Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Report: LeEco's self-driving car was actually piloted by remote control and designed by Faraday Future

Published by Business Insider on Fri, 16 Dec 2016


Chinese company LeEco is running into some more trouble with its electric car plans.Buzzfeed News reported today that LeEco leaned on Faraday Future, the startup it has a strategic partnership with, to design its self-driving car, the LeSee.LeEco's CEO Jia Yueting is a personal investor in Faraday Future.Faraday Future employees were pulled off their core projects to work on LeSee car that was shown on stage at an event in April. The car,said to boast autonomous capabilities at the event, was actually being piloted backstage via a remote control, Buzzfeed reported.Faraday Future declined to comment for this story.LeEco did not immediately return Business Insider's request for comment.The news comes a month after Yueting told LeEco staff that the company was facing a shortage of cash from expanding too fast and in too many directions.Faraday Future has had troubles of its own. It stopped work at its $1 billion factory in North Las Vegas and is likely to miss the shipping deadline for its production vehicles that were said to come to market some time in 2017.Dan Schwartz, Nevada's state treasurer, has been a vocal skeptic of the Faraday Future project since Nevada offered the startup millions in tax incentives to build its factory.Buzzfeed News also reported that alawsuitwas filed against Faraday Future from auto supplier Futuris for falling behind on $10 million worth of payments. Another lawsuit, fromby Beim Maple Properties, alleges Faraday Future is behind roughly $105,000 in rent payments for a warehouse.Read the full Buzzfeed News report here.SEE ALSO:The Chinese company trying to rival Tesla is suffering from a cash shortage, over expansionDON'T MISS:Nevada's governor lights up naysayers of the secretive electric-car startup Faraday Future in a searing statementJoin the conversation about this storyNOW WATCH: Tesla's rival just unveiled its first car 'and it looks like a futuristic Batmobile
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs