Chinese electric car firm Faraday Future grabs $225m in bridge financing

Chinese electric car firm Faraday Future grabs $225m in bridge financing

FF91 is Faraday Future's flagship model and first production vehicle. Photo: Company website

Chinese electric vehicle developer Faraday Future said on Tuesday that it had obtained up to $225 million in bridge financing from a U.S. merchant bank to allow it to complete the development of its flagship FF91 model.

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