Faraday Future, short on cash, to leave Formula E electric-car race series: report

By [email protected] (Sean Szymkowski) Faraday Future may abandon its Formula E racing efforts to save precious funds as the electric-car startup company scales back many of its ambitious plans. The FIA Formula E series, which will receive an influx of new competitors in 2019, has become a de facto arena for automakers to test battery technology and gain valuable experience in…

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