Posts Tagged: Faraday Future

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 »

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 »

Beyond Tesla: NextEV aims to produce Automobile 3.0

Chinese-backed startup NextEV has produced a Formula E race car, and plans to reveal an electric supercar later this year. “When we launch the car it will not be a concept,” Co-president Martin Leach told the International Business Times. “It will be engineered and validated and you will see it driving at some point shortly… Read more »

Faraday Future awarded patent for FF Echelon Inverter

EV startup Faraday Future (FF) has applied for more than 100 patents over the last year. This week it announced that its first one has been granted, for a new assembly process called “FF Echelon Inverter.” The inverter is designed to be small and simple. FF claims it achieves 20-30% greater power density than competitors’… Read more »