English English English Türkçe (Türkiye) Türkçe (Türkiye) italiano (Italia) italiano (Italia) español (España) español (España) français (France) français (France) polski (Polska) polski (Polska) svenska (Sverige) svenska (Sverige) srpski (latinica, Crna Gora) srpski (latinica, Crna Gora) Deutsch (Deutschland) Deutsch (Deutschland) Nederlands (Nederland) Nederlands (Nederland) suomi (Suomi) suomi (Suomi) hrvatski (Hrvatska) hrvatski (Hrvatska) српски српски lietuvių (Lietuva) lietuvių (Lietuva) latviešu (Latvija) latviešu (Latvija) español (México) español (México) English (Malta) English (Malta) български български
Green Motion Car and Van Rental Locations Franchise / Affiliate Terms and Conditions Contact Book Now


Environmental Policy Social and Corporate Responsibility Green Heart Donation Giving Back Careers Our Fleet Electric Vehicles


Green Silver Gold VIP


Basic Plus+ Premium Premium+


Turkey South Africa United Kingdom View all



New locations Awards Environmental News View all

Cool Motion



Toggle Menu
Faraday Future is trying to raise 1 billion after running into cash issues

Faraday Future is trying to raise $1 billion after running into cash issues

The electric car start-up, Faraday Future, is trying to raise $1 billion after running into cash issues.

Once described as potential competition against Tesla, the company has now run into financial problems mostly due to their connection with Chinese billionaire, Jia Yueting.

Yueting, who was traditionally Faraday’s main backer, will no longer be investing in the franchise.

The company has been suffering from cash shortage since late last year, after over expanding.

Faraday has scrapped plans for opening a secondary facility in San Francisco, however they are still planning on opening a facility in Las Vegas.

To keep updated with the latest travel news, connect with Green Motion on Facebook, Twitter and Linkedin.

To make a low carbon car rental booking at any one of our 300 global locations, please contact Green Motion car hire directly at greenmotion.com or +44 (0) 2071864000.