Dreame, the Chinese vacuum company that aspires to be a global technology giant, is reportedly shutting down its automotive project after funding from the government dried up. According to CarNewsChina, the company’s automotive division called “Project Starry Sky” once employed over 1,000 people, but now only a handful legal and HR staffers remain, charged with winding down the operation.

In a statement, Dreame said it “recently adjusted certain operations that were in the exploratory phase,” and that going forward, it would focus on four key business areas: “smart home, outdoor/garden, smart mobility, and embodied AI.” 4 trillion private fund industry, singling out Dreame in the process.

After becoming one of the world’s largest manufacturer of vacuums, the company quickly moved into a variety of new businesses, spawning nearly a thousand affiliated ventures related to smartphones, robotics, and cars. 9 seconds.

7 miles). The company claimed its boosters would deliver 100 kilo-Newtons of force.

But the concept raised a lot of questions, including some basic ones about how Dreame could make a car accelerate so quickly without breaking the laws of physics. Apparently Dreame didn’t have any answers to these questions, as the car itself was fully vaporware.

Former employees told China Economy that the concept that was shown off in San Francisco lacked an actual chassis and was driven via remote control. ) The news that Dreame’s vaporware car was totally vaporware will come as little shock to those familiar with the showy, boastful promises of companies that have never actually built a car suddenly deciding to build a car.

Faraday Future, another Chinese companies with ambitions to build all manner of electric, autonomous vehicles, ran into this exact problem nearly a decade ago. And it also faced accusations of operating self-driving cars for public demos via offstage remote control.

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