Tuesday, August 16, 2022

EV maker Faraday Future to raise up to $600 million in funding

The electric-vehicle maker said it was in active discussions with investors in the United States and globally for "significant additional near-term funding" as it looks to start deliveries in the third or fourth quarter.

from Tech-Economic Times https://ift.tt/MXT2cuK

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Rare earth shortage hits electronic component companies

While applications under the scheme have surged past 110 now, at least 10 firms have sounded out worries at a time when the industry is keen...