Faraday Future (FF) has announced an agreement with US Hybrid Corporation to advance the use of FF’s electric propulsion system in energy products currently under development by US Hybrid. The collaboration will expand the use of FF’s technology—first developed for passenger vehicles—into the commercial vehicle space. Specifically, the partnership will provide powertrain systems for commercial… Read more »
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Faraday Future signs $600 million agreement with Chinese game company The9
The9, a Chinese online game company, has signed a joint venture agreement with California EV startup Faraday Future to manufacture and sell the company’s EVs in China. The immediate goal of the agreement is to manufacture and sell Faraday Future’s V9 model, a luxury vehicle to be based on Faraday’s first production vehicle. Under the… Read more »
Faraday Future’s FF 91 starts down the assembly line
EV startup Faraday Future (FF) has announced that the first complete body-in-white for its upcoming FF 91 luxury EV has initiated full-vehicle assembly at the company’s new factory in Hanford, California. FF 91, first introduced at the 2017 Consumer Electronics Show, has undergone over two years of validation testing. “It is honestly inspiring to see… Read more »
Faraday Future raises $2 billion in first-round funding, secures US government approval
Faraday Future (FF) has confirmed that it raised $2 billion in first-round equity funding following approval by the Committee on Foreign Investment in the United States (CFIUS). FF is headquartered in Los Angeles, and has a manufacturing facility in Hanford, California, but a substantial amount of its funding comes from Chinese investors, so it needed… Read more »
Faraday Future leases new California factory
Faraday Future (FF) has signed a lease on a new manufacturing facility, and begun preparing the site for the installation of manufacturing equipment. The million-square-foot facility is in Hanford, California, strategically located between the country’s two largest EV markets, Los Angeles and Silicon Valley. The current tenants will move out in late November, and FF… Read more »
Former BMW head of EVs joins Faraday Future as new CTO
Faraday Future is navigating a hilly stretch of road. In January, it revealed its production-ready FF91 vehicle. In February, it ran into financial trouble and was forced to scale back its EV lineup and reduce the size of its planned Nevada factory. In July, the FF91 performed an impressive feat at the 2017 Pikes Peak… Read more »
Faraday Future’s FF91 sets record at Pikes Peak Hill Climb
Faraday Future’s FF91, which the company revealed in January, has performed an impressive feat – it beat a Tesla. At the 2017 Pikes Peak International Hill Climb, the FF91 set a record for the fastest production EV up the hill, with a time of 11:25.082 – more than 20 seconds ahead of the previous production-EV… Read more »
Facing liquidity problems, Faraday Future scales back its EV lineup
Faraday Future is scaling back its ambitions, according to Reuters, cutting its planned product portfolio from seven EVs to two, and also reducing the size of its factory in Nevada to 650,000 square feet, less than a third of its original planned footprint. When the company announced plans for its assembly facility in 2015, it… Read more »
Faraday Future reveals production-ready FF 91, announces over 64,000 reservations
Faraday Future (FF), the intriguing EV startup that employs several alumni of Tesla and other automotive and tech giants, revealed its first production vehicle, called FF 91, at a press event prior to the recent CES trade show. FF 91 features a monocoque vehicle structure that integrates the chassis and body, and a multi-motor setup… Read more »
Faraday Future begins work on US EV manufacturing plant
EV startup Faraday Future has begun construction of a $1-billion, 3-million-square-foot manufacturing plant in North Las Vegas. Industrial construction firm AECOM (NYSE:ACM) is handling the project, and is already engaged in demolition and grading at the site. The facility will include sustainability features such as prismatic skylights for daylighting, roof-mounted solar panels, and energy-efficient heating… Read more »