Faraday Future, the once-promising electric vehicle startup, is somehow still clinging on for dear life, despite being in difficulties for some time.
Category: Faraday Future
Analysts are saying that the US $2 billion deal to buy a stake in Faraday Future looks like a scheme for China to obtain advanced technology in new energy...
Savagian was former chief engineer of GM's EV1 (spent 18 years at GM in total), and joined FF in 2016, quickly becoming one of the key people in the company.
Faraday Future won arbitration with Evergrande Health Industry Group Limited and appears to still be in motion. Check out the latest teaser video here.
Electric vehicle startup Faraday Future prospects have dimmed after being forced to take austere measures in an effort to stay alive.
Funding secured strikes again. Faraday Future is now in a difficult situation because the money is needed, and other investors are blocked.
Faraday Future after getting $2 billion investment boost is hard at work to deliver the FF 91 all-electric SUV with promised great performances.
Despite a laundry list of problems, Faraday Future has secured permits and announced that Bernard will be contracted to work on its one-million square foot...
It seems former CFO Stefan Krause and former CTO Ulrich Kranz had ulterior motives upon departing Faraday Future, and the automaker doesn't approve of it.
Despite Faraday Future's struggles, it seems the FF91 is a pretty sweet ride with plenty of luxury and performance, and the factory is business as usual.
China issued a notice to LeEco co-founder and Faraday Future exec to return to China immediately, but Yueting is staying in the U.S. to fundraise.
Faraday Future doesn't give up its plans to introduce the FF 91 electric cars to the market and back to CES with latest Stealth Combat prototype.
Who wants a ride on the Faraday Future roller coaster? The "automaker" goes from broke with no CEO to funded, "chiefed", and ready to roll next year?
At Faraday Future, it seems to get worse by the minute, and it may all point back to founder and early financier, Jia Yueting.
If the loss of new CFO Stefan Krause wasn't damaging enough, now Faraday Future is once again in financial trouble, or perhaps has always been.
Chinese sources are reporting that the Tata Group (the owner of Jaguar Land Rover) have made a $900 million investment in the struggling Faraday Future.