Archive | leeco

Faraday Frozen: CEO’s Ownership Stake and Mansions On Freeze Pending Lawsuit

A Chinese company alleging that Faraday Future CEO Jia Yueting owes it $11 million for an overdue loan from 2016 convinced a California district court judge to freeze his ownership stake in the electric car startup, as well as four of his U.S. mansions, The Verge reports.Read more… Continue Reading at https://jalopnik.com

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The Chinese Company Behind Volvo’s Turnaround Just Put $3 Billion Into Volvo Trucks

Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are all of the top stories of the car world, stories that should hopefully distract you from news of possible impending doom for bananas. Sorry, sorry, back to cars.Read more… Continue Reading […]

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