Exclusive: Faraday Future to get $310 million lifeline from Chinese state-owned enterprises

A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.
China Evergrande New Energy Vehicle Group closed the sale of 952 million shares to six investors for a total of $3.35 billion)
A collision with a manhole cover could have caused significant damage to the vehicle and triggered the subsequent incident, Tesla said.