China-backed electric vehicle startup Faraday throttles back US manufacturing plans

China-backed electric vehicle startup Faraday throttles back US manufacturing plans

A Faraday Future FF 91 electric car is displayed on stage during an unveiling event at CES in Las Vegas, Nevada January 3, 2017. REUTERS/Steve Marcus

Electric luxury car startup Faraday Future, one of several Chinese-funded companies taking aim at Elon Musk’s Tesla Inc, is throttling back on plans to build vehicles in the United States, the company and public officials said.

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