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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The CMP platform, designed to cover the small car and the lower part of the compact segment, allows for gasoline, diesel or full-electric power...

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But wait. The auctioneer stopped the bidding when he noticed the price on the screen was wrong. ...

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