Faraday Future Overview Updated June 23, 2017

Faraday Future

See All Faraday Future Stories

88 Faraday Future stories

July 2015 - June 2017


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 23

The Pikes Peak International Hill Climb has somewhat become a proving ground for electric vehicles over the years. A Tesla Model S set a new record for a production electric vehicle, Rimac also did an impressive job with its all-electric 1.1 MW monster racecar, and several all-electric bikes also made good impressions.

Now Faraday Future is trying to position its new FF91 has a top performance all-electric car and it is currently at Pikes Peak to prove it. expand full story

Faraday Future Stories June 5

While Faraday Future’s future is unclear as it attempts to raise a significant round of financing after its main backer, Jia Yueting from LeEco, is having liquidity issues, the FF91, the company’s first production-intent vehicle, is still very real and going through its test program.

This week, the electric car started showcased its dynamic vehicle control and announced that it will test it at the upcoming Pikes Peak International Hill Climb. expand full story

Faraday Future Stories May 26

Faraday Future’s troubles intensified over the past few months and as we reported earlier this week, it resulted in dozens of employees jumping ship.

Nonetheless, the company is apparently still investing in its factory under construction in Nevada, where its investment has now reached $174 million, though at a slower pace.They are now reportedly trying to raise a $1 billion round to complete the construction. expand full story

9to5toys 

Faraday Future Stories May 24

When Faraday Future first set up its electric vehicle development effort in 2014 and ramped it up in 2015 and 2016, it was a strain on Tesla’s team since it poached literally dozens of engineers from the electric automaker. 

Now it’s going the other way around as dozens of Faraday Future employees have been jumping ship as things are becoming gloomy at the company.  expand full story

Faraday Future Stories April 11

Faraday Future’s all-electric FF91 has been dubbed a classic electric “weird-mobile” by a lot of people. A term that might have originated from Tesla CEO Elon Musk referencing the way some automakers are designing EVs to specifically look “weird”.

I tend to agree based on the prototypes that FF unveiled in January, but we now get to see a matte black beta prototype, which definitely looks more badass than the silver and white prototypes with camouflage that Faraday showed before. expand full story

Faraday Future Stories March 31

Several companies developing electric vehicle and self-driving technologies have used Tesla’s vehicles, whether it was to reverse engineer them, like Audi did with the Model X, or to work on new sensors and autonomous driving technologies, like Bosch did with a Model S for its self-driving program.

Now Faraday Future is using a Model X as part of its test program for its own electric and autonomous vehicle. expand full story

9to5mac 

Faraday Future Stories March 22

Like Governor’s Office of Economic Development (GOED) did for Tesla’s Gigafactory last week, they released the quarterly report for Faraday Future’s own electric vehicle factory project in the state.

As of the last reported quarter (Q4 2016), the company reportedly made a $160 million capital investment in the project, but the only result so far is a lot of dirt being moved around. expand full story

Faraday Future Stories March 4

Nevada State Treasurer Dan Schwartz has been a strong opponent of the deal that brought electric vehicle maker Faraday Future to the state. He went as far as calling it a “Ponzi scheme.”

Schwartz is turning up the scrutiny on the company and dragged Tesla into it by calling for an audit of the deals they made with Governor’s Office of Economic Development (GOED). expand full story

Faraday Future Stories February 28

Before even unveiling its first car, Faraday Future had shown an impressive ability to attract top talent, but a few of them recently left the electric vehicle startup. They have been losing quite a few high-profile executives since financial and legal problems came to light over the past few months.

Nonetheless, they appear to have kept the ability to attract new top talent since we now learn that Stefan Krause (54), the former CFO of BMW and Deutsche Bank, is joining the company to lead its finance team. expand full story

9to5google 

Faraday Future Stories February 20

Despite highly publicized financial and legal troubles both before and after its big reveal at CES last month, it seems like Faraday Future is still alive and moving forward with its electric vehicle factory in Nevada.

A state official recently disclosed that the company invested $160 million in the factory, but they currently have little to show for after that sizeable investment.  expand full story

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