Faraday Future may have received a $1.5 billion lifeline
- Safi Bello
- Feb 14, 2018
- 1 min read
Engadget ---------- To say Faraday Future has had a rough time would be an understatement between its financial crisis, executive exodus and CEO troubles. However, things might be looking up for the electric car maker. A Business Insider source has claimed that an unnamed Hong Kong backer has promised a $1.5 billion investment, $550 million of which is "already in the bank." That only goes so far with an automaker, but it's reportedly enough to speed up development of the FF91 and get it on the market by the end of 2018. To learn more click on the picture below to read the article.
Comments