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June 26, 2018 02:42 pm GMT

Beleaguered electric vehicle firm Faraday Future gets $2B investment boost

There’s a rare moment of cheer for floundering electric car maker Faraday Future after it landed a new investor and a fresh commitment of capital. Evergrande Health, a division of Hong Kong-listed Evergrande, has taken a 45 percent stake inFaraday Future in a deal worth a total of $2 billion.Evergrande Health has taken over an […]

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