Sentences with phrase «funded electric car startup»
At this month's Consumer Electronics Show in Las Vegas, Chinese - funded electric car startup Byton debuted its first vehicle.
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The company has now reportedly raised $ 1 billion in funding, making WM Motor the latest well - funded startup hoping to make or sell electric cars in China.
Troubled EV startup Faraday Future scrounged up new funding at the end of 2017, and even made a surreptitious appearance at CES, wooing CNET and a few paid YouTube influencers with the intoxicating speed of its electric car.
The Chinese - backed electric vehicle startup NIO raised more than $ 1 billion in its latest fundraising round, Reuters reported on Wednesday, breaking away from a crowded field of young Chinese - funded car firms who've notably struggled to raise money for their own ambitious endeavors.
He said he stepped down from his role as the chief executive officer of LeEco's main listed company to focus on Faraday Future, the US - based startup now trying to raise funds to bring the FF91 electric car to fruition.