Sentences with phrase «tiny electric car company»
He also promised that the tiny electric car company would be cranking out «a few million cars» by 2025, putting it eye - level with BMW in terms of production and far surpassing the company's 2014 production tally of just 33,000 units.
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Documents prepared for Chinese investors in early 2016 by Faraday's finance team and not previously made public show the company was pitching a $ 1 billion convertible bond offering, saying it planned to build a range of seven electric vehicles, from an ultra-luxury flagship to a tiny commuter car.