Faraday Future

Faraday Future was founded by Chinese businessman Jia Yueting in May 2014{{cite news |url=https://www.theguardian.com/technology/2016/apr/20/faraday-futures-owner-rival-electric-car-startup-atieva-jia-yueting |title=Battle of the electric car startups: will Faraday Future merge with Atieva? |first=Mark |last=Harris |work=The Guardian |location=UK |date=2016-04-20 |access-date=2017-01-26 |archive-url=https://web.archive.org/web/20170202122830/https://www.theguardian.com/technology/2016/apr/20/faraday-futures-owner-rival-electric-car-startup-atieva-jia-yueting |archive-date=2017-02-02 |url-status=live }} and is headquartered in Los Angeles, California, in the Harbor Gateway neighborhood adjacent to Carson, California. From its inception in 2014, the company grew to 1,000 employees by January 2016.{{cite news |url=https://www.forbes.com/sites/aarontilley/2016/01/05/faraday-future-were-going-to-move-a-lot-faster-than-tesla/ |title=Faraday Future: We're Going To Move A Lot Faster Than Tesla |first=Aaron |last=Tilley |work=Forbes |date=2016-01-05 |access-date=2016-01-07 |archive-url=https://web.archive.org/web/20160107204430/http://www.forbes.com/sites/aarontilley/2016/01/05/faraday-future-were-going-to-move-a-lot-faster-than-tesla/ |archive-date=2016-01-07 |url-status=live }}

The company is named for a founding principle of electric motor technology known as Faraday's law of induction,{{Cite web|url=http://www.shearcomfort.com/blog/faraday-future-exclusive-interview/|title=Faraday Future Talks AI, Multi-Seat EVs in Exclusive Interview|date=2016-06-03|website=Shear Comfort Auto Blog|access-date=2016-06-08|archive-url=https://web.archive.org/web/20170108111057/http://www.shearcomfort.com/blog/faraday-future-exclusive-interview/|archive-date=2017-01-08|url-status=dead}} which in turn is named after English scientist Michael Faraday who discovered electromagnetic induction.

In October 2024, Faraday Future and Master Investment Group of United Arab Emirates announced a co-investment agreement to launch operational and sales activities within the UAE in 2025 and 2026.{{Cite news |date=October 24, 2024 |title=FARADAY FUTURE SIGNS AGREEMENTS FOR RAS AL KHAIMAH DEVELOPMENT, OFFICE AND ENGINEERING SPACE, AND AN OPERATIONAL HUB |url=https://investors.ff.com/news-releases/news-release-details/faraday-future-signs-agreements-ras-al-khaimah-development}}{{Cite web |last=Gupta |first=Lekha |title=Revving Up In The Middle East: Faraday's New UAE Headquarters Solidifies EV Expansion Strategy - Faraday Future (NASDAQ:FFIE) |url=https://www.benzinga.com/markets/equities/24/10/41541997/revving-up-in-the-middle-east-faradays-new-uae-headquarters-solidifies-ev-expansion-strategy |access-date=2024-11-23 |website=Benzinga |language=English}}

Faraday Future announced in November 2015 that it would invest up to $1 billion in its first manufacturing facility.{{Cite news |title=A Mysterious Electric Carmaker has its Sights on Tesla |url=http://fortune.com/2015/11/05/faraday-future-tesla-mystery-electric-car/ |first=Don |last=Reisinger |work=Fortune |date=2015-11-05 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151124200143/http://fortune.com/2015/11/05/faraday-future-tesla-mystery-electric-car/ |archive-date=2015-11-24 |url-status=live }}

In December 2015, Faraday Future settled on a location in North Las Vegas for its manufacturing site,{{cite news |url=https://www.wsj.com/articles/faraday-future-picks-nevada-site-for-1-billion-electric-car-investment-1449710099 |title=Faraday Future Picks Nevada Site for $1 Billion Electric-Car Investment |first=Mike |last=Ramsey |work=The Wall Street Journal |date=2015-12-09 |access-date=2016-01-07 |archive-url=https://web.archive.org/web/20160106101853/http://www.wsj.com/articles/faraday-future-picks-nevada-site-for-1-billion-electric-car-investment-1449710099 |archive-date=2016-01-06 |url-status=live }} to be built by AECOM for $500 million.{{cite web|url=http://www.constructiondive.com/news/aecom-snags-500m-contract-to-build-nv-faraday-future-plant/428476/|title=AECOM snags $500M contract to build NV Faraday Future plant|date=2016-10-16|work=Construction Dive|access-date=2016-12-19|archive-url=https://web.archive.org/web/20161110100611/http://www.constructiondive.com/news/aecom-snags-500m-contract-to-build-nv-faraday-future-plant/428476/|archive-date=2016-11-10|url-status=live}} Construction began in April 2016 on infrastructure which Nevada agreed to build, but was suspended in November pending verification of Faraday Future's financial stability.{{cite news |url=https://www.wsj.com/articles/electric-car-maker-faraday-breaks-ground-in-nevada-1460589107 |title=Electric Car Maker Faraday Breaks Ground in Nevada Startup aided by promise of state incentives moving ahead on first vehicle |first=Mike |last=Ramsey |work=The Wall Street Journal |date=2016-04-13 |access-date=2016-04-15 |archive-url=https://web.archive.org/web/20160414172928/http://www.wsj.com/articles/electric-car-maker-faraday-breaks-ground-in-nevada-1460589107 |archive-date=2016-04-14 |url-status=live }} The facility was spurred by a $215 million tax incentive, and a {{convert|4|mile|km|adj=on|0|abbr=out}} railway spur in 2018 to the {{convert|300|sqft|m2|abbr=on|disp=preunit|million }} future factory with 4,500 full-time employees.{{cite web |url=http://www.northlasvegastribune.com/north-las-vegas-car-plan-begins-construction/ |archive-url=https://web.archive.org/web/20161211221718/http://www.northlasvegastribune.com/north-las-vegas-car-plan-begins-construction/ |title=Faraday Future Approved for Apex Rail Spur |date=2016-08-30 |archive-date=2016-12-11 |work=North Las Vegas Tribune |access-date=2016-12-11 |url-status=dead }}

