, the advantages are going to keep building over the years you drive the vehicle. You won’t find fuel-stingy icons like the Toyota Prius on this list. Some of the greenest cars such as the Tesla Model 3 Performance and its 3.2-second 0-60 mph time are some of the quickest and offer the thrills of a performance car....
2020 Tesla Model 3
Tesla Model 3
Efficiency: 141 MPGe
Range: 250 miles
Starting price: $41,190
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Guinness World Records has taken a step back from the dispute between two record-setting car salesmen. Earlier, we wrote about strong-selling Joe Girard, who sold a record number of cars in 1972 and was so eager to defend his title that he disputed the new record claimed by Ali Reda....
Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...
