Wikipedia

Faraday Future

Faraday Future Inc.is an American startup technology company founded in 2014 focused on the development ofelectric vehicles.Based inLos Angeles,California, it began producing vehicles in 2023 and markets them in theUnited StatesandChina.The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to sellingrebadgedChinese vans.[4]

Faraday Future Inc.
Nasdaq:FFIE
IndustryAutomotive
FoundedApril 2014;10 years ago(2014-04)
FounderJia Yueting
HeadquartersLos Angeles,California
Key people
  • Matthias Aydt (CEO)
RevenueSteadyUS$0 million(2022)[1]
DecreaseUS$−448 million(2022)[1]
DecreaseUS$−552 million(2022)[1]
Total assetsDecreaseUS$510 million(2022)[2]
Number of employees
475 (approx.)[3]
Websiteff
faradayfuturecn

History

edit

Faraday Future was founded by Chinese businessmanJia Yuetingin May 2014[5]and is headquartered inLos Angeles,California, in theHarbor Gatewayneighborhood adjacent toCarson,California. From its inception in 2014, the company grew to 1,000 employees by January 2016.[6]

The company is named for a founding principle of electric motor technology known asFaraday's law of induction,[7]which in turn is named after English scientistMichael Faradaywho discoveredelectromagnetic induction.

In October 2024, Faraday Future and Master Investment Group of United Arab Emirates announced a co-investment agreement to launch operational and sales activities within the UAE in 2025 and 2026.[8][9]

Factory plans

edit

Faraday Future announced in November 2015 that it would invest up to $1 billion in its first manufacturing facility.[10]

In December 2015, Faraday Future settled on a location inNorth Las Vegasfor its manufacturing site,[11]to be built byAECOMfor $500 million.[12]Construction began in April 2016 on infrastructure which Nevada agreed to build, but was suspended in November pending verification of Faraday Future's financial stability.[13]The facility was spurred by a $215 milliontax incentive,and a 4-mile (6 km)railway spurin 2018 to the 300 million sq ft (28 million m2) future factory with 4,500 full-time employees.[14]

On May 24, 2016, the City ofVallejo,California, announced a May 31 Special City Council meeting to consider an exclusive negotiating agreement. This represented the first step to bring Faraday Future toMare Island.FollowingKarma Automotive'snew plant in Moreno Valley,[15]the project would be the second new automobile manufacturing facility to be built from the ground up in California within the last few years. It was projected to bring hundreds of millions of dollars in new investment to the local economy.[16]On May 31, 2016, the City Council unanimously agreed to enter the 6-month agreement.[17][18]

Due to plans to develop a production vehicle and plant in North Las Vegas, Faraday Future ended its exclusive agreement with the City of Vallejo in March 2017.[19]

On July 10, 2017, the company announced it would no longer build a plant in North Las Vegas because of financial setbacks.[20][21]

In August 2017, the company announced that it had signed a lease for a formerPirellitire plant inHanford,California. The company said that it could employ up to 1,300 people over time and build up to 10,000 cars a year at that location.[22]

Concept vehicle and other planned vehicles

edit

Faraday Future originally planned to launch its first fully electric vehicle in 2017, with the possibility of producing a larger range of vehicles over time.[23] The company has implied plans to explore other aspects of the automotive and technology industries, such as alternative ownership and usage models, in-vehicle content, and autonomous driving.[24]

In July 2015,Motor Trendrevealed tentative specifications for Faraday Future's proposed electric vehicle: it will have 15 percent higherspecific energythan aTesla Model S,it utilizes a multicellsolution where both individual cells and groups of cells can be replaced, and it will have a modular design for improved mass-production methods.[25]

At the November 2015LA Auto Show,former Head of Design Richard Kim discussed his interest in creating a vehicle that featured internet access,in-car entertainment,aromatherapytechnology, and ergonomic interior design.[26]

On January 4, 2016, at the USConsumer Electronics Show,Faraday Future revealed its concept vehicle, 1,000 hp (750 kW), 200 mph (320 km/h), single seat sportscar FF ZERO1.[27]Their video demonstrated how their Variable Platform Architecture (not in the concept vehicle) would allow for many body styles and battery configurations, but specific details or production schedules were not given for these potential car designs, only outlines of acrossover-like vehicle.[28]Following the revelation, comments on social media expressed disappointment that the only design exhibited was a high-end concept race car that would never be produced.[29]

Faraday Future planned to begin testing self-driving vehicles on California roads after winning approval fromCaliforniain June 2016.[30]

Faraday Future unveiled its luxury model FF 91 130 kWh crossover vehicle, its first production vehicle, at the January 2017 US Consumer Electronics Show,[31][32]withconnected carfeatures.[31]Faraday received 64,124 reservations within the first 36 hours, despite a demonstration that did not go particularly well.[33]It is claimed to accelerate 0–60 mph (0–97 km/h) in less than 2.5 seconds,[34][35]costing less than $300,000.[36]Faraday Future plans several cars based on its Variable Platform Architecture.[37]

