Tag Archives: Faraday Future

Head Faraday Future designer resigns

Faraday Future won't necessarily end 2017 on a high note. The company's chief designer, Richard Kim, tendered his resignation on November 27, The Verge reported last Friday. Kim is a former BMW designer and one of the earlier hires at the fledgling electric-car company. The report said Kim had discussed leaving for about two or three months before...

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Faraday Future out of Formula E as Dragon Racing partnership ends

Faraday Future looks to be out of Formula E after just one season. The struggling electric car startup became the title sponsor and technical partner of the Dragon Racing Formula E team in July 2016, with the team rebranded Faraday Future Dragon Racing for the 2016/2017 season. However, the team has reverted to the Dragon Racing name for the 2017/2018...

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Did Tata just buy a $900M stake in Faraday Future?

Faraday Future may have just been thrown a life line in the form of a $900 million investment by Indian automaker Tata. Chinese automotive news aggregator Gasgoo claims media sources in China are reporting that the $900 million is for a 10 percent stake in Faraday Future, thus valuing the electric car startup at $9 billion. While it may seem like Tata is...

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Faraday Future considers leaving Formula E to save money

Faraday Future isn't going to have much of a future if it doesn't start producing vehicles and taking in serious amounts of cash. The electric upstart has been in a seemingly endless spiral of will they-won't they with regards to creating a production ready vehicle, keeping its factory plans alive...

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BMW i boss joins Faraday Future

Struggling electric car startup Faraday Future has hired former BMW executive Ulrich Kranz for the new role of Chief Technology Officer. Kranz, 59, is a BMW veteran and has led the German automaker's i sub-brand for electric mobility since 2008. He said he was motivated to join Faraday Future...

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Faraday Future reminds us it’s not dead

It's been a while since we've heard from Faraday Future. In fact, the Chinese-backed electric car startup hasn't announced any news since the reveal of its first car, the FF 91, during January's 2017 Consumer Electronics Show. The absence of news coupled with delays in...

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