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/PRNewswire/ -- The "Electric Car Market by Propulsion Type, Power Output, End Use, and Geography - Global Forecast to 2028" report has been added to...
ADVERTISEMENT ADVERTISEMENT Electric Car Co. Loses Privilege Over Docs On Atty's Firing Law360 (May 4, 2021, 10:06 PM EDT) -- A California federal judge ruled Monday that Faraday Future waived attorney-client privilege on documents surrounding its employment agreement with a former Mayer Brown LLP partner accusing the electric car startup of tricking him into accepting an in-house job, as well as documents connected to his termination. U.S. Magistrate Judge Jean P. Rosenbluth ruled that the arguments made by Faraday & Future Inc. resulted in it waiving attorney-client privilege on certain co...
Lucid Motors on Monday agreed to go public by merging with Churchill Capital IV Corp, a blank-check firm backed by Wall Street dealmaker and former Citigrou
By Reuters Staff 3 Min Read (Reuters) - Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at a pro-forma equity value of $24 billion. FILE PHOTO: The Lucid Air speed test car is displayed at the 2017 New York International Auto Show in New York City, U.S. April 13, 2017. REUTERS/Andrew Kelly Lucid, run by an ex-Tesla engineer, is the latest firm to tap the initial public offering market, with investors rushing into the EV sector, spurred by the rise of Tesla Inc and wit...
socaltech.com Los Angeles-based electric vehicle developer Faraday Future is joining the rush to public markets through a Special Purpose Acquisition Company (SPAC), saying this morning that it plans to list on the NASDAQ through a merger with Property Solutions Acquisition Corp.. The company said the planned merger with PSAC (which currently trades on the NASDAQ as PSAC) would provide it with an estimated $1 billion in gross proceeds. The company said the deal is expected to fully fund the production of its FF91 luxury electric vehicle, as well as future development. Faraday Future says PS...