This week, China’s LeEco canned the majority of its North American workforce and we assumed the layoffs spelled trouble for its business interests at Faraday Future. Not so, claims the automotive startup. In an emailed response to our earlier article, Faraday says LeEco’s decision to massively scale back its U.S. operations will not affect its daily goings-on or hinder the development of the FF91 electric vehicle.

Faraday Future spokesman Rich Otto also wanted to ensure us the company has no layoffs of its own planned. Obviously, the grim situation over at LeEco had everyone wondering if that was it for FF. But the aspiring electric automaker has come back with a resounding not as far as we’re concerned. (Read More…)