Securities Times Online News: Faraday Future surged 78.41%. Previously, the company announced a $30 million financing, including $22.5 million in cash and $7.5 million in debt conversion, to support the company's growth, particularly its Faraday X (FX) strategy. The FX strategy aims to launch affordable and high-performance AI electric vehicles (AIEVs) in the US market. This funding will be used to strengthen core business operations and promote the production of FF912.0 models and FX brands.
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