In April 2019, Faraday Future announced a partnership with Chinese video game company,The9,to develop a minivan named the V9, exclusively for the China market.[38][39]

Financial struggles

edit

In late 2015, the company said that part of Faraday Future's revenue stream was expected to come from alternative sources, with the anticipated revenue structure closer to that of the smartphone than to that of standard automobile sales.[40]

By 2016, Faraday had been the subject of speculation voiced by ex-employees and government officials who expressed doubts about the company's finances.[41][42]The company had failed to fund even relatively small escrow accounts, which led to some analysts doubting the company's financial solidity and overall investment strategy.[43]In July 2016, several investment officers and managers expressed concern over the company's finances.[44][45]

Faraday Future suspended work on its Nevada site in November 2016 until the first $300 million of a claimed $600 million in funding would be realized.[46][47][48]The delay was criticized by Nevada officials,[49]which Jia refuted.[50]Among FF's many financial challenges as of late 2016 was providingsuretyfor a $140 millionloanwhenLeEcobought a $250 million piece of land in California fromYahoo.[51]

The majority shareholder for the company was founderJia Yueting.In late 2017, thenCFOStefan Krause andCTOUlrich Kranz departed Faraday Future in a dispute with owner Jia over financing and the impending exhaustion of cash. Krause and Kranz founded Evelozcity (now calledCanoo) in late 2017, a competing electric car maker, and poached former Faraday Future employees. Jia then took over as CEO of the company, securing a round of financing, when the company was facing depletion of their cash supply, and started paying off debts to suppliers. At the time, Jia was in debt in China, with suppliers, creditors, and government, camping out at his Chinese companyLeEco.[52]The new financing involved US$1 billion for 25% of the outstanding shares in the company. In the followup to this round of financing, Jia had reiterated that the FF91 would debut on schedule, at the end of 2018.[53][54][55]

In early 2018, Faraday Future acquired a $1.5 billion funding commitment from an undisclosed Hong Kong investor, with $550 million invested initially and the balance coming as the company met milestones.[56]A report indicated that the new lifeline entailed a lien on the company's assets as collateral.[57]By April 2018, Faraday Future secured a contract to build an assembly plant in aGuangzhoufree zone area dedicated to the manufacture of smart equipment and new energy vehicles.

In May 2018, the company announced the appointment of Michael Agosta as vice president of finance for North America.[58]Agosta was the previous CFO of Ford Motor Company Middle East and Africa.[58]The announcement was seen as a commitment on the part of the organization to follow through on Jia Yueting's promise to produce its first EV, the FF 91, by 2018.[58]An internal email sent by Jia Yueting showed that the vehicle was nearing delivery.[59]This confirmed Agosta's prepared statement during his appointment that said "2018 is going to be an exceptional year for FF to deliver its first FF 91 to the market, and I will lead my team to make sure we are ready for this goal and beyond."[60]

In August 2018, Faraday Future received US$854 million fromEvergrande Groupfor a 45% stake in the company.[61]However, in October 2018 the company sought to call off the deal, with Jia entering arbitration with Evergrande.[62]Also in October 2018, the company announcedlayoffs,a 20% salary cut for all staff, and a revised salary of $1 for Jia.[63]Co-founder Nick Sampson and senior vice president Peter Savagian resigned from the company following the announcement of layoffs.[64]In December 2018 the company announced massive layoffs due to a cash crunch and financial pressure, and by the end of 2018 the staff was planned to be reduced by 40% (from 1000 to 600).[65][66]

In March 2019, Faraday Future announced a new 50–50 joint venture with Chinese online game operatorThe9to make EVs in China, with The9 announcing it would contribute up to $600 million for the project.[67][68]In May 2019 it was reported that Faraday Future was undergoing restructuring[69]and in June the company fired dozens of employees on unpaid leave.[70]

The company's founder Jia Yueting filed for personal bankruptcy in United States federal court in Delaware on October 14, 2019.[71]Following Jia's personal bankruptcy, he stepped down from his role as CEO of Faraday Future in order to assume a new position as the Chief Product and User Officer (CPUO). Jia was replaced as CEO byCarsten Breitfeld- former CEO at rival electric vehicle startupByton.[72]

In February 2024, the lessor of the company's headquarters inGardena,Rexford Industrial, served a Notice to Pay Rent or Quit due to unpaid rent of $917,887.26. It required the company to either pay rent or forfeit the building within 5 days. This was followed by an eviction complaint filed by the Superior Court of California.[73][74]

Becoming publicly-traded

edit

In January 2021, Faraday Future announced that the company would go public through a reverse merger withspecial-purpose acquisition companyProperty Solutions Acquisition Corp. The combined company would be valued at US$3.4 billion. Chinese automakerGeelywas expected to become a strategic partner of Faraday Future. Faraday Future was expected to set up contract manufacturing operations in China through their partnership with Geely. Taiwanese manufacturerFoxconnwas expected to serve as an additional strategic partner of Faraday Future in a yet to be determined capacity.[75]

