Faraday Future Overview Updated June 26, 2018

Faraday Future

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100 'Faraday Future' stories

July 2015 - June 2018


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 Stories June 26

Electric vehicle startup Faraday Future confirms the long-rumored financing round that saved the company last year.

The California-based startup now announces that it closed $2 billion in financing to bring its electric vehicles to market. expand full story

Faraday Future Stories March 13

We first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, a few months ago and it might already be a $1 billion company.

The startup now claims to have raised ~$1 billion to bring its electric vehicles to market. expand full story

Faraday Future Stories March 12

Despite its many setbacks over the last few years, Faraday Future claims that it is now flush with money and still plans to launch the FF91, its first electric vehicle, by the end of the year.

The startup now teases a new fleet of prototypes ahead of the launch. expand full story

Faraday Future Stories February 14

Despite its production plan for the all-electric SUV FF91 falling apart over the last year, Faraday Future claims that it can still bring the vehicle into production by the end of the year.

The company appears so confident that it now even teases future vehicles this week. expand full story

Faraday Future Stories February 1

Only a few weeks after we first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, FF announced that they filed a lawsuit against them for alleged theft of trade secrets. expand full story

Faraday Future Stories January 2

Jia Yueting (YT), founder of LeEco and now CEO of Faraday Future (FF) was placed on a debt blacklist in China and asked to return home to face his creditors following financial issues. Now, he says that he needs to stay in the US to oversee the current fundraising round of his electric car startup. expand full story

Faraday Future Stories December 20, 2017

Over the past few months, things appeared to be out of control at the high-profile electric car startup Faraday Future. The new leadership brought in by billionaire founder Jia Yueting, including Stefan Krause, former BMW and Deutsche Bank CFO, and BMW’s head of EVs, Ulrich Kranz, along with several other high-profile employees, left in masses.

Now, sources have told Electrek that those same Faraday Future expats are launching their own electric car startup. expand full story

Faraday Future Stories November 13, 2017

It feels like Faraday Future, once a well-funded electric car startup with over 1,000 employees, has been fading away over the last few months.

Now it looks like the end is near as the company loses several members of its top leadership again. expand full story

Faraday Future Stories August 18, 2017

Faraday Future recently had one of its first good news in a while when it announced that it is moving into an existing factory instead of building its own in the middle of the desert.

It was seen as a more feasible approach to bring its first electric car to market.

But it looks like FF is still trying to figure out its whole business model as it sent out a survey to its followers for them to help “shape key aspects of their business.” expand full story

Faraday Future Stories August 7, 2017

After having abandoned (officially put on hold) its massive $1 billion electric vehicle factory in Nevada, Faraday Future is now announcing a new less ambitious factory to bring its electric car to market.

The new facility is in Hanford, California – roughly halfway between Los Angeles, where FF is based, and Silicon Valley.  expand full story

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