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Faraday falls behind on plant construction bills
Faraday falls behind on plant construction bills

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 cond

Oct. 24 , 2016
Atieva becomes Lucid Motors, readies concept EV reveal by end of 2016
Atieva becomes Lucid Motors, readies concept EV reveal by end of 2016

No matter what you call it, it's really quick. Atieva, the electric-vehicle startup whose test-mule van smoked a Tesla and Ferrari in a drag race this summer, has changed its name to Lucid Motors. The Silicon Valley company may show a concept version

Oct. 24 , 2016
UK could slash corporation tax to 10 percent if EU blocks Brexit trade deal: Sunday Times
UK could slash corporation tax to 10 percent if EU blocks Brexit trade deal: Sunday Times

Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, citing an unidentified source.

Oct. 24 , 2016
GM to add SUV production line at China JV in 2017: Xinhua
GM to add SUV production line at China JV in 2017: Xinhua

General Motors Co (GM.N) plans to launch a new SUV production line at its joint venture factory in the Chinese central city of Wuhan during the first half of 2017, the official Xinhua News Agency reported on Sunday, citing company sources.

Oct. 24 , 2016
Toyota aims to assist, not replace, drivers
Toyota aims to assist, not replace, drivers

Toyota Motor Corp. is in no hurry to join the auto industry's stampede to launch fleet tests of Google-style self-driving taxis.

Oct. 24 , 2016
Continental puts first 48V hybrid assist system into production with Renault diesels
Continental puts first 48V hybrid assist system into production with Renault diesels

From the end of 2016, diesel variants of the Renault Scénic and Grand Scénic models will be equipped with Continental’s 48-volt hybrid drive—the first application of the 48V “Hybrid Assist” in production vehicles.

Oct. 24 , 2016