faraday future

Just weeks after Canoo took the wraps off its electric vehicle, the Los Angeles-based startup and co-founder Stefan Krause have been accused of gender and marital discrimination, harassment, breach of contract…

EV subscription startup Canoo, co-founder sued for alleged harassment

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. It may have lost its original founding team, but the wheels are still rolling for…

Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment

Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which…

Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

Linear Labs, a startup developing an electric motor for cars, scooters, robots, wind turbines and even HVAC systems, has raised $4.5 million in a seed round led by Science Inc.…

Linear Labs’ next-gen electric motor attracts $4.5 million in funding

For a company with such a forward-looking name, the road ahead has been looking pretty bleak for Faraday Future. Debts, fleeing executives and payroll delays have clouded the last year…

Faraday Future furloughs more employees as cash woes continue

There were five. And now, there are none. Faraday Future, the once-buzzy Chinese electric vehicle startup that has delivered lots of promises and fanfare, but has struggled to deliver an…

Faraday Future loses the last of its founding executive team as problems deepen

Update: Faraday Future has responded to Evergrande Health’s filing with a public statement claiming that “contrary to what Evergrande has told the press and its shareholders, neither FF’s CEO YT Jia [Jia…

[Updated] Faraday Future investor Evergrande Health now says the troubled startup is trying to back out of deal

There’s a rare moment of cheer for floundering electric car maker Faraday Future after it landed a new investor and a fresh commitment of capital. Evergrande Health, a division of…

Beleaguered electric vehicle firm Faraday Future gets $2B investment boost

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Upstarts emerge to chase Tesla’s lead in electric vehicles

A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle startups have raised more than $2 billion in the U.S. over the first months of 2018 alone, a huge…

Upstarts emerge to chase Tesla’s lead in electric vehicles

Leshi Internet, one of China’s largest video-streaming services, disclosed that it must pay back 5.62 billion RMB (about $890 million) by the end of this year. Leshi Internet’s (also known…

Leshi Internet says it must repay $890 million in debts by the end of 2018

Faraday Future recently abandoned plans to build its own tailor-made factory from scratch in Nevada, and now it’s signed a lease on a new ready-made production facility in Hanford, Calif.…

Faraday Future signs lease on new turn-key manufacturing facility

Faraday Future is an electric car company with a very uncertain future, following news that it would be ending its effort to build an assembly plant for its vehicles in…

Faraday Future answers mounting challenges with high-profile CTO hire

Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to postpone July’s payroll…

LeEco delays payroll until August due to ‘financial constraints’

Faraday Future might as well pack it up and call it a day. The company has reportedly abandoned plans to build a massive factory in the Nevada desert. This facility…

Faraday Future is one step closer to the deadpool

Faraday Future, the would-be Tesla rival facing well-documented challenges in terms of capitalization and efforts to bring its first production vehicle to market, has scrapped plans to construct an assembly…

Faraday Future cancels plans to build an assembly factory in California

Formula E announced the nine manufacturers that will race electric cars in seasons five, six, and seven. You may think this is no big whoop, but it is. Here’s why…

Nine manufacturers set for 2018 Formula E season

Faraday Future is scaling back some of its ambitions, according to Reuters, taking its planed product portfolio from seven electric vehicles to just two, and also reducing the size of…

Faraday Future said to be scaling back its electric car model lineup

There’s a chance some of Faraday Future’s videos and photos feature special effects instead of images of the real vehicles. And now the company known for creating such promos for…

Faraday Future sued by visual effects studio for $1.8 million

At a very big event in Las Vegas ahead of CES, Faraday Future showed off the FF 91 — its first production car — and show off a few of…

Here is Faraday Future’s first production car, the FF 91

Faraday Future is a company whose future is incredibly uncertain, and it’s about to show us its stuff at CES 2017. The electric carmaker (or potential carmaker) has been in…

Faraday Future’s big CES 2017 car reveal live blog

Electric vehicle maker Faraday Future may not be able to make its first cars in time to hit its 2017 shipping deadlines, according to a new report by the Financial…

Faraday Future’s factory construction paused; shipping timelines at risk

There’s good news and bad news for LeEco, the ambitious Chinese tech company that is working on electric cars, smartphones, smart TVs and more.

LeEco secures $600M in fresh funding as financial issues reportedly halt electric car project

The concept car is basically always a vehicle of pure puffery, and carmakers go above and beyond when it comes to teasing the future. But few are as accomplished on…

Faraday Future says it’s finally going to show us a real car at CES

Los Angeles is famous for two things: entertainment and traffic. Back in the 1950s, any association with “stars” and “cars” would be the envy of any modern city. But today,…

Los Angeles is a transportation tech powerhouse

This morning, Faraday Future Dragon Racing unveiled its livery for the third season of the Formula E all-electric open-wheel racing series in Hong Kong. The car’s black-and-white fade pattern echoes…

Formula E grows, gains cred

How do you prove you’re serious about making electric cars? A partnership with one of the suppliers currently producing batteries at scale for shipping vehicles is a good start. Faraday…

Faraday Future partners with Chevy Bolt-supplier LG Chem on batteries

Faraday Future is driving a camouflaged version of a real upcoming production EV in LA, according to Electrek. The site reports that a candid shot of a covered-up SUV is…

This could be Faraday Future’s answer to the Tesla Model X

LeEco’s not just messing around with this whole electric car deal. Back in April, the Chinese electronics company best known for its TVs and smartphone (once named LeTV, if that…

LeEco plans to build a $1.8 billion plant to take on Tesla

Chinese-backed electric car maker Faraday Future says it is working on a self-driving vehicle. The company not so secretly owned by LeTV joins a growing list of tech companies making autonomous cars,…

Faraday Future says it is also making an autonomous car

If you know LeEco at all, it’s likely for the Chinese company’s smartphones. Or, maybe you’ve caught wind of its video streaming services or smart televisions — it was known…

LeEco wheels out its own self-driving electric concept car, following deals with Faraday Future and Aston Martin