Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
Tesla announced that pre-orders for Model 3 are now available in China.
It seems the uphill battle for funding of Jia Yueting, founder of Faraday Future (FF), will only be getting steeper. On Dec. 13, a federal judge announced to temporarily freeze Jia’s 33 percent stake in the Gardena-based electric car startup, and put a protective order on his three high-end homes in Rancho Palos Verdes.
NIO ES6 — the high-performance intelligent electric SUV was officially launched on NIO Day 2018 which was celebrated at the Shanghai Oriental Sports Center on Dec. 15.
“EVAIO has made contact with Faraday Future to invest 900 million USD over three years via indirect STO. FF and EVAIO will now start up the discussion for the details of the plan,” posted Patrick De Potter, CEO of a blockchain startup named EVAIO, on Nov.13.
Arbitrators ruled that Evergrande could no longer prevent the EV-company Faraday Future (FF) from seeking funding from other financing sources in the emergency arbitration between the EV-company Faraday Future’s CEO Jia Yueting and Evergrande Health Industry Group Ltd. on Oct. 25.
He Xiaopeng, XPeng Motors Chairman and CEO, was the only representative of the emerging automobile manufacturing force to be invited to deliver a keynote speech at the main forum of the World Intelligent Connected Vehicles Conference (WICV) on Oct. 18.
Beijing Chehejia Technology Ltd., a Chinese electric vehicle (EV) startup, unveiled its new electric SUV LI One yesterday, making it a strong contender to Tesla’s Model X.
Byton, a premium smart electric vehicle startup, and supplier Bosch Group signed a strategic cooperation agreement in Germany on Sept. 24. The agreement focuses on powertrain technology, braking, and driver assistance systems.
Electric vehicle startup NIO will officially begin trading on the New York Stock Exchange (NYSE) starting on September 12, under the ticker symbol “NIO”. This is the first Chinese EV startup to go public in the U.S.
On Sept. 11, Dr. Gu Junli, vice president of Xpeng Motors, an electric car startup in China, announced in a keynote speech that the company has obtained a California Autopilot Test Drive Permit, allowing the company to legally test its autopilot technologies on U.S. soil.
NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States.
Byton’s global headquarters officially opened in Nanjing on June 11, and announced the successful completion of their Series B round financing of up to $500 million on the same day.