Despite EV delivery delays, Faraday Future raises $90M to stay afloat

TechCrunch
By Rebecca BellanJun 27, 2023, 5:36 pm141 pts
Faraday Future has managed to raise $90 million from existing investors to help it get its much-delayed FF 91 luxury electric SUV to production and delivery. Faraday’s investors will also accelerate an existing commitment of $15 million, the EV company said Tuesday. Faraday is one of a litany of EV SPACs —…

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