faraday future

  • Faraday Future signs lease on new turn-key manufacturing facility

    Faraday Future signs lease on new turn-key manufacturing facility

    Faraday Future recently abandoned plans to build its own tailor-made factory from scratch in Nevada, and now it’s signed a lease on a new ready-made production facility in Hanford, Calif. The switch in strategy reflects a broader shift in the electric carmaker’s approach, which has been scaled down for earlier ambitious and lofty goals based on the company’s economic… Read More

  • Faraday Future answers mounting challenges with high-profile CTO hire

    Faraday Future answers mounting challenges with high-profile CTO hire

    Faraday Future is an electric car company with a very uncertain future, following news that it would be ending its effort to build an assembly plant for its vehicles in Nevada. The company’s primary backer, China’s LeEco, is in dire financial straits, and the would-be Tesla challenger is facing its own heat as a result. Now, however, the company is revealing a big-name hire… Read More

  • LeEco delays payroll until August due to ‘financial constraints’

    LeEco delays payroll until August due to ‘financial constraints’

    Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to postpone July’s payroll until August 10th. This is at least the third time this year LeEco has delayed paying some of its workers. Right now, it seems only employees in China will not get a paycheck into August. Read More

  • Faraday Future is one step closer to the deadpool

    Faraday Future is one step closer to the deadpool

    Faraday Future might as well pack it up and call it a day. The company has reportedly abandoned plans to build a massive factory in the Nevada desert. This facility was going to cost $1 billion to build and employ 13,000 people. This is the second factory the company has announced that would not be built. Read More

  • Faraday Future cancels plans to build an assembly factory in California

    Faraday Future cancels plans to build an assembly factory in California

    Faraday Future, the would-be Tesla rival facing well-documented challenges in terms of capitalization and efforts to bring its first production vehicle to market, has scrapped plans to construct an assembly facility and “experience center” (read: showroom) in Vallejo, California on Mare Island. Read More

  • Nine manufacturers set for 2018 Formula E season

    Nine manufacturers set for 2018 Formula E season

    Formula E announced the nine manufacturers that will race electric cars in seasons five, six, and seven. You may think this is no big whoop, but it is. Here’s why the whoop is big: beginning in season five, each team will race one car per driver for the entire race — like every other racing series on the planet — rather than two. Because battery technology lagged behind… Read More

  • Faraday Future said to be scaling back its electric car model lineup

    Faraday Future said to be scaling back its electric car model lineup

    Faraday Future is scaling back some of its ambitions, according to Reuters, taking its planed product portfolio from seven electric vehicles to just two, and also reducing the size of its planned assembly factory in Nevada. The factory size reduction was confirmed by a North Las Vegas city manager, and will see the facility occupy less than a third of its original planned footprint. The… Read More

  • Faraday Future sued by visual effects studio for $1.8 million

    Faraday Future sued by visual effects studio for $1.8 million

    There’s a chance some of Faraday Future’s videos and photos feature special effects instead of images of the real vehicles. And now the company known for creating such promos for other automakers is suing Faraday Future for $1.8 million alleging the car company skipped out on the check. According to the lawsuit documents on Jalopnik, Faraday Future contracted The Mill Group in… Read More

  • Here is Faraday Future’s first production car, the FF 91

    Here is Faraday Future’s first production car, the FF 91

    At a very big event in Las Vegas ahead of CES, Faraday Future showed off the FF 91 — its first production car — and show off a few of its features. Faraday Future has been in the news a lot lately, but not necessarily for good reasons. In November, the company’s factory construction was paused and putting its targeted ship date at risk among a host of other issues. Faraday… Read More