Electric-vehicle maker Faraday Future Intelligent Electric is delaying the start of production of its first vehicle, citing supply-chain issues and the need to raise more cash.
The Los Angeles-based startup said in a regulatory filing Monday that it would push back production of its FF 91 electric SUV in the U.S., and that it aimed to start building it in the third or fourth quarter of this year. Previously, the company said production would start this month.