Faraday Future gets another lifeline to build EVs in China

Faraday Future gets another lifeline to build EVs in China

The news is pretty surprising, considering Faraday’s messy relationship with its last partner, Chinese real estate firm Evergrande. That company promised $2 billion, but withdrew the offer after Faraday blew through the initial $800 million payment more quickly than expected. A promise of further financing collapsed, in part, over the condition that Faraday founder Jia …