Remember Faraday Future? It’s B A C K !
Fresh off a reverse merger that brought in $1 billion in new capital, Faraday Future says it will begin production in 12 months or less.
Fresh off a reverse merger that brought in $1 billion in new capital, Faraday Future says it will begin production in 12 months or less.
“Take more risks and move faster, it’s the only way to go and to survive in the long term.” 1: Given you’re a few years in EVs already – and looking at your personal work – what would you do differently today if you could go a few years, 5 … [continued]
I’m still bullish on Byton, but with caution about the direction the company is taking. Although similar to the original target of delivering autonomous electric vehicles (EV) globally, the last round of investments gives more food for thought.
Elon Musk is consistently accused of being late. Sure, Tesla typically takes longer to launch its electric cars than Musk’s overzealous timelines. But no one can argue with his sense of urgency to expedite EVs to market. On the other hand, how are legacy automakers faring in their race to go electric?
What a difference a few months make in the life of a startup. Byton has gone through a building storm that erupted a few months ago. A founding member walked away just as or just before investors stepped in and changed the course of Byton.
In the electric vehicle (EV) world, 2018 is shaping up to be the year of Chinese electric vehicles and global startups. China is doing everything it can to establish its international brand in this arena — perhaps the hottest new consumer market of the 21st century. It makes us wonder how the West will react? Tesla, Volkswagen, BMW, Ford, GM, Daimler, and others have strong statements on electric vehicles and autonomous ones at that, but how prepared are each of them to genuinely compete?