From Faraday Future ran out of money — a huge factory canceled

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2017-07-12 10:00:04

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From Faraday Future ran out of money — a huge factory canceled Source:

Faraday of the Future, engaged in the development of electric cars, began very quickly, showing his electric supercar. Many predicted her future competitor to Tesla, citing steep investors and factory for a billion dollars, which had already begun to build. Unfortunately, the company LeEco, one of the main investors FF, she is now experiencing not the best times, therefore the flow of money, aimed at implementation of the plans of the wards, it was decided to reduce. But no money — no factory with all the ensuing consequences.

One of the most unpleasant — the inability to produce electric cars in the original volumes. In addition, potential and current investors remained wary and very reluctant to share the money necessary for the development of the electric vehicle FF91.

On Monday the company's management announced the suspension of the construction of a factory in Las Vegas. Instead, all resources are supposed to throw the end of the development and the search for a plant, able to quickly begin production of cars on existing strengths.

Car FF91, the assurances of developers, was supposed to be a rethinking of the idea of electric cars is therefore of great hopes. However, bad luck plagued the company for quite some time. Difficulties the representatives of the FF encountered at CES 2017, where the machine is initially failed, but overall left rather a pleasant impression.

Now the company is in a very difficult position, but all good !

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