Faraday Future gets a $2 billion lifeline to build expensive crossover
By feedback@highgearmedia.com (Eric C. Evarts) Faraday Future, the fledgling Tesla competitor working to build a $300,000 electric SUV, has been thrown a financial lifeline. Evergrande Health, a division of a large Hong Kong conglomerate, has committed to invest $2 billion to keep alive the all-electric luxury SUV project, according to a report in TechCrunch. Faraday …read more