Tag: Faraday Future

Oct 6, 2020 - 03:03 pm

Faraday Future targets IPO with shell company

Faraday Future is aiming to go public. Although the electric car startup announced this step about a year ago, with the announcement of its new strategy, Faraday Future now seems to be taking concrete steps.

Weiterlesen
Sep 7, 2020 - 02:12 pm

Stellantis can choose from three EV platforms

The planned merger of the car companies PSA and FCA under the name Stellantis will apparently be able to rely on three electric car platforms. In addition to the existing platforms eCMP and eVMP, according to a new report from Italy, a base developed by FCA will also trade for larger electric cars.

Weiterlesen
Sep 21, 2019 - 10:28 pm

Faraday Future with new business strategy

The Californian EV startup Faraday Future announced its new strategy shortly after appointing Carsten Breitfeld as new CEO. The aim is to start series production of the FF 91 in September 2020 and deliveries shortly thereafter.

Weiterlesen

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Aug 28, 2019 - 11:58 am

Faraday Future chance as CEO steps down

The crisis-ridden Californian electric car startup Faraday Future plans to comprehensively restructure. CEO Jia Yueting is stepping down as CEO in order to save the company and pay his debts.

Weiterlesen

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Nov 12, 2018 - 10:30 am

Faraday employees turn to crowd-funding

After the financial situation at Faraday Future took a turn for the worse, employees have taken to the internet to crowd-fund the most important expenses to keep furloughed employees afloat.

Weiterlesen
Oct 31, 2018 - 02:54 pm

Faraday Future “efficiently insolvent” says founder

The funds of Faraday Future are ultimately depleted and the EV startup “efficiently insolvent” founder Nick Sampson declared in an email to employees. Himself and senior product VP Peter Savagian have left the company and most workers have been sent on unpaid holiday.

Weiterlesen
Oct 23, 2018 - 03:32 pm

Faraday Future cuts cost trying to stay alive

The crisis at Faraday Future continues after their fight with investor Evergrande Health remains unresolved. With funds running low, FF now had to lay off workers and cut the salaries of those who remain by 20 percent. This includes executives.

Weiterlesen
Oct 9, 2018 - 02:58 pm

Faraday Future: Their house is on fire once more

Things are back to normal at Faraday Future, only their normal is chaos. In summer all seemed better, after the electric car startup secured a 2BN dollar deal with Evergrande Health. But now both sides blame the other for trying to break the deal and on top there are rumours that the first FF91 car […]

Weiterlesen
Aug 29, 2018 - 04:08 pm

Faraday Future finishes FF 91 pre-serial model

Faraday Future has announced the successful completion of the first pre-series model of the electric SUV FF 91 at their factory in Hanford, California. The deliveries of the serial version will begin in the first half of 2019, according to Faraday.

Weiterlesen
Aug 15, 2018 - 12:52 pm

EV startup Faraday Future launching China operation

Faraday Future has set-up its operating headquarters in China, according to Evergrande Health, which owns a 45 percent stake in the electric vehicle startup. Five more bases for research and development are to follow across the country in the next ten years.

Weiterlesen
Jun 26, 2018 - 03:18 pm

Evergrande Health buys 45% of EV maker Faraday Future

Faraday has found yet a new future as Hong Kong’s Evergrande Health Industry Group acquires a 45 percent share in the EV startup for $1.2BN. Evergrande will buy the stake off Season Smart, that had promised to invest 2BN dollars into FF.

Weiterlesen
Jan 3, 2018 - 06:00 pm

Court seizes assets of LeEco founder Jia Yueting

After facing a lot of trouble regarding its companies, Jia Yueting is currently confronted with even worse news: The founder of LeEco and U.S. start-up Faraday Future once stepped forward to challenge Tesla – now, a court has seized all of his assets due to outstanding debts.
bloomberg.com, reuters.com

Dec 19, 2017 - 02:11 pm

Faraday Future is running a ghost operation

The future of EV start-up Faraday is increasingly bleak. Reports from its facility in California say it is deserted and devoid of equipment. On the Chinese end of things, FF’s top investor has been put on a debt blacklist. 

Weiterlesen
Jul 21, 2017 - 07:56 am

True to its name.