On May 24, 2016, the City of Vallejo, California, announced a May 31 Special City Council meeting to consider an exclusive negotiating agreement. This represented the first step to bring Faraday Future to Mare Island. Following Karma Automotive's new plant in Moreno Valley,{{cite news |url=http://www.latimes.com/business/autos/la-fi-hy-karma-car-factory-20160617-snap-story.html |title=Karma comes around again: California's newest car factory aims to rival Tesla |date=2016-06-17 |access-date=2016-06-17 |archive-url=https://web.archive.org/web/20160617150042/http://www.latimes.com/business/autos/la-fi-hy-karma-car-factory-20160617-snap-story.html |archive-date=2016-06-17 |url-status=live }} the project would be the second new automobile manufacturing facility to be built from the ground up in California within the last few years. It was projected to bring hundreds of millions of dollars in new investment to the local economy.{{cite news |url=http://www.cityofvallejo.net/common/pages/DisplayFile.aspx?itemId=3962563 |title=City of Vallejo schedules May 31 vote on Agreement with Faraday Future for exclusive negotiations on 153 Acers |date=2016-05-24 |access-date=2016-05-24 |archive-url=https://web.archive.org/web/20160528085826/http://www.cityofvallejo.net/common/pages/DisplayFile.aspx?itemId=3962563 |archive-date=2016-05-28 |url-status=live }} On May 31, 2016, the City Council unanimously agreed to enter the 6-month agreement.{{Cite web|url=http://www.latimes.com/business/la-fi-faraday-vallejo-20160531-snap-story.html|title=Tesla rival Faraday gets one step closer to building electric cars in Vallejo|last=Times|first=Los Angeles|website=Los Angeles Times|date=June 2016|access-date=2016-06-06|archive-url=https://web.archive.org/web/20160605182206/http://www.latimes.com/business/la-fi-faraday-vallejo-20160531-snap-story.html|archive-date=2016-06-05|url-status=live}}{{Cite web|url=http://www.emvalley.com/news/weekly-electromobility-news-5/|title=Weekly Electromobility News – Electromobility News|website=www.emvalley.com|access-date=2016-06-06|archive-url=https://web.archive.org/web/20160810064029/http://www.emvalley.com/news/weekly-electromobility-news-5/|archive-date=2016-08-10|url-status=live}}

Due to plans to develop a production vehicle and plant in North Las Vegas, Faraday Future ended its exclusive agreement with the City of Vallejo in March 2017.{{cite news|url=http://www.cityofvallejo.net/common/pages/DisplayFile.aspx?itemId=7423670|title=City of Vallejo provides update on 157-acre opportunity on North Mare Island|date=2017-03-24|access-date=2017-03-24|archive-url=https://web.archive.org/web/20170325112930/http://www.cityofvallejo.net/common/pages/DisplayFile.aspx?itemId=7423670|archive-date=2017-03-25|url-status=live}}

On July 10, 2017, the company announced it would no longer build a plant in North Las Vegas because of financial setbacks.{{Cite web|url=https://www.theverge.com/2017/7/10/15948976/faraday-future-halts-factory-nevada-cash-woes|title=Faraday Future abandons plan to build $1 billion electric car factory in Nevada amid cash woes|last=Hawkins|first=Andrew J.|date=2017-07-10|website=The Verge|access-date=2017-07-11|archive-url=https://web.archive.org/web/20170711032546/https://www.theverge.com/2017/7/10/15948976/faraday-future-halts-factory-nevada-cash-woes|archive-date=2017-07-11|url-status=live}}{{Cite web|title=An electric vehicle startup with a troubled past seeks a SPAC|url=https://fortune.com/2020/10/06/an-electric-vehicle-startup-with-a-troubled-past-seeks-a-spac/|access-date=2020-10-25|website=Fortune|language=en}}

In August 2017, the company announced that it had signed a lease for a former Pirelli tire plant in Hanford, California. The company said that it could employ up to 1,300 people over time and build up to 10,000 cars a year at that location.Multiple sources:

• {{cite news |url=http://www.fresnobee.com/news/local/article165856987.html |title=Faraday Future signs lease for Hanford tire plant |first=Gonhia |last=Lee |work=The Fresno Bee |location=US |date=2017-08-08 |access-date=2018-02-03 |archive-url=https://web.archive.org/web/20170807213143/http://www.fresnobee.com/news/local/article165856987.html |archive-date=2017-08-07 |url-status=live }}
• {{cite news |url=http://hanfordsentinel.com/news/local/electric-car-maker-coming-to-hanford/article_20a95c51-da08-584d-a799-2612293a06cb.html |title=Electric car maker coming to Hanford |work=Hanford Sentinel |location=US |date=2017-08-07 |access-date=2018-02-03 |archive-url=https://web.archive.org/web/20170810215002/http://hanfordsentinel.com/news/local/electric-car-maker-coming-to-hanford/article_20a95c51-da08-584d-a799-2612293a06cb.html |archive-date=2017-08-10 |url-status=live }}

