Wednesday, February 1, 2017

China-backed electric vehicle startup Faraday scales back U.S. plans

DETROIT/BEIJING, Feb 1 (Reuters) - Electric luxury car

startup Faraday Future, one of several Chinese-funded companies

taking aim at Elon Musk's Tesla Inc, is throttling back

on plans to build vehicles in the United States, the company and

public officials said.

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