The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg
The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg

Debt-ridden electric vehicle maker Faraday Future loses Zhuhai government as a crucial investor ahead of US listing

  • The government of Zhuhai had to pull its US$175 million investment as part of a private placement in a SPAC because of Beijing’s strict forex regulations
  • Although the shortfall was made up by other investors, it is still likely to be a blow to the indebted carmaker’s expansion plans

Topic |   Electric cars
The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg
The Faraday Future FF91 electric car is unveiled at the 2017 Consumer Electronics Show (CES) in Las Vegas. Photo: Bloomberg
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