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Friday, 01/29/2021 9:59:20 AM

Friday, January 29, 2021 9:59:20 AM

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- China’s Zhejiang Geely Holding, parent of Geely Automobile and owner of Volvo, said it would be a minority investor. It will offer engineering and technology support. Together with Foxconn, formally known as Hon Hai International, Geely is also in talks to provide contract manufacturing services to Faraday Future. An unnamed major Chinese city also will be an investor.

- Credit Suisse and Stifel advised Faraday while Deutsche Bank and Riverside Management Group advised Property Solutions Acquisition.


BREAKINGVIEWS-Shaky electric-car maker zips into market mania
10:04 PM ET 1/28/21 | Reuters