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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New Grand Wagoneer
Jeep is working on something Grand. Earlier this week a teaser released made that clear, with a photo of the Grand Canyon overlaid with a definition of the word "grand" ("magnificent and striking in appearance, size, or style") and the copy "coming soon. " ....
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Tesla won’t be able to capitalize on the popular compact crossover segment until November 2019. That’s when the automaker intends to start production on the Model Y, according to a new report.
"The company thrives when we have fresh product, it is just as simple as that," Ford's president of global markets, Jim Farley, told CNBC after unveiling the new Explorer. "With this new line-up of utilities.......