Faraday Future originally planned to launch its first fully electric vehicle in 2017, with the possibility of producing a larger range of vehicles over time.Multiple sources:

• {{Cite web |title=Faraday Future Electric Car Company Founders Interview |url=http://dujour.com/lifestyle/faraday-future-founders-electric-cars-interview-pictures/ |website=DuJour |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151217032004/http://dujour.com/lifestyle/faraday-future-founders-electric-cars-interview-pictures/ |archive-date=2015-12-17 |url-status=live }}
• {{Cite news |title=Mysterious electric car start-up in Gardena has ties to Chinese multibillionaire |url=http://www.latimes.com/business/autos/la-fi-hy-faraday-auto-factory-plan-20151105-story.html |first1=Jerry |last1=Hirsch |first2=Samantha |last2=Masunaga |newspaper=LA Times |date=2015-11-05 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151209093100/http://www.latimes.com/business/autos/la-fi-hy-faraday-auto-factory-plan-20151105-story.html |archive-date=2015-12-09 |url-status=live }}

The company has implied plans to explore other aspects of the automotive and technology industries, such as alternative ownership and usage models, in-vehicle content, and autonomous driving.Multiple sources:

• {{Cite news |title=Faraday to reveal its electric car plans at CES in January |url=http://www.reviewjournal.com/news/las-vegas/faraday-reveal-its-electric-car-plans-ces-january |first1=Bethany |last1=Barnes |first2=Sandra |last2=Chereb |work=Las Vegas Review-Journal |date=2015-11-19 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151210214242/http://www.reviewjournal.com/news/las-vegas/faraday-reveal-its-electric-car-plans-ces-january |archive-date=2015-12-10 |url-status=live }}
• {{Cite news |title=More secrets of EV manufacturer Faraday Future revealed |url=http://www.autoblog.com/2015/12/01/faraday-future-interview/ |work=Autoblog |date=2015-12-01 |access-date=2015-12-10 |first=Jonathon |last=Ramsey |archive-url=https://web.archive.org/web/20151213073415/http://www.autoblog.com/2015/12/01/faraday-future-interview/ |archive-date=2015-12-13 |url-status=live }}
• {{Cite news |title=Meet Dr Bibhrajit Halder of Faraday Future |url=http://auto-sens.com/welcome-to-the-faraday-future/ |work=AutoSens |date=2016-04-04 |access-date=2015-04-04 |first=Rob |last=Stead |archive-url=https://web.archive.org/web/20160319225145/http://auto-sens.com/welcome-to-the-faraday-future |archive-date=2016-03-19 |url-status=live }}
• {{cite journal |last=Umar Zakir Abdul |first=Hamid |title=Current Collision Mitigation Technologies for Advanced Driver Assistance Systems–A Survey |journal=PERINTIS eJournal |date=2016 |volume=6 |issue=2 |url=https://www.researchgate.net/publication/311981545 |display-authors=etal |access-date=2017-06-14 |archive-url=https://web.archive.org/web/20170803213020/https://www.researchgate.net/profile/Umar_Zakir_Abdul_Hamid/publication/311981545_Current_Collision_Mitigation_Technologies_for_Advanced_Driver_Assistance_Systems_-_A_Survey/links/586670d108ae329d62074a57.pdf |archive-date=2017-08-03 |url-status=live }}

In July 2015, Motor Trend revealed tentative 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.{{Cite news |title=New Electric Car Company Emerges: Faraday Future |url=http://www.motortrend.com/news/new-california-based-electric-car-company-emerges-faraday-future/ |first=Kelly |last=Pleskot |work=Motor Trend |date=2015-11-06 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151210214727/http://www.motortrend.com/news/new-california-based-electric-car-company-emerges-faraday-future/ |archive-date=2015-12-10 |url-status=live }}

At the November 2015 LA Auto Show, former 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.{{Cite news |title=Faraday Future's 2017 Tesla Model S rival with a 300+ mile range will charge into CES 2016 |url=https://finance.yahoo.com/news/faraday-future-2017-tesla-model-195120592.html |first=Miles |last=Branman |work=Yahoo Finance |date=2015-11-30 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151210021802/http://finance.yahoo.com/news/faraday-future-2017-tesla-model-195120592.html |archive-date=2015-12-10 |url-status=live }}

On January 4, 2016, at the US Consumer Electronics Show, Faraday Future revealed its concept vehicle, {{convert|1000|hp|kW|abbr=on|-1}}, {{convert|200|mph|km/h|abbr=on|-1}}, single seat sportscar FF ZERO1.{{cite web |url=http://www.faradayfuture.com/ces2016/ |title=Glimpse Into the Future – FFZERO1 Concept |year=2016 |access-date=2016-01-05 |archive-url=https://web.archive.org/web/20160105070830/http://www.faradayfuture.com/ces2016/ |archive-date=2016-01-05 |url-status=dead }} Their video demonstrated how their Variable Platform Architecture (not in the concept vehicle) would allow for many body styles and battery configurations, but specific details or production schedules were not given for these potential car designs, only outlines of a crossover-like vehicle.Multiple sources:

