Faraday Future

There are serious doubts concerning Faraday Future’s plan to bring a volume electric car to production in the coming years after the company’s Chinese backer LeEco in November admitted to a cash crunch and work on its plant in Nevada in October came to a stop allegedly for unpaid bills...

Chinese tech giant LeEco, the backer of American electric car startup Faraday Future, is running low on cash, its CEO and founder Jia Yueting has revealed. In a letter to employees, obtained by Bloomberg, Yueting said the company’s recent expansion, in particular into auto manufacturing, has...

Chinese tech giant LeEco on Wednesday organized its first major press conference in the United States, mainly to talk about new smartphone and television products. The event took place in San Francisco and was hosted by LeEco CEO, Chairman and founder Jia Yueting. LeEco made its name in online...

California-based, Chinese-backed electric car startup Faraday Future has formed a partnership with LG Chem for the supply of lithium-ion batteries to power its cars. LG Chem has already forged ties with 20 automakers including Audi and General Motors Company [NYSE:GM]. But Faraday’s...

After wowing audiences in April with the unveiling of its LeSee concept car at the 2016 Beijing auto show, Chinese tech giant LeEco appears to be moving ahead with plans to start car production. The company, famous for its smartphones and online streaming services, announced on Wednesday that it...

Mysterious Chinese-backed electric car startup Faraday Future has hired an experienced executive away from Ferrari [NYSE:RACE], one of the best signs yet the company is serious about entering the auto industry. The company has brought onboard Marco Mattiacci, reports Business Insider. Mattiacci is...

While the world debates whether American tech giants Apple and Alphabet (Google’s parent company) are actually developing cars, Chinese rivals have been upfront with their intentions and have already started parading concepts previewing their future plans. One of these is LeEco (formerly...

Chinese tech giant LeEco has unveiled a striking concept previewing a new electric car that could potentially rival the Tesla Motors [NSDQ:TSLA] Model S or its successor. The concept is called the LeSee, short for Le Super Electric Ecosystem, and it was unveiled this week during a press conference...

Aston Martin took a major step today towards realizing production of its first electric car. The British automaker signed a Memorandum of Understanding (MoU) towards the creation of a partnership that will develop an electric Rapide based on the RapidE concept car unveiled last year. The...

Faraday Future—the Southern California electric automaker that's backed by billions of dollars of Chinese money and has been working in stealth mode for the past 18 months—has just unveiled the FFZERO1 Concept at the 2016 Consumer Electronics Show in Las Vegas. Yes, the earlier leak was...

A Chinese-backed electric car startup by the name of Faraday Future will make its first public showing at the 2016 Consumer Electronics Show next January. The company, which operates from a facility located to the south of Los Angeles, will roll out a concept car said to be inspired by its...

In August, we first learned of the plans of Chinese billionaire Jia Yueting for a new electric car company rivaling Tesla Motors [NSDQ:TSLA]. It turns out Yueting’s electric car startup is the same Faraday Future that we reported on one month prior. Faraday Future is a company based in...

Tesla Motors [NSDQ:TSLA] has confirmed plans to launch a new Roadster in 2019, and one of the car’s potential rivals may be from a new electric car company being put together in China. This new company is no fly-by-night startup, though. It’s the brainchild of Chinese billionaire Jia...

Calling new Californian electric car company Faraday Future's plans ambitious might be a bit of an understatement. Details come from Motor Trend, though at this point, we have more questions than answers about the freestanding automotive skunkworks. Currently, there's no prototype and no factory...