US SEC drops its four-year-old investigation into EV startup Faraday Future, TechCrunch reports

Faraday Future Intelligent Electric

22/03/2026 20:00

March 22 (Reuters) - The U.S. Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future FFAI.O, despite SEC staff on the case recommending an enforcement action last year, TechCrunch reported on Sunday, citing sources.

Reuters could not immediately verify the report.

 (Reporting by Angela Christy in Bengaluru; Editing by Chris Reese)

 ((AngelaChristy.M@thomsonreuters.com;))