• {{cite magazine |url=https://www.roadandtrack.com/new-cars/car-technology/news/a27835/faraday-future-wont-have-a-complete-platform-for-another-two-months/ |title=Faraday Future's Innovative New Platform Doesn't Even Exist Yet |last=Del-Colle |first=Andrew |date=2016-01-08 |magazine=Road & Track |access-date=2018-10-31 |quote=Faraday Future doesn't have any fully completed platforms yet, and the FFZero1 barely has anything underneath of it. |archive-url=https://web.archive.org/web/20181101055222/https://www.roadandtrack.com/new-cars/car-technology/news/a27835/faraday-future-wont-have-a-complete-platform-for-another-two-months/ |archive-date=2018-11-01 |url-status=live }}
• {{Cite magazine |url=https://www.wired.com/2016/01/forget-faraday-futures-crazy-concept-car-it-has-bigger-plans/ |title=Forget Faraday Future's Crazy Concept Car. It Has Bigger Plans |magazine=WIRED |date=2016-01-21 |access-date=2017-01-04 |archive-url=https://web.archive.org/web/20161230123718/https://www.wired.com/2016/01/forget-faraday-futures-crazy-concept-car-it-has-bigger-plans/ |archive-date=2016-12-30 |url-status=live }} Following the revelation, comments on social media expressed disappointment that the only design exhibited was a high-end concept race car that would never be produced.{{Cite web|url=https://electrek.co/2016/01/08/faraday-future-svp-admits-unveiling-the-ffzero1-concept-for-attention-interview-with-nick-sampson-video/|title=Faraday Future SVP admits unveiling the FFZERO1 concept for attention – Interview with Nick Sampson [Video]|last=Lambert|first=Fred|date=2016-01-08|website=Electrek|access-date=2016-12-21|archive-url=https://web.archive.org/web/20161222002017/https://electrek.co/2016/01/08/faraday-future-svp-admits-unveiling-the-ffzero1-concept-for-attention-interview-with-nick-sampson-video/|archive-date=2016-12-22|url-status=live}}

Faraday Future planned to begin testing self-driving vehicles on California roads after winning approval from California in June 2016.{{cite news |url=https://www.yahoo.com/tech/tesla-rival-faraday-approved-test-self-driving-cars-210439778--finance.html |title=Faraday Future to build self-driving vehicles and build and sell electric vehicles |last=Lienert |first=Paul |date=2016-06-21 |work=Yahoo Tech |access-date=2016-06-28 |archive-url=https://web.archive.org/web/20160622174913/https://www.yahoo.com/tech/tesla-rival-faraday-approved-test-self-driving-cars-210439778--finance.html |archive-date=2016-06-22 |url-status=live }}

Faraday Future unveiled its luxury model FF 91 130 kWh crossover vehicle, its first production vehicle, at the January 2017 US Consumer Electronics Show,{{Cite magazine|url=https://www.wired.com/2017/01/farraday-futures-tesla-beater-debut-doesnt-go-quite-planned-aw/|title=Faraday Future's 'Tesla Beater' Debut Doesn't Go Quite As Planned|date=2017-01-03|first=Jack|last=Stewart|magazine=WIRED|access-date=2017-01-03|archive-url=https://web.archive.org/web/20170104164833/https://www.wired.com/2017/01/farraday-futures-tesla-beater-debut-doesnt-go-quite-planned-aw/|archive-date=2017-01-04|url-status=live}}Multiple sources:

