Faraday Future Secures $12M Capital Injection In Hanford Facility Acquisition, Boosts Production Prospects

Faraday Future Secures $12M Capital Injection In Hanford Facility Acquisition, Boosts Production Prospects

Upworthy

Published

Cash-strapped EV startup Faraday Future Intelligence Electric FFIE has recently made a strategic move by exercising its option to purchase its manufacturing facility in Hanford, California. Simultaneously, the company completed a sale-leaseback arrangement, injecting up to $12 million of…

#hanford #20futuristalliance #matthiasaydt #ffie #faradayfuture #futuristalliance #modelxplaid #model3

Full Article