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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58,568 tickets in two weeks
Speed camera in Italian town issues 58,568 tickets in two weeks
Speed cameras have long been torturing drivers near and far. The devices are hooked up to radar detectors and, when they catch a car going past at a speed higher than the posted limit, they snap a photo and initiate a citation for that driver. They're extremely useful, if not hyperactive, for the towns and cities where they are used, but a bane to drivers. This has never been more on display than in a small Italian town that recently reported it snapped 58,568 offenses in just two weeks.
According to a report from the BBC, Acquetico, a town in the corner of northwest Italy (between Genoa and Nice, France) has approximately 120 residents. But because a major road, SS28 Nord, passes through, it is heavily trafficked. This prompted the town's mayor Alessandro Alessandri to set up a trial speed camera as a response to numerous complaints about speeding in the 31 mph (50 kmh) zone. The results were mind-blowing.........
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