04/20/2024

Faraday Future scraps plans for California auto assembly plant

Troubled electric car maker Faraday Future continues to slim down its grand plans.

The Gardena-based company plans to build a technology-loaded luxury electric sedan called the FF 91. But cash flow has been a big problem.

The company said Monday that it’s ending negotiations with the Bay Area city of Vallejo to buy land for an automobile assembly plant.

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