Faraday Future, the Los Angeles based electric car company run by China’s Jia Yueting, who also founded LeEco, has filed a lawsuit against Evelozcity, a start-up founded by its former chief financial officer Stefan Krause, for allegedly stealing trade secrets. Faraday Future also accused Krause and former CTO Ulrich Kranz of luring away at least 20 former employees to join their electric vehicle start-up, some of whom provided Faraday Future’s intellectual property to Evelozcity, according to a complaint filed with California …
Faraday Future Claims Ex-CFO Stole Trade Secrets From Electric Car Company appeared first on China Money Network.