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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Electric Jaguar XJ
Say goodbye to the gas-powered Jaguar XJ and hello to the electric XJ. The British automaker took great pains to hide as much of the design of the upcoming EV, but this spy photo makes it clear that the vehicle continues the automaker's history of making sleek sedans.
The redesigned electric XJ will have all-wheel drive and electric motors in front and back. It's built on Jaguar Land Rover's Modular Longitudinal Architecture (MLA)platform, the underpinnings for EVs, plug-in hybrids, and mild hybrids that will be part of every Jag by 2025.
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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.
If we're ever in Norway, we know where we're staying. Vintage Volkswagen vans are all the rage right now, but people often forget the lovable old L 319 from Mercedes-Benz. It was later rebranded as a range of models from L 405 through L408, but this particular L 406 from 1968 is special....
