faraday future

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

Faraday Future’s factory construction paused; shipping timelines at risk

Electric vehicle maker Faraday Future may not be able to make its first cars in time to hit its 2017 shipping deadlines, according to a new report by the Financial Times on Thursday. It's hard to ship

LeEco secures $600M in fresh funding as financial issues reportedly halt electric car project

There's good news and bad news for LeEco, the ambitious Chinese tech company that is working on electric cars, smartphones, smart TVs and more.

Faraday Future says it’s finally going to show us a real car at CES

The concept car is basically always a vehicle of pure puffery, and carmakers go above and beyond when it comes to teasing the future. But few are as accomplished on this scale as Faraday Future, the m

Los Angeles is a transportation tech powerhouse

Los Angeles is famous for two things: entertainment and traffic. Back in the 1950s, any association with “stars” and “cars” would be the envy of any modern city. But today, that’s sometimes

Formula E grows, gains cred

This morning, Faraday Future Dragon Racing unveiled its livery for the third season of the Formula E all-electric open-wheel racing series in Hong Kong. The car’s black-and-white fade pattern ec

Faraday Future partners with Chevy Bolt-supplier LG Chem on batteries

How do you prove you’re serious about making electric cars? A partnership with one of the suppliers currently producing batteries at scale for shipping vehicles is a good start. Faraday Future a

This could be Faraday Future’s answer to the Tesla Model X

Faraday Future is driving a camouflaged version of a real upcoming production EV in LA, according to Electrek. The site reports that a candid shot of a covered-up SUV is actually a test vehicle from t

LeEco plans to build a $1.8 billion plant to take on Tesla

LeEco’s not just messing around with this whole electric car deal. Back in April, the Chinese electronics company best known for its TVs and smartphone (once named LeTV, if that rings more bells) ca

Faraday Future says it is also making an autonomous car

Chinese-backed electric car maker Faraday Future says it is working on a self-driving vehicle. The company not so secretly owned by LeTV joins a growing list of tech companies making autonomous cars
Load More