Faraday Future

  • Faraday Future completes first pre-production FF91 on August 28, 2018

    The fledgling electric-car startup secured a bridge loan and will sell stock to continue production on its luxury sedan.

  • Volkswagen self-driving car prototype testing in Hamburg, Germany - April 3, 2019
    Tesla Autopilot updates, Lucid gets clearer, Faraday's Future: Today's Car News

    Lucid Motors gets funding to build its Air. Faraday Future releases details on the future product it plans to build for China. Tesla has updated its Navigate on Autopilot system to be a little more autonomous. And we look at why the federal tax credit may need limits. All this and more on Green Car...

  • MPV designed by Faraday Future, for joint venture with The9
    Faraday Future joint venture to create electric MPV based on FF91

    Last month the troubled electric car hopeful Faraday Future was given (another) new lease on life, via a new joint venture with The9, a Chinese online game company, that will produce a new model for the Chinese market based on Faraday’s nearly mothballed FF91. It’s now a lot clearer...

  • Teaser for Canoo concepts
    Tesla service, Faraday Future lifeline, EV sales, Canoo: Today's Car News

    In an effort to speed up wait times at its service centers, Tesla is eliminating regular annual service visits for its cars. Canada is planning on launching its first nationwide tax credit for electric cars. A new report estimates that by 2030, almost 70 percent of new cars sold in the U.S. may...

  • Faraday Future FF91 prototype
    Faraday Future gets new money from gaming company to build in China, and the US

    The shame of Faraday Future's financial struggles is that it has what looks to be a viable new electric car, not just on paper, but ready to roll on the road—in prototype form—that may never actually make it to market. On Sunday, the company revealed a new joint venture with a...

  • 2020 Volkswagen ID Neo spy shots
    Tesla Autopilot ranking, GM EV investment, VW battery pact, Faraday fire sale: Today's Car News

    A new study is not kind to Tesla's Autopilot. GM announces a new electric Chevrolet to sell alongside the Bolt EV—but it wouldn't say what. Volkswagen forms an alliance to develop European batteries for EVs. And Faraday Future hosts a fire sale. All this and more on Green Car Reports. Facing...

  • Faraday Future FF91 prototype

    Faraday Future has been selling like crazy lately. Only, not its cars. The company announced last week that it is seeking a buyer for its original factory site in Las Vegas, where it announced at the 2017 Consumer Electronics Show that it would build its future FF91 and FF81. It also announced then that it had sold its Gardena, California, headquarters in a lease-back deal with a real-estate company. READ THIS: With cease-fire agreement, spark flickers toward Faraday's Future After introducing the FF91 in Las Vegas in 2017, the company announced that it had bought the 900-acre parcel north of...

  • Infiniti Q Inspiration, 2018 Detroit auto show
    Faraday's Saab future, Nissan-Infiniti hybrids, global Geely: Today's Car News

    Nissan is working on a more powerful hybrid system for U.S. models. Geely gives a peak at its first electric model planned to go on sale worldwide. And our Twitter poll last week answered which electric pickup may cross the finish line first. All this and more on Green Car Reports. After ending a...

  • NEVS 9-3 concept, 2017 CES Asia
    Faraday Future funder writes its own Saab story

    Chinese health insurer Evergrande Health really wants in on electric cars. After backing Faraday Future and running into a feud with its Chinese founder Jia Yueting, Evergrande on Tuesday bought a controlling interest in National Electric Vehicles Sweden, the Chinese company that bought the rights...

  • Volvo 40.2 concept
    Volvo Polestar 2, Tesla Model 3 range, self-driving Lexus: Today's Car News

    Tesla bumps up the range of its Mid Range Model 3, slightly and announces it will start delivering Model 3s to China in March. Volvo teases a look at its first electric model, the Polestar 2. Faraday Future flutters its eyes open, looking for its future, as it agrees to a mutual cease-fire...

  • Faraday Future FF91 prototype
    With cease-fire agreement, spark flickers toward Faraday's Future

    Like a prizefighter listening to counts of "eight" and "nine," Chinese electric-car startup Faraday Future, has started groaning, sputtering, and trying to stand. The company, which sputtered to a start building prototype electric luxury cars last year, then was abruptly knocked out when its new...

  • Steve and Janet Wozniak with new 2016 Tesla Model S, December 2016  [source: Steve Wozniak Facebook]
    Ghosn out at Nissan, VW I.D. names, Faraday Future soap opera: Today's Car News

    Nissan announced it planned to remove Chairman Carlos Ghosn after an investigation revealed alleged financial misdealing. VW has no fun trademarking names for its new series of I.D. electric cars. The EPA plans to tighten emissions rules on heavy trucks. And cross-lawsuits reveal the underlying...