• {{cite news |first=Steven |last=Overly |title=At CES 2017, Faraday Future showed the car that could make or break it |url=https://www.washingtonpost.com/news/innovations/wp/2017/01/04/at-ces-2017-faraday-future-showed-the-car-that-could-make-or-break-it/ |newspaper=Washington Post |date=2017-01-04 |access-date=2017-01-04 |archive-url=https://web.archive.org/web/20170104233000/https://www.washingtonpost.com/news/innovations/wp/2017/01/04/at-ces-2017-faraday-future-showed-the-car-that-could-make-or-break-it/ |archive-date=2017-01-04 |url-status=live }}
• {{Cite web |url=https://electrek.co/2016/12/06/faraday-future-tease-production-electric-ca/ |title=Faraday Future teases its first production-intent electric car ahead of unveil next month |last=Lambert |first=Fred |date=2016-12-06 |website=Electrek |access-date=2016-12-21 |archive-url=https://web.archive.org/web/20161222001653/https://electrek.co/2016/12/06/faraday-future-tease-production-electric-ca/ |archive-date=2016-12-22 |url-status=live }}
• {{Cite web |url=https://electrek.co/2016/10/19/faraday-future-to-unveil-its-first-production-car-at-ces-2017-in-january/ |title=Faraday Future to unveil its first production car at CES 2017 in January |last=Lambert |first=Fred |date=2016-10-19 |website=Electrek |access-date=2016-12-21 |archive-url=https://web.archive.org/web/20161222001619/https://electrek.co/2016/10/19/faraday-future-to-unveil-its-first-production-car-at-ces-2017-in-january/ |archive-date=2016-12-22 |url-status=live }} with connected car features. Faraday received 64,124 reservations within the first 36 hours, despite a demonstration that did not go particularly well.{{cite news |url=https://electrek.co/2017/01/05/faraday-future-claims-to-have-received-over-64000-reservation-for-its-ff-91-electric-vehicle-in-36-hours/ |title=Faraday Future says it has received over 64,000 reservations for its FF 91 electric vehicle in 36 hours |first=Jameson |last=Dow |work=Electrek |location=US |date=2017-01-05 |access-date=2017-01-08 |archive-url=https://web.archive.org/web/20170108192322/https://electrek.co/2017/01/05/faraday-future-claims-to-have-received-over-64000-reservation-for-its-ff-91-electric-vehicle-in-36-hours/ |archive-date=2017-01-08 |url-status=live }} It is claimed to accelerate {{convert|0-60|mph|km/h|abbr=on|0}} in less than 2.5 seconds,{{Cite web |url=https://electrek.co/2016/12/15/faraday-future-electric-crossover-beats-teslas-model-x-p100d-ludicrous/ |title=Faraday Future claims its electric crossover beats Tesla's Model X P100D Ludicrous in a drag race, releases video |last=Lambert |first=Fred |date=2016-12-15 |website=Electrek |access-date=2016-12-21 |archive-url=https://web.archive.org/web/20161222001912/https://electrek.co/2016/12/15/faraday-future-electric-crossover-beats-teslas-model-x-p100d-ludicrous/ |archive-date=2016-12-22 |url-status=live }}{{Cite web |url=https://electrek.co/2016/12/23/faraday-future-prototype-beats-tesla-model-s-p100d/ |title=Faraday Future now claims that its prototype beats the Tesla Model S P100D's 2.5 seconds 0 to 60 mph |last=Lambert |first=Fred |date=2016-12-23 |website=Electrek |access-date=2016-12-23 |archive-url=https://web.archive.org/web/20161224095139/https://electrek.co/2016/12/23/faraday-future-prototype-beats-tesla-model-s-p100d/ |archive-date=2016-12-24 |url-status=live }} costing less than $300,000.{{cite web |url=https://electrek.co/2017/01/13/faraday-future-ff91-electric-vehicle-cost-300000-ceo-jia-yueting/ |title=Faraday Future's new FF91 electric vehicle will cost 'less than $300,000', says CEO Jia Yueting |last=Lambert |first=Fred |date=2017-01-13 |work=Electrek |access-date=2017-01-14 |archive-url=https://web.archive.org/web/20170115080303/https://electrek.co/2017/01/13/faraday-future-ff91-electric-vehicle-cost-300000-ceo-jia-yueting/ |archive-date=2017-01-15 |url-status=live }} Faraday Future plans several cars based on its Variable Platform Architecture.{{cite web|url=https://www.theverge.com/2016/12/22/13908160/faraday-future-vs-ff-cayman-global-problems-jia-leeco-lesee-car |archive-url=https://web.archive.org/web/20161225081101/http://www.theverge.com/2016/12/22/13908160/faraday-future-vs-ff-cayman-global-problems-jia-leeco-lesee-car |title=Behind the scenes at Faraday Future, an electric carmaker on the brink of collapse|date=2016-12-22 |archive-date=2016-12-25 |publisher=Vox Media|work=The Verge |access-date=2016-12-28|url-status=live}}

In April 2019, Faraday Future announced a partnership with Chinese video game company, The9, to develop a minivan named the V9, exclusively for the China market.{{Cite web|url=https://www.motorauthority.com/news/1122468_this-is-the-minivan-faraday-futures-designing-for-a-chinese-video-game-company|title=This is the minivan Faraday Future's designing for a Chinese video game company|website=Motor Authority|date=April 5, 2019 |language=en|access-date=2019-08-17|archive-url=https://web.archive.org/web/20190817031701/https://www.motorauthority.com/news/1122468_this-is-the-minivan-faraday-futures-designing-for-a-chinese-video-game-company|archive-date=2019-08-17|url-status=live}}{{Cite web|url=https://www.forbes.com/sites/sebastianblanco/2019/03/25/faraday-future-v9-china-the9-limited-joint-venture/|title=Faraday Future Could Sell V9 EV In China Through Joint Venture With The9 Limited|last=Blanco|first=Sebastian|website=Forbes|language=en|access-date=2019-08-17|archive-url=https://web.archive.org/web/20190816144826/https://www.forbes.com/sites/sebastianblanco/2019/03/25/faraday-future-v9-china-the9-limited-joint-venture/|archive-date=2019-08-16|url-status=live}}

In late 2015, the company said that part of Faraday Future's revenue stream was expected to come from alternative sources, with the anticipated revenue structure closer to that of the smartphone than to that of standard automobile sales.{{Cite news |title=Faraday Future reveals FFZERO1 concept at CES |url=http://www.autocar.co.uk/car-news/motor-shows-ces/faraday-futures-tesla-model-s-rival-be-revealed-ces |first=Darren |last=Moss |work=Autocar |date=2016-01-07 |access-date=2015-12-10 |archive-url=https://web.archive.org/web/20151203131459/http://www.autocar.co.uk/car-news/motor-shows-ces/faraday-futures-tesla-model-s-rival-be-revealed-ces |archive-date=2015-12-03 |url-status=dead }}

