Bowing to inevitable, Faraday Future scales back plant plans

Faraday Future FF 91During a press conference at the 2016 Consumer Electronics Show, Faraday Future announced plans to build its first electric car within two years. Later in 2016, it selected a site for what it claimed would be a $1 billion electric-car factory to be built in North Las Vegas, Nevada. But work at the site stopped late last year, and a new report...