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.....
Recent:
JarAutoNews
BMW CHRONOLOGY
Defining moments in the history of the BMW Group
CHRONOLOGY
Defining moments in the history of the BMW Group.
As an international mobility company, we constantly have our finger on the pulse of innovation. This means exciting, informative and emotional topics relating to products, services and technical progress are always on the agenda.
Menu
Other News
General Motors has officially agreed to sell its Opel and Vauxhall brands to the PSA Group as the Detroit automaker attempts to stanch more than a decade of staggering losses in Europe.
Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses, but executives at the companies hinted...