Faraday Future raises $100 Million to accelerate the FF 91 program

Faraday Future said today it has raised about US$100 million in debt financing commitments led by Ares, along with existing lender Birch Lake and other lenders joining the debt financing round. Birch Lake affiliates remain the Majority Notes Purchaser and Collateral Agent on the secured financing facility. According to Faraday Future, the new round of […]