By 2016, Faraday had been the subject of speculation voiced by ex-employees and government officials who expressed doubts about the company's finances.{{Cite web |url=http://corp.aol.com/news/nevada-treasurer-raises-questions-about-faraday-future |title=Nevada treasurer raises questions about Faraday Future {{!}} AOL Corporate |website=corp.aol.com |access-date=2016-07-19 |archive-url=https://web.archive.org/web/20160818054051/http://corp.aol.com/news/nevada-treasurer-raises-questions-about-faraday-future |archive-date=2016-08-18 |url-status=live }}{{Cite web |url=http://www.autoblog.com/2016/07/10/faraday-future-questions-nevada-treasurer/ |title=Nevada treasurer raises questions about Faraday Future |last=King |first=Danny |website=Autoblog |date=July 10, 2016 |access-date=2016-07-19 |archive-url=https://web.archive.org/web/20160715044047/http://www.autoblog.com/2016/07/10/faraday-future-questions-nevada-treasurer/ |archive-date=2016-07-15 |url-status=live }} The company had failed to fund even relatively small escrow accounts, which led to some analysts doubting the company's financial solidity and overall investment strategy.{{cite news |url=http://www.wallstreetdaily.com/2016/04/20/faraday-future-electric-cars/ |title=Faraday Future: Is This Car Company Legit? |first=Greg |last=Miller |work=Wall Street Daily |location=US |date=2016-04-20 |access-date=2017-01-02 |archive-url=https://web.archive.org/web/20161209135130/http://www.wallstreetdaily.com/2016/04/20/faraday-future-electric-cars/ |archive-date=2016-12-09 |url-status=dead }} In July 2016, several investment officers and managers expressed concern over the company's finances.{{Cite web|url=https://www.bloomberg.com/news/articles/2016-07-04/chinese-billionaire-s-plan-to-trounce-tesla-has-a-vegas-problem|title=The Chinese Billionaire Who Wants to Out-Tesla Tesla|date=2016-07-05|website=Bloomberg|access-date=2016-12-11|archive-url=https://web.archive.org/web/20161220161453/https://www.bloomberg.com/news/articles/2016-07-04/chinese-billionaire-s-plan-to-trounce-tesla-has-a-vegas-problem|archive-date=2016-12-20|url-status=live}}{{Cite web|url=http://cleantechnica.com/2016/07/08/faraday-futures-nevada-factory-hits-speed-bump/|title=Faraday Future's Nevada Factory Hits Speed Bump|website=CleanTechnica|access-date=2016-07-19|archive-url=https://web.archive.org/web/20160709141455/https://cleantechnica.com/2016/07/08/faraday-futures-nevada-factory-hits-speed-bump/|archive-date=2016-07-09|url-status=live}}

Faraday Future suspended work on its Nevada site in November 2016 until the first $300 million of a claimed $600 million in funding would be realized.{{cite web |url=https://electrek.co/2016/11/15/faraday-future-delays-ev-factory-construction-securing-more-money/ |title=Faraday Future delays EV factory construction while investors secured $600 million in financing |last=Lambert |first=Fred |date=2016-11-15 |work=Electrek |access-date=2016-11-15 |archive-url=https://web.archive.org/web/20161116021934/https://electrek.co/2016/11/15/faraday-future-delays-ev-factory-construction-securing-more-money/ |archive-date=2016-11-16 |url-status=live }}{{cite web |url=https://www.reuters.com/article/us-leeco-fundraising-idUSKBN13A10K |title=China's Leshi Holdings secures $600 million in support |date=2016-11-15 |work=Reuters |access-date=2016-11-15 |archive-url=https://web.archive.org/web/20161116021830/http://www.reuters.com/article/us-leeco-fundraising-idUSKBN13A10K |archive-date=2016-11-16 |url-status=live }}{{cite web|url=https://www.buzzfeed.com/priya/turmoil-at-faraday-future |archive-url=https://web.archive.org/web/20161227112048/https://www.buzzfeed.com/priya/turmoil-at-faraday-future |title=Faraday Future Plagued By Lawsuits, Unpaid Bills Ahead Of Electric Car Reveal|date=2016-12-15 |archive-date=2016-12-27 |work=BuzzFeed|access-date=2016-12-28 |url-status=live |quote=Faraday is temporarily adjusting their construction schedule with plans to resume in early 2017,” AECOM said}} The delay was criticized by Nevada officials,{{cite web|url=http://www.chinadaily.com.cn/business/tech/2016-11/22/content_27448085.htm|title=Outlook bleak for LeEco's Nevada electric vehicle plant|date=2016-11-28|work=China Daily|access-date=2016-12-28|archive-url=https://web.archive.org/web/20161229033036/http://www.chinadaily.com.cn/business/tech/2016-11/22/content_27448085.htm|archive-date=2016-12-29|url-status=live}} which Jia refuted.{{cite web|url=http://jalopnik.com/nevada-official-claims-that-the-chinese-billionaire-beh-1789426896 |archive-url=https://web.archive.org/web/20161227044825/http://jalopnik.com/nevada-official-claims-that-the-chinese-billionaire-beh-1789426896 |title=Nevada Official Claims That The Chinese Billionaire Behind Faraday Future Is Broke|date=2016-11-28 |archive-date=2016-12-27 |work=Jalopnik |access-date=2016-12-28 |url-status=live}} Among FF's many financial challenges as of late 2016 was providing surety for a $140 million loan when LeEco bought a $250 million piece of land in California from Yahoo.{{cite web|url=http://jalopnik.com/inside-sources-say-faraday-future-is-a-bigger-catastrop-1789990283 |archive-url=https://web.archive.org/web/20161227044825/http://jalopnik.com/inside-sources-say-faraday-future-is-a-bigger-catastrop-1789990283 |title=Inside Sources Say Faraday Future Is A Bigger Catastrophe Than You Can Possibly Imagine |date=2016-12-16 |archive-date=2016-12-27 |work=Jalopnik|access-date=2016-12-28|url-status=live}}

