Faraday Future’s $1B EV Factory Is Still Just Flattened Dirt, Says Report

By [email protected] It’s been more than two months since Faraday Future unveiled its first prodution vehicle — a futuristic-looking, all-electric car with “faster-than-gravity” acceleration and an unknown price tag. The good news is that the Chinese-backed company hasn’t gone bankrupt since then. The bad news is that there isn’t much else to report.

Industry insiders were predicting Faraday Future’s demise shortly after the launch of the FF 91 at the Consumer Electronics Show in January. “If they don’t find money after CES…they will be out of money by February,” a former executive told The Verge. Faraday Future is facing several lawsuits and

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 7 times, 1 visits today)



© 2014 RenewaNews