Faraday Future waslistedon theNasdaqstock exchange on July 22, 2021. The company is listed under the ticker symbol (NASDAQ:FFIE)[76]

SEC subpoena

edit

On March 31, 2022, theU.S. Securities and Exchange Commissionsubpoenaed several members of Faraday Future's management team over inaccurate statements made to investors.[77]On November 26, 2022, the board voted to remove Carsten Breitfeld and appoint Xuefeng Chen as CEO.[78]

Production and deliveries

edit

On March 29, 2023, Faraday Future started production of the FF 91 Futurist Alliance at its Hanford facility, with the first production build vehicle coming off the line on April 14, 2023.[79]The FF 91 Futurist is the company's first production vehicle and flagship model that is expected to be offered in both the U.S. and China markets.[80]

On June 8, 2023, Faraday Future announced the first three owners of the FF 91 Futurist:Rem D Koolhaas,Jason Oppenheim,and Private Collection Motors (PCM), a luxury car dealership based inCosta Mesa,California.[81]

On August 12, 2023, Faraday Future delivered its first vehicle to PCM.[82]The company also announced thatJustin Bell,a second-generation world-champion race car driver from England, had signed a sales agreement, along with a collaboration agreement that comes with the title "Developer Co-Creation Officer", during the 2023Monterey Car Week.[83]

On September 13, 2023,Jason Oppenheimtook delivery of an FF 91 Futurist Alliance at FF's "Delivery Co-Creation Day".[84]

On September 19, 2023, business development manager Kelvin Sherman took delivery of a FF 91 Futurist Alliance at Faraday Future‘s headquarters. The company also announced that actress and entrepreneur Emma Hernan had also joined Faraday Future as its first female FF 91 Futurist Alliance owner and "Developer Co-Creation Officer".[85]

On October 8, 2023, FF delivered an FF 91 Futurist Alliance to Jia Yueting.[86]

Stock short squeeze

edit

On May 15, 2024, the Faraday Future stock become a target for meme stock investors who sought to 'squeeze' the large position ofshort sellersin a manner similar to that of theGameStop short squeezeof 2021.[87]

Pivot to rebadged Chinese vans

edit

The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to sellingrebadgedChinese vans.[4]

Leadership

edit

As of October 2023, the board of directors of Faraday Future is led by an executive team composed of:[88]

  • Matthias Aydt (Global chief executive officer)
  • Xuefeng Chen (FF China CEO, EVP of Global Industrialization, executive director)
  • Jonathan Maroko (Interim chief financial officer)
  • Tin Mok (Global User Ecosystem, board member)
  • Chad Chen (Board member)
  • Li Han (Board member)
  • Sheng Jie (Board member)
  • Lev Peker (Board member)
  • Ke Sun (Board member)

Models

edit

Faraday Future vehicle names start with "FF" for Faraday Future followed by a two digit number. The first digit indicates the market segment of the vehicle. A 9 would be a top-line product, with lower numbers indicating successively lower cost segments, except for 0, indicating a special car. When spelled-out as "zero", aconcept caris indicated. The second digit indicates successive iterations or generations in that segment.[89][90]Each element is pronounced separately, so that the FF91 is F-F-9-1 and not FF-ninety-one.[91]By January 2025, the company sold a total of 16 vehicles.[4]

FF ZERO 1

edit

FF ZERO1
Front 3/4 view FFZERO1
Rear 3/4 view FFZERO1

TheFFZERO1concept vehicle was unveiled in 2016, at CES. The "Zero" spelling indicates the concept vehicle status, the "1" indicates the first such model.[89]The car was announced as having 1,000 hp (750 kW), a top speed over 200 mph (320 km/h), and a 0–60 mph (0–97 km/h) time under 3 seconds. The specifications were never validated as the vehicle was only a clay and styrofoam model. The car would have a glass roof, and a racecar style head and neck support system, with oxygen and water feeds to the driver's helmet. The car would have four electric motors, one for each wheel, and be a single seater.[92]

FF 91

edit
Main article:Faraday Future FF 91

TheFF 91(F-F-Nine-One)[91]production model was unveiled in 2017. The "9" indicates a top-of-the-line model, analogous to theGenesis G90orVolvo S90.The "1" indicates the first model in this market segment.[89]This large crossover SUV is to have a 0–60 mph (0–97 km/h) time of 2.4s, 130 kWh (470 MJ) battery pack, giving a range of 289 mi (465 km). The rear doors are to besuicide doors,and all four doors would open automatically. There is a large infotainment screen in the middle of the front dash console. It would also similarly have a limited autonomous driving mode. The FF91 would be equipped with smartphone app car access and key capability and facial recognition door locks.[93]

In August 2018, the company completed the first pre-production FF91.[94]Production was planned to start in Hanford, California, in late 2020.[95]

The production of the FF 91 officially started March 2023 in Hanford, California. Deliveries of the vehicle was scheduled to start late 2023. The production version of the vehicle features a tri-motor configuration, providing 783 kW of total power and a 142 kWh battery pack for an estimated 381 miles (613 kilometers) of range under the US EPA standard. The pricetag of FF 91 Futurist Alliance is $309,000 US dollars, which is limited to 300 units worldwide. As of February 2024, the company announced it had delivered 11 FF 91 2.0 Futurist Alliance models to staff and selected influencers.