The majority shareholder for the company was founder Jia Yueting. In late 2017, then CFO Stefan Krause and CTO Ulrich Kranz departed Faraday Future in a dispute with owner Jia over financing and the impending exhaustion of cash. Krause and Kranz founded Evelozcity (now called Canoo) in late 2017, a competing electric car maker, and poached former Faraday Future employees. Jia then took over as CEO of the company, securing a round of financing, when the company was facing depletion of their cash supply, and started paying off debts to suppliers. At the time, Jia was in debt in China, with suppliers, creditors, and government, camping out at his Chinese company LeEco.{{Cite web|url=https://www.caixinglobal.com/2017-12-26/leeco-founder-told-to-return-to-china-fulfill-his-obligations-101189870.html|title=Will LeEco Founder Obey Regulator and Return to China? – Caixin Global|website=www.caixinglobal.com|access-date=2018-08-29|archive-url=https://web.archive.org/web/20180829072140/https://www.caixinglobal.com/2017-12-26/leeco-founder-told-to-return-to-china-fulfill-his-obligations-101189870.html|archive-date=2018-08-29|url-status=live}} The new financing involved US$1 billion for 25% of the outstanding shares in the company. In the followup to this round of financing, Jia had reiterated that the FF91 would debut on schedule, at the end of 2018.{{cite web |url=https://www.theverge.com/2017/12/20/16801846/faraday-future-funding-investment-payroll-jia-yueting-ceo |title=Faraday Future secures Hail Mary investment, and Jia Yueting takes over as CEO |first=Sean |last=O'Kane |date=2017-12-20 |website=The Verge |access-date=2017-12-23 |archive-url=https://web.archive.org/web/20171223010414/https://www.theverge.com/2017/12/20/16801846/faraday-future-funding-investment-payroll-jia-yueting-ceo |archive-date=2017-12-23 |url-status=live }}{{cite news |url=https://electrek.co/2017/12/20/faraday-future-expats-new-electric-car-startup/ |title=Faraday Future expats spin off a new electric car startup |first=Fred |last=Lambert |date=2017-12-20 |publisher=electrek |access-date=2017-12-23 |archive-url=https://web.archive.org/web/20171222233221/https://electrek.co/2017/12/20/faraday-future-expats-new-electric-car-startup/ |archive-date=2017-12-22 |url-status=live }}{{cite news |url=https://www.autocar.co.uk/car-news/industry/faraday-future-raises-%C2%A3747-million-selling-shares |title=Faraday Future raises £747 million by selling shares |first=Sam |last=Sheehan |date=2017-12-20 |publisher=Autocar.co.uk |access-date=2017-12-23 |archive-url=https://web.archive.org/web/20171223160748/https://www.autocar.co.uk/car-news/industry/faraday-future-raises-%C2%A3747-million-selling-shares |archive-date=2017-12-23 |url-status=live }}

In early 2018, Faraday Future acquired a $1.5 billion funding commitment from an undisclosed Hong Kong investor, with $550 million invested initially and the balance coming as the company met milestones.{{cite news |url=https://www.motorauthority.com/news/1115315_faraday-future-receives-1-5b-lifeline |title=Faraday Future receives $1.5B lifeline |first=Sean |last=Szymkowski |date=2018-02-14 |publisher=Motor Authority |access-date=2018-02-21 |archive-url=https://web.archive.org/web/20180222044010/https://www.motorauthority.com/news/1115315_faraday-future-receives-1-5b-lifeline |archive-date=2018-02-22 |url-status=live }} A report indicated that the new lifeline entailed a lien on the company's assets as collateral.{{Cite news|url=https://www.theverge.com/2018/4/25/17242406/faraday-future-china-investment|title=Faraday Future bet the farm to secure its multi-billion dollar investment from China|work=The Verge|access-date=2018-06-03|archive-url=https://web.archive.org/web/20180625113225/https://www.theverge.com/2018/4/25/17242406/faraday-future-china-investment|archive-date=2018-06-25|url-status=live}} By April 2018, Faraday Future secured a contract to build an assembly plant in a Guangzhou free zone area dedicated to the manufacture of smart equipment and new energy vehicles.

In May 2018, the company announced the appointment of Michael Agosta as vice president of finance for North America. Agosta was the previous CFO of Ford Motor Company Middle East and Africa. The announcement was seen as a commitment on the part of the organization to follow through on Jia Yueting's promise to produce its first EV, the FF 91, by 2018.{{Cite web|url=http://www.futurecar.com/2283/Faraday-Future-Appoints-Ford-Motor-Co.-Executive-as-New-VP-Of-Finance|title=Faraday Future Appoints Ford Motor Co. Executive as New VP Of Finance - FutureCar.com|last=Walz|first=Eric|date=May 18, 2018|website=www.futurecar.com|access-date=2018-06-03|archive-url=https://web.archive.org/web/20180525084426/http://www.futurecar.com/2283/Faraday-Future-Appoints-Ford-Motor-Co.-Executive-as-New-VP-Of-Finance|archive-date=May 25, 2018|url-status=live}} An internal email sent by Jia Yueting showed that the vehicle was nearing delivery.{{Cite web|url=https://hitechchronicle.com/2018/05/future-of-faraday/|title=Faraday FF 91 nearing delivery, CEO says in leaked email {{!}} HiTechChronicle|website=hitechchronicle.com|date=14 May 2018|access-date=2018-06-03}} This confirmed Agosta's prepared statement during his appointment that said "2018 is going to be an exceptional year for FF to deliver its first FF 91 to the market, and I will lead my team to make sure we are ready for this goal and beyond."Walz, 2018.