Faraday Future dares to dream and has asked Chinese architecture firm MAD to design a campus. The futuristic design is wild (if not mad) and borrows from science fiction. If one considers FF’s massive financing problems though, it seems surreal quite literally.
dezeen.com, i-mad.com

Jun 28, 2017 - 09:35 am

Pike’s Peak: Faraday Future beats Tesla.

In striking 11:25.083 minutes, Faraday Future’s FF91 finished the Pike’s Peak Hill Climb at this weekend, beating Tesla’s record. FF’s in fact achieved the fastest result a production EV ever did and was over 20 seconds faster than the Model S P90D.
electrek.co

Jun 26, 2017 - 07:49 am

Tesla, Faraday Future.

Reading tip: Tesla is working on a music streaming service of its own and allegedly started talks with big music labels already. The company’s idea is to offer as many sources as possible so Musk and Co. do not want to rely on existing services like Spotify or Apple Music.
recode.net

Video tip: A bunch of new videos show the FF91 prototype by Faraday Future being tested for the Pikes Peak Hill Climb. The race has become kind of a proving ground for new EVs, among them Tesla’s Model S and Rimac’s race car.
electrek.co

Apr 5, 2017 - 08:21 am

Faraday Future vs. Tesla Model X.

Discreet pursuer: Obviously, Faraday Future includes a Tesla Model X in trials for its own electric and autonomous vehicle. Its FF91 prototype got now spotted in West Hollywood but not alone. The vehicle closely followed a specially equipped Model X – unlikely that this happened only by chance…
electrek.co, carscoops.com

Mar 6, 2017 - 12:32 pm

Faraday Future, BYD, Mini, Volkswagen, Range Rover, Lucid.

Faraday-Future-FF91-CES-1500x750-300x150Faraday Future kept its ground in the desert of Nevada and said its “1bn dollar investment in the region over the next few years has never changed.” Contrary to previous reports, the plant will not be scaled back but instead include an additional facility to produce the FF91. There have been delays, but the EV start up announced it has entered Phase 2 of constructions after the earth has been moved.
automobil-produktion.de (in German), ff.com

BYD to build e-trucks in USA: Works to expand BYD’s facility in Californian Lancaster have started as planned. The Chinese manufacturer will not only build electric buses but electric trucks there as well. The firm said it sold 150 electric trucks in the USA in just two years and its all-electric line-up covers a range of applications from vans and refrigerated trucks over garbage collection EVs to tractors.
cleantechnica.com, trucks.com

Mini PHEV pricing: BMW issued the price for the plug-in hybrid Countryman. The hybrid-electric variant will cost from 31,585 GBP in the UK, where launch is due this June. The new Countryman is the largest Mini model yet and thus on par with other the C-segment cars like the VW Golf or Audi Q3.
autocar.co.uk, automotiveworld.com

I.D. Buzz to debut in Europe: Volkswagen will bring the I.D. Buzz concept to Geneva to display it in front of an European audience for the first time. The electric minibus study had its actual debut in Detroit but still VW has not set an actual date for market entry. At least a new video gets the buzz going.
volkswagen-media-services.com, youtube.com

Velar in full view: Jaguar Land Rover took the veils off its SUV and also reveals some details. Still it remains unclear if the Velar will be electrified in any form, although CEO Ralf Speth has at least considered a hybrid variant. Maybe JLR will tell us more in Geneva, once the Velar had its debut.
autonews.com, landrover.com

Exclusive Launch Edition: First buyers of the Lucid Air must prepare to pay 165,000 dollars for the electric sedan a recent promotion event revealed. EV maker Lucid Motors targets sales of 255 in its first year once the Air with its 1,000 hp system and 130 kWh battery hits the market by 2019.
insideevs.com, fastcompany.com

Feb 13, 2017 - 11:14 am

No Future for Faraday?

Faraday Future takes one financial hit after another. The latest is a 210k lawsuit over a domain. FF.com was sold for 1.4m dollars to the EV maker by the Bank of America but Faraday cut out the middleman in the process, who sues now. FF may as well stand for FinancialFail.com
carscoops.com

Found on electrive.com
https://www.electrive.com/2020/10/06/faraday-future-targets-ipo-with-shell-company/
06.10.2020 15:54