China's EV startup Faraday Future ends dispute with main investor

China's EV startup Faraday Future ends dispute with main investor

FF91 is Faraday Future's flagship model and first production vehicle. Photo: Company website

Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group Ltd, ending a bitter legal fight and clearing the path for raising funds.

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