Sentences with phrase «of electric car startup»

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Today more than a dozen Chinese - backed manufacturers (many of them American startups that now have Chinese owners) are tripping over one another to promote their electric cars and acceleration times; Faraday Future, Karma Automotive, NextEV, and Future Mobility are but a few.
Mysterious electric car startup Faraday Future has been the topic of several news reports lately relating to the company's financial and intellectual property issues, as well as its relationship with Chinese internet company LeEco, which has fallen on hard times recently as well.
The founder of debt - laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end - 2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.
These farms are being built by not just AES's division, but also by electric car maker Tesla (TSLA), by conglomerate GE (GE) and a list of startups including Advanced Microgrid Solutions and Stem.
Faraday Future, the electric - car startup that has been pegged over the last year as a «potential Tesla killer,» still remains much of a mystery to the public.
The California - based electric car startup says the car will utilize an industry leading 130 kWh battery that's capable of driving 378 miles on a single charge.
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.
An electric car startup based in China has revealed an ambitious smart vehicle concept that it claims outperforms Tesla in terms of «digital power.»
Secretive electric car startup Faraday Future may have accidentally leaked photos of its much anticipated concept car, which were spotted by Car and Drivcar startup Faraday Future may have accidentally leaked photos of its much anticipated concept car, which were spotted by Car and Drivcar, which were spotted by Car and DrivCar and Driver.
Both traditional automakers and the bevy of startups see potential in the government's commitment to boost yearly sales of new - energy vehicles — its term for plug - in hybrid and fully - electric cars — by 10-fold in the next decade.
These partners are Mercedes - Benz, which was recently reported to be preparing to unveil a fleet of electric vehicles based on a completely new architecture; Nvidia, which just launched the artificial intelligence - powered palm - sized Drive PX 2 computer for self - driving cars; Otto, an autonomous truck startup that was acquired by Uber last month; and Didi Chuxing, which recently bought out Uber's operations in China.
One of the fastest American sport sedans is an all - electric luxury car from an independent startup.
Electric car and plug - in hybrid startups, Tesla and Fisker, are hoping to enter the market with exotic green machines in the neighborhood of six figures — and then to demonstrate profitability, and slowly work toward follow - up models at $ 50,000 or below.
The California Cars Initiative (CalCars), a non-profit startup dedicated to jump - starting the market for plug - in hybrids (PHEV), is building a prototype Prius (the Prius +) capable of functioning as a plug - in hybrid and running in full EV (electric vehicle) mode for longer distances than possible with the original Toyota equipment.
Last year, the Swedish electric vehicle startup Uniti successfully raised about $ 1.5 million in equity crowdfunding to help bring its minimalist city car, which it called «the most deliberate reinvention of the automobile in modern times,» closer to production.
The pace of the development of electric cars has been accelerated by probably more than a decade thanks to an automobile startup.
The California Cars Initiative (CalCars.org) is a Palo Alto - based nonprofit startup of entrepreneurs, engineers, environmentalists and consumers promoting 100 + MPG plug - in hybrid electric vehicles (PHEVs).
But the agreement between Tesla, one of Silicon Valley's growing crop of green tech startups, and Hyatt, a global corporation with 753 hotels, shows just how much has changed in the way the world looks at electric cars.
The CEO of General Motors, Rick Wagoner, says that, when it comes to the large - scale manufacture of electric vehicles, GM will ultimately beat out the dozens of electric - vehicle startups that have recently started racing to sell green cars.
Via Ireland's Department of Transport, Irish Times Photo: Irish Times More Electric Car Articles Tesla's «Model S» San Jose Factory Might be Dead The Race is On to Make Better & Cheaper Electric Car Batteries The Chevy Volt's European Cousin: The Opel Ampera CARB Delays Decision, Plug - In Hybrid Conversion Startups Dodge a Bullet The 6 Ugliest Eco-Cars: Because Green Isn't Always Pretty
Apparently it's not enough for Elon to have changed the Internet with his startups (Zip2, Paypal), changed the world of electric cars with Tesla Motors (remember how electric cars were perceived before the Roadster came on the scene?)
The Chevy Volt's European Cousin: The Opel Ampera CARB Delays Decision, Plug - In Hybrid Conversion Startups Dodge a Bullet Here's What Happens to a Tesla Electric Car Battery at the End of its Life
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.
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.
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.
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.
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...
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 FF if it failed to spend $ 1 billion to construct a factory in North Las Vegas.
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.
Krause leaving the company would be a significant blow to the three - year - old startup, which has spent 2017 trying to reshape itself as a serious contender among a crowded field vying to bring electric autonomous cars to life after a year of big promises and intense skepticism from the motoring press and investors alike.
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.
The startup electric carmaker unveiled its first production car this week, so of course, it's trying to make a splash at CES.
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.
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.
You know NIO — the Chinese - backed startup formerly known as NextEV — from the NIO EP9, what they claim is the world's fastest electric car and one that just set some impressive lap records at Circuit of the Americas.
He invested in an electric car startup known as Atieva (now called Lucid Motors), and pushed LeEco to develop an EV of its own.
The saga of would - be world - beater electric car startup Faraday Future got weirder than usual this week, and this evening it escalated further.
The saga of would - be world - beater electric car startup Faraday Future got weirder than usual this...
The startup abandoned a plan this summer for a proposed $ 1 billion factory in Nevada, but Faraday says it still aims to launch production of its electric autonomous car, the FF 91, in 2018.
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.
It's incredibly difficult to translate just how bad of a year it was for Faraday Future, which is financially backed by Chinese billionaire Jia Yueting with connections to LeEco, another electric vehicle startup under the umbrella of Yueting's media empire LeTV, which also confusingly had its LeSee concept car designed by the Faraday Future team.
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.
Kim is currently the head of design for the startup electric car company Faraday Future, and his design for the BMW i3 is often described as being «loft - like,» with its novel use of materials and a use of space that feels more architectural than conventional auto design.
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.
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.
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.»
The utility company, Chubu Electric Power Co Inc (TYO: 9502), in partnership with an Internet of Things (IoT) startup, Nayuta, carried out a dummy transaction using Bitcoin running LN to pay for an electric car at a charging Electric Power Co Inc (TYO: 9502), in partnership with an Internet of Things (IoT) startup, Nayuta, carried out a dummy transaction using Bitcoin running LN to pay for an electric car at a charging electric car at a charging station.
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.
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.
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