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March 27, 2017 06:11 pm GMT

Faraday Future cancels plans to build an assembly factory in California

Faraday Future, the would-be Tesla rival facing well-documented challenges in terms of capitalization and efforts to bring its first production vehicle to market, has scrapped plans to construct an assembly facility and “experience center” (read: showroom) in Vallejo, California on Mare Island. The car maker had already secured a negotiating agreement with the Vallejo city… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6OTMmF19oHs/

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