Faraday Future recently released a tweet stating that the company had already (in under 36 hours) taken 64,124 reservations globally for the newly revealed FF91.
Faraday Future (FF) introduced its first “production” electric vehicle, the FF91, at CES yesterday. The EV hyperbole, better than the last one, continues in 2017. Is FF missing the point by not reaching out to all EV enthusiasts, just a few of them?
Tonight, Faraday Future unveiled what it believes is not just the next step in the evolution of the automobile. No, the team at Faraday Future have stated that the FF91 is a complete step change. It is a new species. Huh? Yeah, me too. Faraday Future has always acted a bit differently, talked a bit differently, and done things a bit differently, so maybe this is just another Faraday Future thing, but don’t take my word for it — they unpacked a ton of details about the FF91 in the big reveal tonight.
As we get closer and closer to CES 2017, when Faraday Future is reportedly going to be unveiling its first production vehicle, more and more execs seem to be departing the company. The latest was the company’s “global CEO,” Ding Lei, who is also a top exec at the tech giant LeEco.
Following closely on rumors of “dire” financial problems at the firm, Faraday Future has lost 2 more of its top execs — the Chief Brand and Commercial Officer, Marco Mattiacci, and the company’s vice president for product marketing and growth, Joerg Sommer.
Following on news of cash flow problems at LeEco, and news that construction work on Faraday Future’s $1 billion facility in Nevada had ceased due to being behind on payments to construction firm AECOM, LeEco has secured $600 million in new funding.
Following on earlier news that Faraday Future is $21 million behind on payments to the construction firm that is building its $1 billion facility in North Las Vegas, AECOM, it appears that work has stopped at the site — despite earlier claims from Faraday Future that it was unlikely that work would stop as a result.
Following on our earlier report that Faraday Future was behind on the payment of a $21 million deposit to the construction firm AECOM, the billionaire behind the electric vehicle firm, as well as LeEco and reportedly now Atieva to some degree, has released a letter to employees at LeEco admitting that the tech giant was running out of cash because of rapid expansion.
As we reported previously, Faraday Future will unveil its first production vehicle at the upcoming Consumer Electronics Show (CES) in January. Ahead of that event, the company has begun offering more teasers of what’s in store, including a new video featuring a camouflaged test vehicle.
AECOM, the firm constructing Faraday Future’s new North Las Vegas manufacturing facility, issued a warning to the electric vehicle startup on October 10th over an unpaid $21 million deposit that was due in September, according to recent reports. The warning stated that work could stop on the project if the … [continued]