FF 91 2.0 Futurist Alliance

edit

FF 91 2.0 Futurist Alliance is the first product of Faraday Future. The FF 91 2.0 Futurist Alliance has three motors with a maximum output of 1,050 horsepower (780 kW). The electric motor torque output is 1,977 newton-meters (1,458 lb⋅ft) and wheel torque is 13,285 N⋅m (9,799 lb⋅ft). The 0–60 mph (97 km/h) acceleration speed is 2.27 seconds, with a battery pack capacity of 142kWh, and anEPA-certified range of 381 miles (613 km). It uses anNvidiaDRIVE Orin and 2Qualcomm8155p SoCs, and a Super AP 5G modem. In the US, it supportsAT&T,VerizonandT-Mobilewith an in-car network speed of 10Gbit/s. Additionally, the vehicle has 10+ screens with 100+ inch total display area. Deliveries of the electric vehicle were to begin in late 2022, but a delay was made by investor disputes.[96]

FF 81

edit

TheFF 81was planned to be unveiled in 2018, though that never happened. It was planned to be a mid-sized SUV built in California for the Chinese market.[90][97][98][99]

In February 2022, Faraday Future signed a manufacturing deal with South Korean company Myoung Shin to build the FF81 in an ex-GM Koreafactory,[100]but no further announcements have been forthcoming.

701-EV

edit

TheFaraday Future Dragon Racing Penske701-EVfor the2016–2017Formula Eseason, was an all-electric open-wheel open-cockpit battery-electric[101]racecar for the Faraday Future Dragon Racing Team, a collaboration between Faraday Future andDragon Racing,a team founded byJay Penske.[102]

Motorsport

edit

Pikes Peak International Hill Climb

edit

Faraday raced a "beta level development" FF91 in the exhibition class race at the June 2017 annualPikes Peak International Hill Climbin Colorado; the class also includes a performance-tunedTesla Model S P100D.[103](In 2016, a Tesla Model S P90D set the production EV course record.)[104]

Formula E

edit
2017 FF Spark-Penske 701-EV

Faraday Future joined theFIA Formula E Championshipfor electric-powered cars through a collaboration with the existingDragon Racingteam for the series' third season, beginning in October 2016.[105]Specifications for the car were released in November 2016.[106]

In August 2017, due to a lack of cash, Faraday Future reduced its participation in Formula E. It was unable to maintain a sponsorship role in Dragon Racing, leading to the loss of the FF logo on their cars. Faraday Future said it would maintain a technical relationship with the team.[107]By November 2017, due to its cash-strapped state, Faraday Future dropped its partnership with Dragon Racing, exiting Formula E.[108]

