Despite a year’s worth of absolutely scathing publicity and countering hype from the company, Faraday Future finally presented the world with an electric vehicle at the Consumer Electronics Show last night.

The car — called the FF 91 — would become the quintessential futuristic vehicle if it lives up to even a third of Faraday’s claims. Faster than any Tesla, with better range, more sensors, and an incredible user recognition program, it was an extraordinary example of what Faraday needs to bring to the table in order to continue existing.

Faraday’s presentation contained a number of strange moments that touched upon the myriad of criticisms against it, without addressing anything too directly. After two countdown timers, Senior Vice President of R&D Nick Sampson took to the stage to remind the press of Faraday’s achievements over the past two years — suggesting its incongruous structuring and clean-slate history were assets. Sampson presented a short film of FF’s factory construction locale in Nevada — currently stalled due to non-payment — and the following speaker introduced North Las Vegas’ mayor in a sign of good faith.  (Read More…)

Faraday Future continues to dispense epoch-making levels of hype as the company seemingly implodes. Last week, Faraday’s chief brand and commercial officer and its vice president for product marketing both abandoned the company. This week, they were followed by elusive Chinese overseer and “unofficial” CEO, Ding Lei. Of course, Faraday Future has already spent the last two years without a CEO — much in the same way it has functioned without sufficient capital, a clear business plan, or a tangible product.

Meanwhile, the company’s Twitter feed is excitedly counting down the days until it unveils something at the Consumer Electronics Show — making use of slogans such as, “When electricity could travel further, so could ideas.” At this point, I’m wagering ideas are just about all Faraday has left to offer.  (Read More…)

Faraday Future has yet to provide anyone the opportunity to say anything strictly positive about it this year. Even today, when there is the seed of good press stemming from a recent teaser video of its FF Prototype, the company remains mired by new allegations that highlight just how absolutely wrong everything about it appears to be.

A mountain of debt, an unsettling corporate structure, mounting lawsuits, staff abandonment, and problems with suppliers all coalesce to paint a grim portrait of the company as it draws nearer to its important reveal at January’s Consumer Electronics Show.

However, the details of a recent media expose wouldn’t look out of place in a sitcom.

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After a myriad of financial troubles and irresponsible corporate dealings, we assumed Faraday Future’s end was near. However, its spectral parent company now claims it has convinced more than ten Chinese companies to invest $600 million into its automotive division.

While the future of Faraday can not be considered even close to bright, the brand could theoretically hobble onward using this financial stimulus as a crutch. (Read More…)

Faraday Future has stopped construction on its billion-dollar electric vehicle factory in North Las Vegas. This is another blow against a company with intentionally foggy structuring, mysterious revenue sourcing, and an financially overburdened parent company.

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Jia Yueting, head of China’s LeEco, is finally copping to claims that there was insufficient money to support the company’s wild expanse into new territories.

This is particularly bad news for the moderately sketchy American automotive startup Faraday Future, which is strategically partnered with LeEco and is quite possibly doomed if its parent doesn’t shape up.

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If you were thinking a vehicle manufacturer backed by a billionaire with a futuristic hyper-car concept and hundreds of millions of dollars in government tax incentives wouldn’t have problems paying the bills, you would be wrong.

That, Hyundai executives are taking a “voluntary” cut in pay, German prosecutors could be letting Volkswagen’s top brass off the hook, and Honda markets a car you can only drive in California… after the break!  (Read More…)

A company that still has yet to build its “game-changing” car will need to find another “storyteller.”

That, the UK will finally have an answer to The Clash, and Cadillac has a dogfight with Silicon Valley … after the break.

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Nevada, home to Tesla’s “Gigafactory,” is taking a different tack with its other soon-to-maybe-be electric vehicle producer, Faraday Future. To make sure its $215 million package of tax incentives and abatements actually creates a factory that will employ Nevadans, the state has levied a number of conditions on Faraday, which includes putting up millions of dollars to develop the future 18,000-acre Apex Industrial Park site the company will call home.

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Faraday Future revealed its FFZERO1 Concept in Las Vegas on Monday night. It is a striking artifact that continues to keep the company’s product plans mysterious. This “car of concepts,” as Head of Design Richard Kim called it, is an extreme expression containing select elements that foreshadow the company’s production vehicles.

We now know that Faraday Future (they like to be called FF) can design a theoretical 200+ mph, 1,000 horsepower, single-seat hypercar. Even in a world full of extreme cars, this one looks futuristic. But this is not an attempt to compete with Bugatti, Koenigsegg, or Ascari. It’s an extreme test-bed, right down to the drag reducing, heat-dissipating pair of see-through “aero-tunnels” channeling air directly through the vehicle.

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You’ve made some bad decisions at the holiday office Christmas party. We’ve all done it. Don’t compound it by using a (probably inaccurate) free breathalyzer that you picked up at a Honda dealer instead of a cab ride.

That, and Subaru is turning production up to “11,” Hyundai was hit hard in China and Nevada’s rolling the dice on electric cars … after the break. 

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Faraday Future, the other, other bespoke electric luxury carmaking startup said they’ll show off their concept for the “future of mobility” next month at the Consumer Electronics Show in Las Vegas.

The automaker’s website sports a clock counting down to 7 p.m. (Pacific) Jan. 4, 2016, for the automaker’s unveiling. The company has made several high-profile hires, including head of engineering Nick Sampson who helped Tesla design chassis for their cars, according to The Verge.

In an interview with the website, Sampson said the company expects to roughly double from 400 employees now and challenge other automakers soon. The company announced last month that its looking to invest $1 billion in a factory in California, Georgia, Louisiana or Nevada.

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