Sentences with phrase «former electric car company»

Not exact matches

Martin Eberhard vs. Elon Musk In May, former Tesla Motors CEO Eberhard sued the electric car company and its CEO Musk, alleging slander, libel and breach of contract.

The aspiring electric car startup that's backed by Chinese billionaire Jia Yueting has faced a series of legal setbacks and financial woes over the last year, most recently publicizing the firing of former BMW veteran who became the company's CFO.

Business partner and former GM executive Bob Lutz, who played a key role in the development of the electric Chevrolet Bolt, meanwhile said Tesla is losing its uniqueness as other companies develop better electric cars, and that it'll «have to learn to make money like any other company».

Earlier this year, Aston Martin showed an all - electric GT concept, the DBX, which makes the announcement of this RapidE an exciting and dramatic turn of events for the sports car maker, whose former CEO, Dr Ulrich Bez, once told me that electrification was not part of the company's future.

Ms Sexton and other former insiders point to long waiting lists they say were ignored by the big car companies, who chose instead to shut down their electric programmes and to crush most of those electric cars.

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.

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.

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.

This includes Padmasree Warrior, former star engineer at Cisco and current CEO of NIO US (a Chinese electric car company); Nike exec Heidi O'Neill and Netflix exec Ted Sarandos.

Jia Yueting, a company co-founder and its main financial backer, told employees in a meeting last week that he has lined up a new round of funding, and that he is taking over as CEO of the beleaguered electric car company, multiple former employees tell The Verge.

Though FF appears to be a robust American car company with hundreds of employees, interviews with former employees indicate much of what goes on at the company is dictated by Jia Yueting, the eccentric Chinese billionaire who approached Sampson in 2014 about building an electric car that could best Tesla.

Waymo, the self - driving car company headed up by Google parent company Alphabet, has agreed a deal with Coventry - based Jaguar Land Rover that will see the latter provide some 20,000 electric I - Pace SUVs to the former, to help create a fleet of self - driving taxis.