See also

edit

References

edit
  1. ^abc"Income Statement".RetrievedSeptember 1,2023.
  2. ^"Balance Sheet".RetrievedSeptember 1,2023.
  3. ^O'Kane, Sean (December 14, 2018)."Federal court freezes Faraday Future CEO's ownership stake, California mansions".The Verge.Archivedfrom the original on December 14, 2018.RetrievedDecember 14,2018.
  4. ^abcMack Hogan (January 9, 2025),"We Sat Down With Faraday Future At CES 2025. It Got Weird",InsideEVs
  5. ^Harris, Mark (April 20, 2016)."Battle of the electric car startups: will Faraday Future merge with Atieva?".The Guardian.UK.Archivedfrom the original on February 2, 2017.RetrievedJanuary 26,2017.
  6. ^Tilley, Aaron (January 5, 2016)."Faraday Future: We're Going To Move A Lot Faster Than Tesla".Forbes.Archivedfrom the original on January 7, 2016.RetrievedJanuary 7,2016.
  7. ^"Faraday Future Talks AI, Multi-Seat EVs in Exclusive Interview".Shear Comfort Auto Blog.June 3, 2016. Archived fromthe originalon January 8, 2017.RetrievedJune 8,2016.
  8. ^"FARADAY FUTURE SIGNS AGREEMENTS FOR RAS AL KHAIMAH DEVELOPMENT, OFFICE AND ENGINEERING SPACE, AND AN OPERATIONAL HUB".October 24, 2024.
  9. ^Gupta, Lekha."Revving Up In The Middle East: Faraday's New UAE Headquarters Solidifies EV Expansion Strategy - Faraday Future (NASDAQ:FFIE)".Benzinga.RetrievedNovember 23,2024.
  10. ^Reisinger, Don (November 5, 2015)."A Mysterious Electric Carmaker has its Sights on Tesla".Fortune.Archivedfrom the original on November 24, 2015.RetrievedDecember 10,2015.
  11. ^Ramsey, Mike (December 9, 2015)."Faraday Future Picks Nevada Site for $1 Billion Electric-Car Investment".The Wall Street Journal.Archivedfrom the original on January 6, 2016.RetrievedJanuary 7,2016.
  12. ^"AECOM snags $500M contract to build NV Faraday Future plant".Construction Dive.October 16, 2016.Archivedfrom the original on November 10, 2016.RetrievedDecember 19,2016.
  13. ^Ramsey, Mike (April 13, 2016)."Electric Car Maker Faraday Breaks Ground in Nevada Startup aided by promise of state incentives moving ahead on first vehicle".The Wall Street Journal.Archivedfrom the original on April 14, 2016.RetrievedApril 15,2016.
  14. ^"Faraday Future Approved for Apex Rail Spur".North Las Vegas Tribune.August 30, 2016. Archived fromthe originalon December 11, 2016.RetrievedDecember 11,2016.
  15. ^"Karma comes around again: California's newest car factory aims to rival Tesla".June 17, 2016.Archivedfrom the original on June 17, 2016.RetrievedJune 17,2016.
  16. ^"City of Vallejo schedules May 31 vote on Agreement with Faraday Future for exclusive negotiations on 153 Acers".May 24, 2016.Archivedfrom the original on May 28, 2016.RetrievedMay 24,2016.
  17. ^Times, Los Angeles (June 2016)."Tesla rival Faraday gets one step closer to building electric cars in Vallejo".Los Angeles Times.Archivedfrom the original on June 5, 2016.RetrievedJune 6,2016.
  18. ^"Weekly Electromobility News – Electromobility News".emvalley.Archivedfrom the original on August 10, 2016.RetrievedJune 6,2016.
  19. ^"City of Vallejo provides update on 157-acre opportunity on North Mare Island".March 24, 2017.Archivedfrom the original on March 25, 2017.RetrievedMarch 24,2017.
  20. ^Hawkins, Andrew J. (July 10, 2017)."Faraday Future abandons plan to build $1 billion electric car factory in Nevada amid cash woes".The Verge.Archivedfrom the original on July 11, 2017.RetrievedJuly 11,2017.
  21. ^"An electric vehicle startup with a troubled past seeks a SPAC".Fortune.RetrievedOctober 25,2020.
  22. ^Multiple sources:
  23. ^Multiple sources:
  24. ^Multiple sources:
  25. ^Pleskot, Kelly (November 6, 2015)."New Electric Car Company Emerges: Faraday Future".Motor Trend.Archivedfrom the original on December 10, 2015.RetrievedDecember 10,2015.
  26. ^Branman, Miles (November 30, 2015)."Faraday Future's 2017 Tesla Model S rival with a 300+ mile range will charge into CES 2016".Yahoo Finance.Archivedfrom the original on December 10, 2015.RetrievedDecember 10,2015.
  27. ^"Glimpse Into the Future – FFZERO1 Concept".2016. Archived fromthe originalon January 5, 2016.RetrievedJanuary 5,2016.
  28. ^Multiple sources:
  29. ^Lambert, Fred (January 8, 2016)."Faraday Future SVP admits unveiling the FFZERO1 concept for attention – Interview with Nick Sampson [Video]".Electrek.Archivedfrom the original on December 22, 2016.RetrievedDecember 21,2016.
  30. ^Lienert, Paul (June 21, 2016)."Faraday Future to build self-driving vehicles and build and sell electric vehicles".Yahoo Tech.Archivedfrom the original on June 22, 2016.RetrievedJune 28,2016.
  31. ^abStewart, Jack (January 3, 2017)."Faraday Future's 'Tesla Beater' Debut Doesn't Go Quite As Planned".WIRED.Archivedfrom the original on January 4, 2017.RetrievedJanuary 3,2017.
