Tag Archives: Future

Faraday Future ends dispute with main investor

Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group, ending a bitter legal fight and clearing the path for raising funds. Season Smart, which agreed to be bought by China’s Evergrande Health, will now own 32 percent preference

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Officials say future of Bondurant school is bright despite bankruptcy

Bob Bondurant School of High Performance Driving photo The future of the Bob Bondurant School of High Performance Driving is bright despite its ongoing Chapter 11 bankruptcy case, according to an official working to stabilize the facility’s financial problems. “I think the future of the company is actually really pretty bright,” Timothy Shaffer, the school’s

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Honda Autonomous Work Vehicle could be the fire truck of the future

Follow Viknesh Honda Autonomous Work Vehicle prototype Honda will use next month’s 2019 International Consumer Electronics Show in Las Vegas to highlight a number of technologies it is working on in fields as diverse as robotics, connectivity and self-driving capability. Among the highlights will be a prototype for a self-driving all-terrain vehicle that Honda is

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Pininfarina details “Pura” design language for future cars, PF0 hypercar almost fully revealed

Follow Viknesh The new Pininfarina car brand spun off earlier this year from the Italian design house and coachbuilder of the same name is working on a handful of models, all of them high-performance electric cars to be targeted at ultra-wealthy individuals. Naturally, Pininfarina is turning to its parent company to craft the new look

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Electric RS 3 shows what future four-wheel donuts look like

Electric RS 3 shows what future four-wheel donuts look like Electric motors can do amazing things. Ramp them up to four-figure horsepower, and they can make an electric car intimidating. Heck, we’d even call this electric Audi RS 3 frightening. Schaeffler Group’s 4ePerformance concept is back. We’ve seen it fly backwards at ridiculous speeds, and now

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Faraday Future employees sue key investor

Faraday Future completes first pre-production FF91 on August 28, 2018 Drama continues to unfold between electric car startup Faraday Future and its key investor, Chinese conglomerate Evergrande Health Industry Group Ltd. A Wednesday report from The Verge uncovered that Faraday Future employees have now sued the investor. Employees filed the lawsuit in Los Angeles County Superior Court

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