Geely in talk with Faraday Future
Geely in talk with Faraday Future
Geely in talk with Faraday Future for offering contract manufacturing service
EV startup Faraday Future (FF) attempts to produce some of its all-electric vehicles in China by building a vehicle plant and is working on enlisting the help of China’s Geely in contract manufacturing services, according to a media outlet, quoting three sources with knowledge of the matter.
Faraday Future’s FF 91 is said to start at $150,000 and can go upwards to a staggering $200,000.
The embattled startup told potential investors earlier this month it planned to set up in a “first-tier Chinese city” a car plant with an annual capacity of 100,000 vehicles at the initial phase, one of the sources said, adding FF was considering to open a R&D hub in the same city.