  32. ^Multiple sources:
  33. ^Dow, Jameson (January 5, 2017)."Faraday Future says it has received over 64,000 reservations for its FF 91 electric vehicle in 36 hours".Electrek.US.Archivedfrom the original on January 8, 2017.RetrievedJanuary 8,2017.
  34. ^Lambert, Fred (December 15, 2016)."Faraday Future claims its electric crossover beats Tesla's Model X P100D Ludicrous in a drag race, releases video".Electrek.Archivedfrom the original on December 22, 2016.RetrievedDecember 21,2016.
  35. ^Lambert, Fred (December 23, 2016)."Faraday Future now claims that its prototype beats the Tesla Model S P100D's 2.5 seconds 0 to 60 mph".Electrek.Archivedfrom the original on December 24, 2016.RetrievedDecember 23,2016.
  36. ^Lambert, Fred (January 13, 2017)."Faraday Future's new FF91 electric vehicle will cost 'less than $300,000', says CEO Jia Yueting".Electrek.Archivedfrom the original on January 15, 2017.RetrievedJanuary 14,2017.
  37. ^"Behind the scenes at Faraday Future, an electric carmaker on the brink of collapse".The Verge.Vox Media. December 22, 2016.Archivedfrom the original on December 25, 2016.RetrievedDecember 28,2016.
  38. ^"This is the minivan Faraday Future's designing for a Chinese video game company".Motor Authority.April 5, 2019.Archivedfrom the original on August 17, 2019.RetrievedAugust 17,2019.
  39. ^Blanco, Sebastian."Faraday Future Could Sell V9 EV In China Through Joint Venture With The9 Limited".Forbes.Archivedfrom the original on August 16, 2019.RetrievedAugust 17,2019.
  40. ^Moss, Darren (January 7, 2016)."Faraday Future reveals FFZERO1 concept at CES".Autocar.Archived fromthe originalon December 3, 2015.RetrievedDecember 10,2015.
  41. ^"Nevada treasurer raises questions about Faraday Future | AOL Corporate".corp.aol.Archivedfrom the original on August 18, 2016.RetrievedJuly 19,2016.
  42. ^King, Danny (July 10, 2016)."Nevada treasurer raises questions about Faraday Future".Autoblog.Archivedfrom the original on July 15, 2016.RetrievedJuly 19,2016.
  43. ^Miller, Greg (April 20, 2016)."Faraday Future: Is This Car Company Legit?".Wall Street Daily.US. Archived fromthe originalon December 9, 2016.RetrievedJanuary 2,2017.
  44. ^"The Chinese Billionaire Who Wants to Out-Tesla Tesla".Bloomberg.July 5, 2016.Archivedfrom the original on December 20, 2016.RetrievedDecember 11,2016.
  45. ^"Faraday Future's Nevada Factory Hits Speed Bump".CleanTechnica.Archivedfrom the original on July 9, 2016.RetrievedJuly 19,2016.
  46. ^Lambert, Fred (November 15, 2016)."Faraday Future delays EV factory construction while investors secured $600 million in financing".Electrek.Archivedfrom the original on November 16, 2016.RetrievedNovember 15,2016.
  47. ^"China's Leshi Holdings secures $600 million in support".Reuters.November 15, 2016.Archivedfrom the original on November 16, 2016.RetrievedNovember 15,2016.
  48. ^"Faraday Future Plagued By Lawsuits, Unpaid Bills Ahead Of Electric Car Reveal".BuzzFeed.December 15, 2016.Archivedfrom the original on December 27, 2016.RetrievedDecember 28,2016.Faraday is temporarily adjusting their construction schedule with plans to resume in early 2017, "AECOM said
  49. ^"Outlook bleak for LeEco's Nevada electric vehicle plant".China Daily.November 28, 2016.Archivedfrom the original on December 29, 2016.RetrievedDecember 28,2016.
  50. ^"Nevada Official Claims That The Chinese Billionaire Behind Faraday Future Is Broke".Jalopnik.November 28, 2016.Archivedfrom the original on December 27, 2016.RetrievedDecember 28,2016.
  51. ^"Inside Sources Say Faraday Future Is A Bigger Catastrophe Than You Can Possibly Imagine".Jalopnik.December 16, 2016.Archivedfrom the original on December 27, 2016.RetrievedDecember 28,2016.
  52. ^"Will LeEco Founder Obey Regulator and Return to China? – Caixin Global".cai xing lobal.Archivedfrom the original on August 29, 2018.RetrievedAugust 29,2018.
  53. ^O'Kane, Sean (December 20, 2017)."Faraday Future secures Hail Mary investment, and Jia Yueting takes over as CEO".The Verge.Archivedfrom the original on December 23, 2017.RetrievedDecember 23,2017.
  54. ^Lambert, Fred (December 20, 2017)."Faraday Future expats spin off a new electric car startup".electrek.Archivedfrom the original on December 22, 2017.RetrievedDecember 23,2017.
  55. ^Sheehan, Sam (December 20, 2017)."Faraday Future raises £747 million by selling shares".Autocar.co.uk.Archivedfrom the original on December 23, 2017.RetrievedDecember 23,2017.
  56. ^Szymkowski, Sean (February 14, 2018)."Faraday Future receives $1.5B lifeline".Motor Authority.Archivedfrom the original on February 22, 2018.RetrievedFebruary 21,2018.
