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The financing of FF has not come yet. Jia Yueting plans to sell 40 million US dollars for survival.

March 14, 2019 13:03

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This is a 900-acre (about 5,463 acres) land in North Las Vegas, Nevada, USA.

On March 13, US time, Faraday Future (FF) announced that it will sell 900 acres (about 5,463 acres) of land in North Las Vegas, Nevada, for $40 million.

According to FF, the plot has undergone several renovations, of which 700 acres (about 4,250 acres) are fully equipped for immediate industrial construction.

In 2015, FF purchased land in the Apex Industrial Park in northern Las Vegas. FF said that with the adjustment of operations and manufacturing strategies, FF decided to take its flagship superluxuryThe production location of the electric vehicle FF 91 was moved to the factory in Hanford, California, and the renovation of the Hanford plant began at the end of 2017.

FF said that it will work hard to raise enough funds in 2019 to bring the FF 91 to market as soon as possible and prepare for the mass production of FF 81 in the future. FF also said that at present, many global investors have expressed interest in investing in FF.

(Article source: 21st Century Business Herald)

                (Editor: DF120)

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