Faraday Future has announced that construction at its $1 billion factory in Nevada has been put on hold, shortly after we learnt about the financial issues of Jia Yueting, the billionaire businessman backing the electric automaker.
Read more ยป
Related News
Faraday Future Planning Massive $1 Billion Factory In NevadaThe newly formed American electric automaker Faraday Future has some very ambitious plans for the, well, future. Beyond its aim…
Faraday Future Stops Work On Billion-Dollar MegafactoryThe construction company employed by Faraday Future to build its billion-dollar megafactory in Nevada has confirmed that work on the…
- Nevada Officially Ends Relationship With Faraday Future
The State of Nevada's relationship with troubled electric car start-up Faraday Future has been severed.Read more »
Faraday Future Ditches Mega Factory Plans For A 'Mini-Factory'After halting construction on its 3 million square-foot factory in November 2016, Faraday Future has turned its attention to building…
Nevada Treasurer Reveals Concerns About Faraday Future's FinancesDespite its bold claims, start-up electric automaker Faraday Future will have to prove it has enough cash to build a…
Nevada Treasurer Not Convinced With Faraday Future's PlanNevada treasurer Dan Schwartz has expressed his concern about the funding of start-up electric automaker Faraday Future.Read more »
Faraday Future Reportedly Secures $1 Billion In FundingFaraday Future founder and Chinese investor Jia Yueting claims that the electric startup has secured $1 billion in additional funding.Yicai…
Faraday Future Hires Ex Ferrari ExecutiveThere are lots of start-up companies with big ambitions, but how many hire ex-Ferrari bosses? Read more »
Faraday Future Secures $1.08 Billion For Electric Sports Car DevelopmentLeEco, the Chinese company behind California-based Faraday Future has raised $1.08 billion to develop an electric sports car which will…
Nevada Inked $335 Million Deal With Faraday Future Without Knowing Its FinancialsIt has emerged that state officials from Nevada approved $335 million in tax credits for Faraday Future without knowing about…
- Nevada Treasurer Wants Audits of Faraday Future's And Tesla's Tax Credits
Nevada State Treasurer Dan Schwartz has been an outspoken critic of Faraday Future and has just announced an audit of…
- Faraday Future Looking To Raise $1 Billion As Main Backer LeEco Struggles
Faraday Future is reportedly looking to raise $1 billion in a bid to protect itself from the financial problems of…
Faraday Future Strikes $2.4 Billion Battery Deal For China's Tesla RivalFaraday Future is believed to have struck a $2.4 billion deal with battery supplier LG Chem.Read more »
Faraday Future Unveils Revolutionary FFZERO1 ConceptThe veil on Faraday Future's advanced all-electric car, the FFZERO1 Concept, has just been lifted during a live presentation at…
Faraday Future Poaches Key Apple Car ResearcherA key researcher from Apple's 'Project Titan' car project has been poached by Faraday Future reports The Detroit Bureau.Read more…
Tata Motors Denies Faraday Future InvestmentHot on the heels of reports from China claiming that Tata Motors had invested $900 million in Faraday Future for…
Faraday Future Joins Formula E With Dragon RacingFaraday Future is jumping into Formula E. Only instead of launching its own team as Jaguar and others have, it's…
Faraday Future Releases Latest Teaser And Interactive WebsiteAnother teaser image of Faraday Future’s long-awaited model has been released prior to the model’s world premiere at CES 2017…
Faraday Future Loses Global CEO Days Before CESThe global chief executive of Faraday Future has stepped down from his position just days before CES 2017 kicks off.Read…
- Faraday Future Leases A New Production Site In California
Following a disastrous attempt to build a new production facility in Nevada, Faraday Future has signed a lease on a…