  57. ^"Faraday Future bet the farm to secure its multi-billion dollar investment from China".The Verge.Archivedfrom the original on June 25, 2018.RetrievedJune 3,2018.
  58. ^abcWalz, Eric (May 18, 2018)."Faraday Future Appoints Ford Motor Co. Executive as New VP Of Finance - FutureCar".futurecar.Archivedfrom the original on May 25, 2018.RetrievedJune 3,2018.
  59. ^"Faraday FF 91 nearing delivery, CEO says in leaked email | HiTechChronicle".hitechchronicle.May 14, 2018.RetrievedJune 3,2018.
  60. ^Walz, 2018.
  61. ^Hanley, Steve (August 22, 2018)."Is Faraday Future Back From The Dead?".Clean Technica.US.Archivedfrom the original on August 23, 2018.RetrievedAugust 24,2018.
  62. ^Hu, Bailey (October 8, 2018)."Briefing: Jia Yueting's Faraday Future seeks to end deal with Evergrande Health · TechNode".TechNode.Archivedfrom the original on October 8, 2018.RetrievedOctober 10,2018.
  63. ^"China's EV maker Faraday Future plans lay-offs, 20 percent pay cuts".Reuters.October 23, 2018.Archivedfrom the original on October 25, 2018.RetrievedOctober 25,2018.
  64. ^Udemans, Christopher (October 31, 2018)."Faraday Future co-founder resigns amid company turmoil".TechNode.Archivedfrom the original on October 31, 2018.RetrievedOctober 31,2018.
  65. ^"Faraday Future furloughs more employees as cash woes continue".TechCrunch.December 4, 2018.Archivedfrom the original on December 5, 2018.RetrievedDecember 5,2018.
  66. ^O'Kane, Sean (December 4, 2018)."Faraday Future furloughs hundreds more employees as it runs low on cash".The Verge.Archivedfrom the original on December 4, 2018.RetrievedDecember 5,2018.
  67. ^O'Kane, Sean (March 24, 2019)."Faraday Future strikes deal to make cars in China with mobile gaming company".The Verge.RetrievedNovember 14,2020.
  68. ^Paukert, Chris (March 25, 2019)."Faraday Future scores unlikely lifeline from Chinese video game company".CNET.RetrievedNovember 14,2020.
  69. ^O'kane, Sean (May 1, 2019)."Faraday Future is working with 'a bankruptcy legend' to stave off collapse".The Verge.US.Archivedfrom the original on June 21, 2019.RetrievedJune 22,2019.
  70. ^O'Kane, Sean (June 25, 2019)."Faraday Future fires dozens of employees on unpaid leave".The Verge.Archivedfrom the original on June 26, 2019.RetrievedJune 26,2019.
  71. ^O'Kane, Sean (October 14, 2019)."Faraday Future founder files for Chapter 11 bankruptcy".The Verge.RetrievedOctober 20,2019.
  72. ^O'Kane, Sean (September 3, 2019)."The man responsible for the BMW i8 is taking over as CEO of Faraday Future".The Verge.RetrievedAugust 6,2020.
  73. ^O'Kane, Sean (February 16, 2024)."Faraday Future in danger of losing LA headquarters for failing to pay rent".TechCrunch.RetrievedFebruary 19,2024.
  74. ^"Rexford complaint Faraday Future".documentcloud.org.RetrievedFebruary 19,2024.
  75. ^Ruffo, Gustavo Henrique."With Geely's Manufacturing Aid, Faraday Future Will Go Public Via SPAC".insideevs.InsideEVs.RetrievedJanuary 31,2021.
  76. ^O'Kane, Sean (July 22, 2021)."Faraday Future just became a publicly traded company".The Verge.RetrievedJuly 22,2021.
  77. ^"EV startup Faraday Future gets SEC subpoena on inaccurate statements".Reuters.Reuters. March 31, 2022.RetrievedApril 2,2022.
  78. ^"sec.gov".sec.gov.RetrievedDecember 6,2022.
  79. ^"Faraday Future's First Production FF 91 Vehicle Comes off the line at its FF ieFactory California, and Kicks off the Final Launch & Delivery Campaign".ff.RetrievedJune 23,2023.
  80. ^"Faraday Future Starts Production of the FF 91 Futurist Alliance at its FF ieFactory California".ff.RetrievedJune 23,2023.
  81. ^"Faraday Future and the First Spire Users that Represent the U.S. Luxury Real Estate Business, Celebrities and Luxury Car Business Launched the FF 91 2.0 Owner Developer Co-Creation Plan, and Promoted tha Ultimate AI TechLuxury Mobility Transformation".genesis-cdn.ff.RetrievedJune 23,2023.
  82. ^"FF Officially Delivered the Very First FF 91 2.0 Futurist Alliance to its First Spire User and Kicks Off its August Developer Co-Creation Festival at Pebble Beach".genesis-cdn.ff.RetrievedOctober 9,2023.
  83. ^"Faraday Future Announces World Champion Race Car Driver Justin Bell as the First FF 91 2.0 Futurist Alliance User and Developer Co-Creation Officer of the Second Group of Users of the Company's Phase-2 Co-Creation Delivery".genesis-cdn.ff.RetrievedOctober 9,2023.
  84. ^"Faraday Future Announces World Champion Race Car Driver Justin Bell as the First FF 91 2.0 Futurist Alliance User and Developer Co-Creation Officer of the Second Group of Users of the Company's Phase-2 Co-Creation Delivery".genesis-cdn.ff.RetrievedNovember 9,2023.
