faraday future

EV subscription startup Canoo, co-founder sued for alleged harassment

Just weeks after Canoo took the wraps off its electric vehicle, the Los Angeles-based startup and co-founder Stefan Krause have been accused of gender and marital discrimination, harassment, breach o

Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. It may have lost its original founding team, but the wheels are still rolling for embatt

Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch

Linear Labs’ next-gen electric motor attracts $4.5 million in funding

Linear Labs, a startup developing an electric motor for cars, scooters, robots, wind turbines and even HVAC systems, has raised $4.5 million in a seed round led by Science Inc. and Kindred Ventures. 

Faraday Future furloughs more employees as cash woes continue

For a company with such a forward-looking name, the road ahead has been looking pretty bleak for Faraday Future. Debts, fleeing executives and payroll delays have clouded the last year of the automake

Faraday Future loses the last of its founding executive team as problems deepen

There were five. And now, there are none. Faraday Future, the once-buzzy Chinese electric vehicle startup that has delivered lots of promises and fanfare, but has struggled to deliver an actual produc

[Updated] Faraday Future investor Evergrande Health now says the troubled startup is trying to back out of deal

Update: Faraday Future has responded to Evergrande Health’s filing with a public statement claiming that “contrary to what Evergrande has told the press and its shareholders, neither FF&

Beleaguered electric vehicle firm Faraday Future gets $2B investment boost

There’s a rare moment of cheer for floundering electric car maker Faraday Future after it landed a new investor and a fresh commitment of capital. Evergrande Health, a division of Hong Kong-list

Upstarts emerge to chase Tesla’s lead in electric vehicles

A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle star

Leshi Internet says it must repay $890 million in debts by the end of 2018

Leshi Internet, one of China’s largest video-streaming services, disclosed that it must pay back 5.62 billion RMB (about $890 million) by the end of this year. Leshi Internet’s (also known as Le.c

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 sw

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 pri

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&#821

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 bui

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 as

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

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 asse

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

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

Faraday Future’s big CES 2017 car reveal live blog

Faraday Future is a company whose future is incredibly uncertain, and it’s about to show us its stuff at CES 2017. The electric carmaker (or potential carmaker) has been in the news lately a lot
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