https://www.cnet.com/roadshow/news/faraday-future-new-funding-beyond-evergrande-arbitration/

The Faraday Future-Evergrande brouhaha has been ramping up in recent weeks. In June, Evergrande Health assumed another company's commitment to fund Faraday to the tune of $2 billion dollars. The initial investment of $800 million came, which Faraday said it burned all the way through, and the fledgling automaker asked its primary stakeholder for another $700 million to continue meeting its financial obligations. Evergrande apparently declined, but it reportedly wouldn't let Faraday find money in other ways, and Faraday subsequently took Evergrande to arbitration over it.

"Evergrande has taken unreasonable actions including pushing FF into a 'cash crunch' with the attempt to gain control and ownership over FF and all of FF's [intellectual property] globally," the statement reads. Evergrande did not immediately return a request for comment.