Sentences with phrase «car startup terrafugia»

Chris Urmson, who would later head up Google's self - driving project and recently co-founded self - driving car startup Aurora, was director of technology of that team.

In an interesting twist, LeEco is also bankrolling Faraday Future, the California - based electric car startup that has poached hundreds of auto industry staff in recent years and is currently building a $ 1 billion factory in Nevada.

Separately, Jia is also the main investor in the US electric car startup Faraday Future.

At this year's CES, troubled electric car startup Faraday Future presented itself as the company that would usher in «the next generation of sustainable luxury mobility.»

Waymo, the self - driving car startup spun - off from Google late last year, will be deploying its fleet of self - driving Chrysler Pacifica minivans onto public roads for the first time later this month, the company announced at the North American International Auto Show today.

Those reports from the summer that Volvo's parent company had snapped up flying car startup Terrafugia?

Levandowski has been a central figure in a bombshell lawsuit Waymo, a self - driving car startup that's a sister company of Google, filed against Uber in February.

Chinese electronics giant LeEco is backing U.S. electric car startup Faraday Future, but it also has an electric car project of its own going on.

Perpetually troubled electric car startup Faraday Future filed a lawsuit on Monday against the...

Electric car startup Fisker Automotive has filed a lawsuit charging insurance company XL Insurance America with breach of contract for denying coverage of its claim after 338 of its Karma cars were destroyed due to flooding in Superstorm Sandy.

In addition to Tesla, the traditional automakers will face competition from newcomers, such as Faraday Future, the buzzy electric car startup that is debuting at CES.

The Illinois Student Assistance Commission, which runs the state's prepaid college savings plan, expects to lose more than half of its $ 10 million investment in luxury hybrid - car startup Fisker Automotive.

Electric car startup Fisker Automotive took the opportunity of the LA Auto Show to meet with members of the media and divulged to the Detroit Bureau (hat tip Autoblog Green) that it is looking for a «better financed partner.»

Struggling electric car startup Faraday Future entered one of the fastest - growing world championships in racing — Formula E — through a partnership with Dragon Racing last season.

If true, though, it would mean Faraday — which has had notable struggles to even finish the design of its first car, despite having spent hundreds of millions of dollars so far — managed to raise nearly as much as electric car startup NIO reportedly netted in a recent round of fundraising.

It wasn't anywhere close to its splashy and controversial reveal at last year's Consumer Electronics Show, but electric car startup Faraday Future still showed up this year's tech conference.

Sure, it wasn't the kind of buzz you'd get from revealing a new car — something the latest electric car startup, Byton, enjoyed this week.

The saga of would - be world - beater electric car startup Faraday Future got weirder than usual this...

The saga of would - be world - beater electric car startup Faraday Future got weirder than usual this week, and this evening it escalated further.

On Sunday at CES, new Chinese - backed car startup Byton unveiled its first drivable prototype — an electric crossover with a screen for a dashboard that's set to launch in late 2019.

Faraday Future Inc., the electric - car startup backed by billionaire Jia Yueting, hired Porter Harris from Space Exploration Technologies before he left the company.

Among the many mysteries surrounding cash - strapped electric car startup Faraday Future is where it...

As we've covered extensively over the past few months, Chinese - backed electric car startup Faraday Future is running into financial problems, most recently including suppliers allegedly not getting paid and an apparent surprise $ 300 million hole.

At this month's Consumer Electronics Show in Las Vegas, Chinese - funded electric car startup Byton debuted its first vehicle.

He invested in an electric car startup known as Atieva (now called Lucid Motors), and pushed LeEco to develop an EV of its own.

Still no word yet on the possible merger with rival T - Mobile... Auto parts maker Delphi is buying autonomous car startup NuTonomy for $ 400 million... Overstock.com aims to hold the largest - yet initial coin offering, topping FileCoin's $ 257 million offering in August... Uber is adding a «long pickup fee» as part of an effort to make rides more attractive where drivers have to go a distance before starting the ride; the question is how it will go over with riders... AMD returned to profitability driven by sales of its Ryzen processor, per VentureBeat... Apple acquired New Zealand - based wireless charging firm PowerbyProxi for an undisclosed sum... TechCrunch reports that Honolulu has given final approval to a law that fines pedestrians who are looking at their phones while crossing a street.

But LeEco, whose owner Jia Yuentig is behind the Silicon Valley car startup, reportedly received $ 1.44 billion from an unidentified investor on the same day it broke ground on a new electric car factory in China.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate LeEco — announced a significant round of layoffs at its US operations.

LOS ANGELES — A construction firm working on Faraday Future's $ 1 billion Nevada factory has warned the electric - car startup that it could face a work stoppage over millions of dollars in unpaid bills, raising questions about Faraday's financial condition.

If recent reports are accurate, electric car startup Faraday Future recently netted a $ 1 billion investment and, in turn, named Chinese tech entrepreneur Jia Yueting its CEO.

It was mostly unsuccessful, and Krause left the company to open his own electric - car startup, prompting an intellectual - property lawsuit.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate...

You have no idea what a mess things are behind the scenes at the mysterious car startup Faraday Future.

Things are going from bad to worse for electric car startup Faraday Future.

But according to several former Faraday employees, the electric car startup — incorporated in Gardena, California — operates in practice as a branch of Jia's Chinese company LeEco, sharing resources.

«It's clear Mr. Jia doesn't have any money,» Nevada State Treasurer Dan Schwarz recently said of Jia Yueting, the tech mogul behind the mysterious Silicon Valley car startup Faraday Future.

Next month, Faraday Future, the secretive electric car startup backed by Chinese billionaire Jia Yueting, is set to debut its first production vehicle at the Consumer Electronics Show.

Perpetually troubled electric car startup Faraday Future filed a lawsuit on Monday against the company's former chief financial officer, Stefan Krause, alleging that he stole a number of trade secrets and improperly solicited employees to join him at a new startup.

In December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for FF if it failed to spend $ 1 billion to construct a factory in North Las Vegas.

Krause joined the the three - year - old electric car startup in March, having spent 30 years in executive positions at companies like BMW and Deutsche Bank.

Electric car startup Faraday Future is closing out 2017 in a very precarious position, something The Verge captures in a spellbinding story today on the company's financial state.

Late last month, the seemingly incapable - of - escaping - trouble electric car startup Faraday Future filed a lawsuit against a new rival helmed by its former chief financial officer, Stefan Krause.

In December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for...

Last night, electric car startup Faraday Future served up the wild FFZERO1 concept as «the most extreme iteration of what it can build» with a barrage of buzzwords that left most people wondering what the hell was actually going on.

While Faraday Future posed as the newest California electric car startup that attracted top auto industry talent, 10 former employees and one person close to the company say the behavior and business practices of its chief investor have brought business to a halt.

The Terrafugia Transition is expected to sell for a base price of $ 275,000, while Aeromobil, another flying car startup, promised that its 3.0 will be a luxury item that costs somewhere between a supercar and an aircraft.

A second founding executive has left ailing electric car startup Faraday Future.

The electric car startup joined Formula E last summer as part of a multi-year commercial and technical contract with Dragon Racing, and raced all year with its criss - cross logo adorning the team's cars.

Last weekend, the Silicon Valley electric car startup Project Better Place said that Renault - Nissan, which is its partner, would likely spend between $ 500 million and $ 1 billion on building electric cars.

Interestingly, a road - legal track car startup called Elemental got closest to the aero setup on Aston Martin / Red Bull's crazy machine.