The startup Faraday Future has found new money and partners for the further development of the FF91.
Faraday Future wants to push with an autonomous luxury e-car on the market and thus especially against Tesla compete. That failed in the meantime at the high costs. Now you have obviously found money and cooperation partners.
Screenshot of the homepage faradayfuture.com
The money comes from an investor Hong Kongwho wants to put $ 1.5 billion into the company. That could be the liberation of the heavily indebted company. The payment of the money is tied to success in development.
In addition, they have made cooperations for the further development. The suppliers include the partners Bosch, LG, Fuji Technical & Miyazu and Velodyne.
For the FF91 They have also forged an ambitious plan: The car should come to the end of this year on the market. In addition, they want to launch a smaller version for the Chinese market, the FF81. The model is scheduled for the next auto show in Peking to be introduced.
source (English)