Chinese billionaire investing $1b in Vegas to build 'cars of the future'

Chinese billionaire investing $1b in Vegas to build 'cars of the future'

Visual from Faraday Future website

Faraday Future, an electric car venture with backing from Chinese billionaire Yeuting Jia, announced plans Thursday to invest $1 billion to build its first manufacturing facility in Las Vegas to make what it touts as “cars of the future.”

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