Electric car startup spun out of Faraday Future ‘EVelozcity’ claims to have raised $1 billion

This post was originally published on this site

We first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, a few months ago and it might already be a $1 billion company.

The startup now claims to have raised ~$1 billion to bring its electric vehicles to market. more…