Tag: FF 91

By on April 7, 2019

Faraday Future is my favorite automaker and it’s not because they build the best cars. With the exception of a few prototypes of the FF91, Faraday hasn’t really built much of anything. But I’ve become enamored with the story of a mysterious automotive company, funded by a controversial Chinese backer, that continues to defy the odds by just surviving — despite a long history of ridiculous mistakes, financial shortfalls, and missed production targets. For me, its been a suitable substitute for soap operas.

The last time we checked in on Faraday, it had just broken ties with its savior-turned-destructor Evergrande.  The company announced in January that it had agreed to restructure its $2 billion investment in FF and that both parties had acquiesced to drop all litigation against each other. Now Faraday is back with a new joint partnership and a new model — a minivan straight out of a late 20th century sci-fi flick.  (Read More…)

By on July 31, 2018

Take the following information with a golf ball-sized grain of salt. Faraday Future, the automotive startup that’s been teetering on the verge of collapse for years, says deliveries of the FF 91 will begin in December. Despite being ghost-funded by a Chinese billionaire who’s been blacklisted due to unpaid debts, losing a factory deal with the State of Nevada, witnessing a mass exodus of its staff, and accumulating heaps of debt, Faraday claims it’s ready to move forward with assembly.

You’ll have to excuse the skepticism. But the brand has burned us in the past — delivering an ambitious but incomplete prototype, loads of hype, and little else.

Saying that production is an assurance with no request for additional investment is like getting an email from a Nigerian prince who just wants you to know that he’s good on the money front and wishes you well.  (Read More…)

By on December 19, 2017

Faraday Future FF 91 profile

Faraday Future is the real-life equivalent of a franchised movie monster. While not a physical manifestation of evil, destined to rip apart promiscuous teens in increasingly elaborate ways, it does possess the unique ability to keep coming back every time you thought it had finally been destroyed.

Despite having lost a factory in Nevada, a chief financial officer, chief technology officer, lead designer, head of manufacturing, Formula E team, and the public’s trust (you can add bankruptcy rumors to the mix, too), LeEco chairman Jia Yueting now claims the company has suddenly managed to raise $1 billion in funding.

Jason Voorhees, eat your heart out. (Read More…)

By on November 13, 2017

Faraday Future has issued a strange response to the criticism surrounding its most recent high-profile “staffing adjustment.” Last week, news broke that the startup automaker’s chief financial officer, Stefan Krause, left the firm in October — forcing media outlets to play catch up. When the information made its way to The Truth About Cars, we dug back into Faraday’s current condition and reported that things were still a mess at its California headquarters.

Unwilling to let the automotive media monopolize the conversation, Faraday released a response letter. In it, the company accuses Krause of being fired for “dereliction of duty” and said it would be taking legal action against him. It’s the first time the startup had updated its media page in months and is a peculiar reaction to a staffing change that, at the time, seemed like the least of Faraday’s worries. (Read More…)

By on November 10, 2017

It’s been a while since we’ve discussed the ongoing plight of Faraday Future. While most of this year — and all of the last — was riddled with missteps from the automotive startup, we’ve taken a break from reporting on it. That wasn’t because its situation had improved, however. Oh boy, is that ever not the case.

Earlier this month, details emerged that the business was preparing to file for bankruptcy, followed immediately by the firm denying the validity of those claims. Then, news broke that Faraday’s chief financial officer, Stefan Krause, had quietly resigned in October — despite having been hired specifically to solve the company’s financial troubles back in March.

This got us wondering as to exactly how much more can go wrong before Faraday Future finally throws in the towel. (Read More…)

By on January 24, 2017

Faraday Future FF 91

When Faraday Future showcased its new car at this year’s Consumer Electronics Show, everyone temporarily forgot the company was a structural and monetary dumpster fire. A large portion of that amnesia was the result of the extremely impressive presentation put on for the FF 91’s unveiling. Some of the visual effects used by Faraday in its presentations and propaganda marketing have been so impressive, it left me wondering who the company has trusted with those projects.

One company Faraday outsourced to was The Mill — a New York-based video production company that is suing Faraday for 1.8 million dollars over failure to pay it for a graphic presentation commissioned in September.

This is an exciting return to form for Faraday Future, which announced at CES that the construction of its Nevada factory — stalled due to similar payment issues — should continue shortly. (Read More…)

By on January 17, 2017

FF 91 Reveal, Image: Seth Parks

After much anticipation, Faraday Future finally revealed its production car, the FF 91. The presentation introduced the FF 91 as “the smartest car you’ll ever drive” and described capabilities of advanced sensors, machine learning, and autonomous driving — all great buzzwords. We saw a live demonstration of the FF 91’s ability to drive itself with the “driverless valet” feature. The car successfully parked itself in a parking lot outside the reveal and we were told to “never worry about parking again.”

Except, I watched the rest of the reveal and I’m pretty worried.

(Read More…)

By on January 4, 2017

ff_91_exterior_8

One year after Faraday Future (FF) revealed its futuristic and racy FFZERO1 concept, the company has pulled back the curtain on its first production car.

The FF 91 is cut from cloth similar to the recently revealed Lucid Air. Both cars are being built by California-based, Chinese-backed companies. And both are scheduled to follow Tesla into the EV Super Sedan market as Trump’s first term hits its midpoint. (Read More…)

By on January 4, 2017

Faraday Future FF 91

Despite a year’s worth of absolutely scathing publicity and countering hype from the company, Faraday Future finally presented the world with an electric vehicle at the Consumer Electronics Show last night.

The car — called the FF 91 — would become the quintessential futuristic vehicle if it lives up to even a third of Faraday’s claims. Faster than any Tesla, with better range, more sensors, and an incredible user recognition program, it was an extraordinary example of what Faraday needs to bring to the table in order to continue existing.

Faraday’s presentation contained a number of strange moments that touched upon the myriad of criticisms against it, without addressing anything too directly. After two countdown timers, Senior Vice President of R&D Nick Sampson took to the stage to remind the press of Faraday’s achievements over the past two years — suggesting its incongruous structuring and clean-slate history were assets. Sampson presented a short film of FF’s factory construction locale in Nevada — currently stalled due to non-payment — and the following speaker introduced North Las Vegas’ mayor in a sign of good faith.  (Read More…)

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