Faraday Future Seeks To Scrap Stake Sale To Evergrande Health

Electric vehicle start-up Faraday Future, which was founded by disgraced Chinese entrepreneur Jia Yueting, is seeking to terminate a stake sale deal to Chinese healthcare firm Evergrande Health Industry Group Limited, accusing the largest shareholder of deliberately withholding promised payments and preventing it from seeking alternative financing. Evergrande Health, a subsidiary of Chinese property developer […]

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