Monday, 8 October 2018

Faraday Future investor Evergrande Health now says the troubled startup is trying to back out of deal

Evergrande Health, the investor that bailed out besieged electric vehicle startup Faraday Future in a deal worth $2 billion this summer, is now accusing it of attempting to break an agreement it made with previous backer Season Smart. In June, Evergrande Health announced that would it take over the financial commitment made by Season Smart last […] https://ift.tt/2BZxIAp Catherine Shu October 08, 2018 at 12:00AM

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