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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Other News
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....
A group of engineers in Iran spent four years creating a perfect knock-off of a Lamborghini Murcielago SV, and the team recently unveiled the odd creation. The goal behind this odd undertaking was to understand Lambo's technical knowhow better and to be able to implement it into future Iranian-built vehicles.....
