According to reports, Faraday Future is considering fundraising up to $2 billion through a Hong Kong IPO.

According to informed sources, the global leading electric vehicle lithium battery and energy storage system manufacturer Farasis Power is considering conducting its first initial public offering (IPO) in Hong Kong as early as this year. The sources said that the company is cooperating with banks on potential stock issuances. This IPO may raise between 1 billion and 2 billion US dollars.