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Faraday Future is an electric vehicle startup based in California. It was founded and it is being primarily financed by Chinese billionaire Jia Yueting.

Founded only in 2014, the company already has around 1,000 employees and reportedly raised 100s of millions.

It started construction on a $1 billion electric vehicle factory in North Las Vegas and plans to bring its first vehicle to market with the next 2-3 years.

Faraday Future Q4 and full 2022 results: FF 91 SOP this month pending millions in funding

Faraday Future Q4

Could we actually see tenacious EV startup Faraday Future begin production of its long-promised flagship EV, the FF 91 Futurist? According to Faraday Future’s recent Q4 and full 2022 financial report, production could begin as early as this month. However, much of the startup’s outlook and goals for 2023 are heavily contingent on the receipt of tens of millions in funding previously promised. Here’s the latest.

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Faraday Future has more funding lined up and targets March FF91 production, but there’s a big ‘if’

Faraday Future production

The saga of Faraday Future and its flagship EV, now referred to as the FF91 Futurist, continues. The long-running, almost enigmatic startup has come out today and announced another fresh round of funding to keep the company going. Better yet, Faraday Future is targeting a start of FF91 production in March with deliveries to follow in April. However, a lot still needs to solidify financially before those EVs potentially… finally, roll off of the assembly line.

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Woes continue for Faraday Future as it delays FF 91 production launch to seek additional capital

Faraday Future

EV startup Faraday Future continues its uphill battle to get its flagship EV, the FF 91 into production. According to its latest report, the launch of the FF 91, which was scheduled as early as this month, will be pushed deeper into 2022 as the company seeks additional capital to start production and beyond. This news is merely the latest chapter in the Faraday Future saga of struggle.

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Faraday Future announces partnership with Myoung Shin to manufacture mass-market FF81 EV in South Korea

Faraday Future FF81

Southern California EV startup Faraday Future has shared news of a new partnership with South Korean automotive manufacturer Myoung Shin to produce its FF81 mass-market EV. Start of production is scheduled to begin in Korea in 2024, following Faraday Future’s production of its limited run FF91 EV in the third quarter of this year.

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Faraday Future delays SEC filings amid internal review of short seller allegations

Faraday Future SEC

EV startup Faraday Future recently notified the Securities and Exchange Commission (SEC) that it is unable to file multiple reports pertaining to the third fiscal quarter of 2021. Faraday Future states the reason for the delay is due to a special committee performing an independent internal review into allegations made by a noted “short seller” in early October.

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Faraday Future launches FF 91 viewing experience in New York

Faraday Future New York

EV startup Faraday Future is celebrating the grand opening of what it’s calling the FF Futurist Experience in New York City, allowing the public to see its upcoming FF 91 EV up-close for the first time. This experience will coincide with Faraday Future’s pending SPAC merger to promote its flagship vehicle while the deal finalizes.

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Electric vehicle spotlight (EVS): Faraday Future

We continue to spotlight up-and-coming or lesser-known electric vehicle companies, with Faraday Future. The Los Angeles based-automaker has had its fair share of ups and downs and controversies around electric vehicle technologies. With its first production EV in road testing, Faraday Future remains an automaker to watch.

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Strange bedfellows: Fiat-Chrysler and Faraday Future working together on electric vehicles

Electric Jeep

Fiat-Chrysler (FCA) is in discussions about using EV technology from Faraday Future and Seres (formerly SF Motors), according to a report last week by The Verge. Current and former FCA employees said that Faraday Future retrofitted FCA vehicles with its electric powertrain and started road testing. That effort follows months of reported meetings between FCA and Faraday Future. With an FCA-Peugeot merger in the works, are we seeing signs of a new EV consolidated effort?

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Faraday Future can’t catch a break as it’s seemingly on the brink of failure again

Faraday Future’s story has been a roller-coaster. Once seen as the number one EV startup, it has since been crippled by severe financial and management problems.

It seems like the startup was finally out of the woods after a large Chinese holding company promised a massive $2 billion investment in Faraday Future, but after a fallout with the investors, the company recently had to lay off employees and cut salaries. Expand
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Faraday Future now flush with money pushes for FF91 production, does high-speed tests

We haven’t heard much from Faraday Future in 2018 as the troubled EV startup was trying to secure an important round of funding in order to get out of its seemingly constant financial troubles.

Now the company claims to be flush with cash after a $2 billion investment and they are getting ready to put the focus back on the FF91 all-electric crossover as they now test the vehicle at high-speed. Expand
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