[Global Scientific and Technological Report] According to foreign media reports on July 12, electric car manufacturer Faraday will cancel the plan to build a plant in Nevada in the United States because of funding issues.
Chinese entrepreneur Jia Yueting is the main investor of Faraday Futures. Due to turmoil in LeTV, Faraday will not be able to provide this estimated $1 billion worth of plants in Nevada.
For 13 years, Jia Yueting has developed LeSports Ecological Holdings Group from a video website to a commercial realm. Its business scope extends from consumer electronics to automobile production. However, the excessive speed of expansion and excessively wide operating areas have caused the company to face a serious shortage of funds.
In order to escape this predicament, Jia Yueting made many attempts. In November last year, Faraday suspended the project in Las Vegas in the future, saying that it was only a "temporary adjustment" and would not affect the plan to achieve production in 2018. The previous investment in this project has exceeded 120 million U.S. dollars. At the same time, Faraday is also selling an asset in Silicon Valley, which was acquired from Yahoo!
In order to compete with Elon Musk's Tesla electric car, Faraday is looking for a new factory in the future to produce the new FF91 car to accelerate the car's journey to the market and continue to implement the future in a more efficient manner. development strategy. (Internship compilation: Xu Jing reviewer: Li Zongze)
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