Faraday Future has big plans, and it needs big money to pay for them. The car startup was meant to weave together the electrification of Tesla, the user-experience of Apple, the data wrangling of Google, and the shared mobility flexibility of Uber. Instead it ended up with unpaid suppliers, frustrated investors, and a bank account nowhere near deep enough to cover its ambitions.
Faraday Future has lofty goals for its slick FF 91 EV. It had the car at the Pikes Peak hill climb last year and the FF 91 set a new EV class record at the event. Obviously, that record fell this year when VW and its I.D. R absolutely crushed the mountain. Faraday Future is now talking about the development it is doing for the FF 91 when it comes to sustained high-speed cruising of the sort you do on the Autobahn.
Faraday Future is discovering it's harder than you might think to start a brand-new electric car company, with numerous executives leaving amid struggles to begin production. The automaker made headlines with its ambitious plans to take on luxury players and EV heavyweights alike, including Mercedes-Benz, BMW, and Tesla, with cars built for autonomous driving but also promising supercar-style performance.
Though Faraday Future gave a rather grandiose presentation at CES 2017, whispers of money problems have followed the company around for much of the year. Faraday Future has mostly kept quiet on these rumors, but today we're seeing big indication that the company is indeed experiencing some financial woes. Faraday Future has been forced to cancel plans for its 1 million square foot factory in Las Vegas, leaving little to the imagination when it comes to the company's financial situation.
While Faraday Future's — errr, future — remains in question, what with the fleeing executives and uncertain unveilings at CES, the company's all-electric FF91 prototype not only made it to the top of the famous Pikes Peak International Hill Climb in Colorado earlier this week, but it set a new record time for its vehicle class. This marks one of the first times the FF91 has been seen in a real-world, uncontrolled environment, and making it the 12.4-mile, 156-turn Pikes Peak course was certainly a challenge.
![Faraday Future slims factory as EV line-up reportedly slashed [Update]](https://www.slashgear.com/wp-content/uploads/2017/02/faraday-future-ff-91-1-980x420.jpg)
Faraday Future, the would-be Tesla rival that revealed its six-figure electric supercar at CES 2017 last month, is scaling back production plans dramatically. The company, which has been mired in questions about its financial stability and the feasibility of its ambitious plans since the outset, had said that it aims to have the first Faraday Future FF 91 cars rolling off the line next year. Now, its roadmap has been seriously curtailed.
Would-be Tesla crusher Faraday Future has found itself in another legal mess, being hit with a lawsuit for allegedly failing to pay for a high-tech virtualization of its electric car. The automaker made headlines at CES 2017 earlier this month, when it took the wraps off the Faraday Future FF 91, a luxury sedan with high-tech autonomous driving abilities. However, while the FF 91 reveal was a hit, some of the startup's other promotional plans have apparently gone awry.
It seems that a number of folks have taken a liking to Faraday Future's first electric car, the FF 91. Unveiled at CES 2017 earlier in the week, the reveal of the FF 91 was highly anticipated heading into the trade show. At the end of its presentation, Faraday Future announced that prospective buyers would be able to reserve a spot in line to purchase one of the first FF 91s, and now it says demand for those reservations has been "overwhelming."
If Faraday Future's 2016 CES was shaky, with a last-minute prototype wheeled out instead of the electric car the company had intended to show, then CES 2017 has proved far more dramatic. The freshly-unveiled FF 91 has everything you need from an EV aiming to show up the gas-powered mainstream: sky-high power figures, big range claims, and the sort of technology that you'd expect from Silicon Valley players turned automakers. Here are five big things you need to know.
It's been a long time coming, but Faraday Future has finally taken the stage at CES 2017 to reveal its first electric vehicle, dubbed the FF 91. Ask Faraday senior vice president of engineering Nick Sampson, though, and the FF 91 is more than just a car - it's a "new species," that will be "the world's first ecosystem connected car." There are four different components to that ecosystem, and Sampson took us through each before pulling the veil off the car for the first time.
Ambitious electric car company Faraday Future has released a video showing a prototype it has created beating a few cars in a short race from 0 to 60MPH. The prototype, of which no details are provided, races the Tesla Model X P100D, the Ferrari 488 GTB, and the Bentley Bentayga. As you’d expect, considering it’s Faraday Future’s own video, its unnamed, shrouded prototype beats all three.
While Tesla continues to make progress towards finishing its Nevada-based battery-producing Gigafactory, rival electric car startup Faraday Future is having trouble getting its manufacturing plant even started. While Faraday Future first broke ground on its Nevada facility in April of this year, and continues to tease that its consumer car will begin shipping next year, construction on the production plant has been halted due to financial troubles.