Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters
Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters
Electric cars
Business /  Companies

Failed billionaire Jia Yueting’s electric car dream rekindled as Geely and other investors come to the rescue of Faraday Future

  • Some 30 institutional investors from China, US and Europe are investing US$1 billion in Faraday Future founded by failed Chinese tycoon Jia Yueting
  • Faraday Future and Property Solutions Acquisition Corp, a special purpose acquisition company, will merge and fund the production of the FF91 electric car

Topic |   Electric cars
Daniel Ren
Daniel Ren in Shanghai

Updated: 10:59pm, 28 Jan, 2021

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Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters
Journalists gather around a Faraday Future FF 91 electric car during an unveiling event at CES in Las Vegas, Nevada, on January 3, 2017. Photo: Reuters
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