EV startup Faraday Future seeks to scrap stake sale to China's Evergrande Health

EV startup Faraday Future seeks to scrap stake sale to China's Evergrande Health

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

Faraday Future, a start-up that is developing electric vehicles, is seeking arbitration to terminate a deal to sell a 45 percent stake to China’s Evergrande Health Industry Group Ltd, the healthcare firm said on Sunday.

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