  85. ^"Faraday Future Continues Deliveries of the FF 91 2.0 Futurist Alliance, Today Delivering to Celebrity Agent Kelvin Sherman during the" 919 Developers AI Co-Creation Festival ", Announces its First Female User and Developer Co-Creation Officer, Entrepreneur and Star of the Popular Netflix Show" Selling Sunset "Emma Hernan, and Regaining Nasdaq Compliance".genesis-cdn.ff.RetrievedOctober 9,2023.
  86. ^"Faraday Future Delivers the FF 91 2.0 Futurist Alliance to YT Jia, Company Founder and Chief Product and User Ecosystem Officer at its" Delivery Co-Creation Day "".genesis-cdn.ff.RetrievedOctober 9,2023.
  87. ^"Faraday Future (FFIE) Stock Adds Another 100% in Giant Short Squeeze Rally".markets.businessinsider.RetrievedMay 17,2024.
  88. ^"Our Team".Faraday Future.Archivedfrom the original on February 1, 2020.RetrievedJanuary 31,2020.
  89. ^abcEdelstein, Stephen (January 11, 2017)."Why Faraday Future's luxury electric car is named FF 91".Green Car Reports.Archivedfrom the original on January 12, 2017.RetrievedJanuary 12,2017.
  90. ^abVijayenthiran, Viknesh (February 15, 2018)."Faraday Future teases second SUV at supplier meeting".Motor Authority.Archivedfrom the original on February 22, 2018.RetrievedFebruary 21,2018.
  91. ^abMoore, Robert (January 4, 2017)."Faraday Future's first production model will give the Tesla Model S one hell of a fight".TopSpeed.
  92. ^Warren, Tamara (January 4, 2016)."This is Faraday Future's ridiculous 1,000-horsepower electric concept car".The Verge.Archivedfrom the original on March 1, 2018.RetrievedMarch 1,2018.
  93. ^Fink, Greg (January 2017)."Meet the Faraday Future FF91, the Most Advanced EV Ever (If It Reaches Production)".Car and Driver.Archivedfrom the original on February 22, 2018.RetrievedFebruary 21,2018.
  94. ^Blanco, Sebastian (August 28, 2018)."Faraday Future's First Pre-Production FF 91 Is Here".Forbes.US.Archivedfrom the original on August 29, 2018.RetrievedAugust 30,2018.
  95. ^Glon, Ronan (January 7, 2020)."Faraday Future FF91: driving the car that nearly didn't happen".Autocar.UK.RetrievedAugust 18,2024.
  96. ^Doll, Scooter (March 9, 2023)."Faraday Future Q4 and full 2022 results: FF 91 SOP this month pending millions in funding".Electrek.RetrievedApril 11,2024.
  97. ^Garlitos, Kirby (February 19, 2018)."Faraday Future Teases A New Model, The FF81, At A Supplier Meeting In California News".TopSpeed.
  98. ^Krok, Andrew (November 13, 2018)."Faraday Future will build its second car in the US, may go public in 2020".Road Show.US.Archivedfrom the original on March 21, 2019.RetrievedMarch 21,2019.
  99. ^Onawole, Habeeb (November 14, 2018)."Jia Yueting announces Faraday Future IPO scheduled for 2020, mentions new FF81 model".Gizmo China.Archivedfrom the original on March 21, 2019.RetrievedMarch 21,2019.
  100. ^"Faraday Future plans production of FF81 at former GM plant in South Korea from 2024".GM Authority.February 11, 2022.RetrievedFebruary 29,2024.
  101. ^"EV maker Faraday Future raises USD 45 million in debt financing".KrASIA.October 16, 2020.RetrievedOctober 27,2020.
  102. ^Lambert, Fred (November 11, 2016)."Faraday Future releases specs for Formula E electric race car: ~$350k, 0-62mph in 2.9s, top speed of 150mph".US: Electrek.Archivedfrom the original on February 2, 2017.RetrievedJanuary 26,2017.
  103. ^O'Kane, Sean (February 23, 2017)."Faraday Future will race the FF91 at Pikes Peak".The Verge.US.Archivedfrom the original on May 18, 2017.RetrievedFebruary 22,2018.
  104. ^Blanco, Sebastion (February 16, 2017)."Faraday FF 91 will challenge Tesla Model S P100D at Pikes Peak".InsideEVs.US.Archivedfrom the original on August 31, 2017.RetrievedFebruary 22,2018.
  105. ^"Ten teams entered for the 2016–17 FIA Formula E Championship".FIA Formula E Championship.Fédération Internationale de l'Automobile.July 1, 2016.Archivedfrom the original on July 4, 2016.RetrievedJuly 4,2016.
  106. ^Lambert, Fred (November 11, 2016)."Faraday Future releases specs for Formula E electric race car: ~$350k, 0-62mph in 2.9s, top speed of 150mph".Electrek.Archivedfrom the original on November 12, 2016.RetrievedNovember 12,2016.
  107. ^O'Kane, Sean (August 31, 2017)."Faraday Future to take a reduced presence in Formula E".The Verge.Archivedfrom the original on September 1, 2017.RetrievedNovember 12,2016.
  108. ^Schrader, Stef (November 27, 2017)."Faraday Future Is Out Of Formula E: Report".Jalopnik.Archivedfrom the original on November 28, 2017.RetrievedNovember 12,2016.
edit
Wikimedia Commons has media related toFaraday Future.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Faraday_Future&oldid=1269431602"