  • Faraday Future FF 91

    The story of Faraday Future keeps getting stranger. After making a splash at the Consumer Electronics Show in 2017 and announcing plans to build a giant new factory in Las Vegas, then virtually disappearing when it ran out of money, the company was revived with a new investment this year, bought a much smaller factory in California, produced several prototypes, and is now collapsing again. On its way down a seemingly endless financial whirlpool, the company laid off or furloughed the majority of its employees and has launched a legal war against its latest benefactor. Its five founding...

  • Waymo self-driving car
    50 million VWs, Faraday Future exodus Tesla Track Mode: Today's Car News

    VW announced plans to build almost as many electric cars as it did diesels. Faraday Future's last founding executive steps away. Tesla introduces Track Mode on Model 3 Performance cars. And we hear which electric car our Twitter followers would buy in our latest poll results. All this and more on...

  • Faraday Future FF 91
    GoFundMe campaign aims to keep Faraday Future employees afloat

    When some companies fall on hard financial times, they turn to Wall St. to sell stock or to banks to get loans. Faraday Future has tried all of that and is trying to raise another $500 million in cash or debt to continue developing its $300,000 electric luxury car. In the meantime, its employees...

  • Faraday Future completes first pre-production FF91 on August 28, 2018
    GM EV1 exec leaves Faraday Future (Updated)

    In the midst of the latest round of financial turmoil at the company, Faraday Future has lost a key executive, according to a report in the Verge. Peter Savagian was senior vice president at Faraday Future. And he was the chief engineer of General Motors' EV1, arguably the first mass-produced...

  • Lexus Safety System+ and Toyota Safety Sense
    GM electric plans, Faraday's future, expanding charger access: Today's Car News

    GM plans to announce a major shift in manufacturing that could benefit electric cars. Chevrolet introduced a concept electric drag racer. Charging networks join forces. And Faraday Future loses a key executive in financing turmoil. All this and more on Green Car Reports. Multiple sources indicate...

  • Faraday Future completes first pre-production FF91 on August 28, 2018
    Does Faraday have a Future? Latest financing disrupted—again

    Faraday's Future has hit another snag, in a dispute with the company's latest investors. The development of the luxury electric Faraday Future FF91, has been a roller-coaster ride of winning financing, running into disputes, delaying the car, and finding new investors. DON'T MISS: Faraday Future...

  • Faraday Future FF 91 first pre-production prototype in Hanford, California factory

    The Faraday Future factory is up and running. It produced its first complete pre-production electric car on Tuesday, after building its first production body late last month. A company memo leaked to Green Car Reports reveals that Faraday plans a party to celebrate the milestone at its assembly plant in California's Central Valley on Tuesday. The Faraday Future FF91 crossover SUV is intended to be an ultra-luxury electric competitor to Tesla with a range of 385 miles and a price tag over $300,000—think an electric Rolls Royce. “It is inspirational for us at FF to see all the parts...

  • Faraday Future plant in Hanford, California
    Faraday Future promised $1.5 billion, says FF 91 will arrive by end of this year

    Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to...

  • Faraday Future FF 91
    Faraday Future, primary investor crushed by mounting debt, lawsuits

    Struggling Faraday Future and its founding investor Jia Yueting are facing financial and legal woes that threaten the company's existence. Jia specifically has been placed on an official list of debt defaulters on a website run by the Chinese government after the LeEco founder failed to follow a...

  • Faraday Future FF 91
    Jaguar Land Rover owner denies stake in electric-car maker Faraday Future: updated report

    Most reports on startup electric-car maker Faraday Future tend to describe it as "struggling," and that may be an understatement. It halted work at its Nevada-based production facility in 2016; the startup company's main backer, China's LeEco, acknowledged this past May it was experiencing...

  • Tesla Motors, Palo Alto, California
    Odds for auto startups are incredibly high; can Tesla beat them?

    Much of the energy and growth in the U.S. economy comes not from large corporations but from small startup companies, as economic data shows. By now, the model of a young, energetic entrepreneur with a bright idea who turns it into a world-changing business is well established. Think Facebook or...

  • 2016/2017 Faraday Future Dragon Racing Formula E race car
    Faraday Future, short on cash, to leave Formula E electric-car race series: report

    Faraday Future may abandon its Formula E racing efforts to save precious funds as the electric-car startup company scales back many of its ambitious plans. The FIA Formula E series, which will receive an influx of new competitors in 2019, has become a de facto arena for automakers to test battery...

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