Electric vehicle startup Faraday Future stops work on Nevada factory

by SpeedLux
Faraday Future FFZero 1 concept images

Faraday Future, the electrical automobile start-up backed by Chinese billionaire Jia Yueting, stated on Tuesday that it has stopped construction on a planned $1 billion factory located in North Las Vegas, Nevada.

The business, which is based in Gardena, California, said it prepares to reboot work on the plant in 2017.

Last month, Faraday Future is set to unveil its production car at CES 2017.

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