FF receives another US$30 million in new round of financing

After completing a $30 million financing in September, Faraday Future (FF) announced on December 23 that it had successfully raised another $30 million in a new round of funding. The funds will be used to advance the company's FX strategy, which aims to launch a mass-market model with "twice the performance and half the price" in the U.S. market, fill the structural gap in the U.S. electric vehicle market, and promote the company's overall development strategy.