Faraday Future

Faraday Future is a US-based, Chinese-backed global company focused on the development of intelligent electric vehicles and mobility solutions. Faraday Future was established in 2014 and is currently based in Gardena, California. Since its inception in 2014, the company has grown to over 400 employees and the company has stated that this number will grow to over 500 by the end of 2015.[1][2]Planned location

Faraday Future announced in November 2015 that it would invest up to $1 billion into its first manufacturing facility. The states of California, Georgia, Louisiana, and Nevada are all being considered as locations for the facility.[3]

In December 2015, Faraday Future has settled on a location in North Las Vegas for a $1 billion investment in a new manufacturing site.[4]
Planned products

Faraday Future expects to launch its first fully electric vehicle in 2017, with the possibility of producing a larger range of vehicles over time.[5] [6] The company has implied plans to explore other aspects of the automotive and technology industries, such as experiential ownership and usage models, in-vehicle content, and autonomous driving.[7][8] At the LA Auto Show, Head of Design Richard Kim discussed his interest in creating a vehicle that featured internet access, in-car entertainment, aromatherapy technology, and ergonomic interior design.[9]

In July 2015, Motor Trend ran an article that provided a few specifications for Faraday Future’s proposed electric vehicle: it will have 15 percent higher specific energy than a Tesla Model S, it utilizes a multi cell solution where both individual cells and groups of cells can be replaced, and it will have a modular design for improved mass-production methods.[10]

On January 4, 2016 at the US Consumer Electronics Show, they revealed their 1,000 hp (750 kW), 200 mph (320 km/h), single seat race-car concept.[11] It has a style similar to the 1960s Bat-Mobile. They showed a video demonstrating how their basic design would allow for many body styles and battery configurations. No specific details were given for these potential car designs other than the race-car concept. Following the reveal, their social media pages were hit with mostly negative comments. Many stated that they were expecting details on an affordable production car that would compete with the Tesla Model 3 or Nissan Leaf. They expressed disappointment that the only design shown was of a high end concept race-car for the rich, instead of an affordable production car for the every day driver.
Commercial and marketing plans

The company said that some of Faraday Future’s revenue stream is expected to come from alternative, ancillary sources, the anticipated revenue structure being closer to that of the smartphone than to that of standard automobile sales.[12]

In November 2015, Faraday Future announced that they would attend CES International (the Consumer Electronics Show) in January 2016.[13][14]
Leadership and staff

Faraday Future is currently led by an executive team with 5 members:

    Nick Sampson - Senior Vice President of R&D and Engineering
    Dag Reckhorn - Vice President of Global Manufacturing
    Alan Cherry - Vice President of Human Resources
    Tom Wessner - Vice President of Supply Chain
    Richard Kim - Head of Design[15]
    Silva Hiti - Head of Powertrain development

In addition to the named executives, Faraday Future has reported that it has built a team from former GM, Ferrari, Lamborghini, BMW, Audi, Apple, Space X, and Hulu employees.[16] It is still unclear who is the CEO of Faraday Future.[1