In August 2018, Faraday Future received US$854 million from Evergrande Group for a 45% stake in the company.{{cite web |url=https://cleantechnica.com/2018/08/22/is-faraday-future-back-from-the-dead/ |title=Is Faraday Future Back From The Dead? |first=Steve |last=Hanley |work=Clean Technica |location=US |date=2018-08-22 |access-date=2018-08-24 |archive-url=https://web.archive.org/web/20180823054049/https://cleantechnica.com/2018/08/22/is-faraday-future-back-from-the-dead/ |archive-date=2018-08-23 |url-status=live }} However, in October 2018 the company sought to call off the deal, with Jia entering arbitration with Evergrande.{{Cite news |url=https://technode.com/2018/10/08/briefing-jia-yuetings-faraday-future-seeks-to-end-deal-with-evergrande-health/ |title=Briefing: Jia Yueting's Faraday Future seeks to end deal with Evergrande Health · TechNode |last=Hu |first=Bailey |date=2018-10-08 |work=TechNode |access-date=2018-10-10 |archive-url=https://web.archive.org/web/20181008095706/https://technode.com/2018/10/08/briefing-jia-yuetings-faraday-future-seeks-to-end-deal-with-evergrande-health/ |archive-date=2018-10-08 |url-status=live }} Also in October 2018, the company announced layoffs, a 20% salary cut for all staff, and a revised salary of $1 for Jia.{{cite news |url=https://www.reuters.com/article/us-faradayfuture-jobs/chinas-ev-maker-faraday-future-plans-lay-offs-20-percent-pay-cuts-idUSKCN1MX0RB |title=China's EV maker Faraday Future plans lay-offs, 20 percent pay cuts |date=2018-10-23 |work=Reuters |access-date=2018-10-25 |archive-url=https://web.archive.org/web/20181025070916/https://www.reuters.com/article/us-faradayfuture-jobs/chinas-ev-maker-faraday-future-plans-lay-offs-20-percent-pay-cuts-idUSKCN1MX0RB |archive-date=2018-10-25 |url-status=live }} Co-founder Nick Sampson and senior vice president Peter Savagian resigned from the company following the announcement of layoffs.{{Cite news |url=https://technode.com/2018/10/31/faraday-future-co-founder-resigns/ |title=Faraday Future co-founder resigns amid company turmoil |last=Udemans |first=Christopher |date=2018-10-31 |work=TechNode |access-date=2018-10-31 |archive-url=https://web.archive.org/web/20181031083539/https://technode.com/2018/10/31/faraday-future-co-founder-resigns/ |archive-date=2018-10-31 |url-status=live }} In December 2018 the company announced massive layoffs due to a cash crunch and financial pressure, and by the end of 2018 the staff was planned to be reduced by 40% (from 1000 to 600).{{Cite web|url=https://techcrunch.com/2018/12/04/faraday-future-furloughs-more-employees-as-cash-woes-continue/|title=Faraday Future furloughs more employees as cash woes continue|website=TechCrunch|date=December 4, 2018 |access-date=2018-12-05|archive-url=https://web.archive.org/web/20181205000133/https://techcrunch.com/2018/12/04/faraday-future-furloughs-more-employees-as-cash-woes-continue/|archive-date=2018-12-05|url-status=live}}{{Cite web|url=https://www.theverge.com/2018/12/4/18123791/faraday-future-furloughs-evergrande-layoffs-money-jobs|title=Faraday Future furloughs hundreds more employees as it runs low on cash|last=O'Kane|first=Sean|date=2018-12-04|website=The Verge|access-date=2018-12-05|archive-url=https://web.archive.org/web/20181204234839/https://www.theverge.com/2018/12/4/18123791/faraday-future-furloughs-evergrande-layoffs-money-jobs|archive-date=2018-12-04|url-status=live}}

In March 2019, Faraday Future announced a new 50–50 joint venture with Chinese online game operator The9 to make EVs in China, with The9 announcing it would contribute up to $600 million for the project.{{cite web |last1=O'Kane |first1=Sean |title=Faraday Future strikes deal to make cars in China with mobile gaming company |url=https://www.theverge.com/2019/3/24/18279785/faraday-future-the9-china-car-investment-deal |website=The Verge |date=24 March 2019 |access-date=14 November 2020}}{{cite web |last1=Paukert |first1=Chris |title=Faraday Future scores unlikely lifeline from Chinese video game company |url=https://www.cnet.com/roadshow/news/faraday-future-lifeline-chinese-video-game-company-the9-limited/ |website=CNET |date=March 25, 2019 |access-date=14 November 2020}} In May 2019 it was reported that Faraday Future was undergoing restructuring{{cite news |url=https://www.theverge.com/2019/5/1/18524108/faraday-future-bankruptcy-expert-birch-lake-loan |title=Faraday Future is working with 'a bankruptcy legend' to stave off collapse |first=Sean |last=O'kane |work=The Verge |location=US |date=2019-05-01 |access-date=2019-06-22 |archive-url=https://web.archive.org/web/20190621162644/https://www.theverge.com/2019/5/1/18524108/faraday-future-bankruptcy-expert-birch-lake-loan |archive-date=2019-06-21 |url-status=live }} and in June the company fired dozens of employees on unpaid leave.{{Cite web|url=https://www.theverge.com/2019/6/25/18716430/faraday-future-fires-employees-furlough-money-jobs|title=Faraday Future fires dozens of employees on unpaid leave|last=O'Kane|first=Sean|date=2019-06-25|website=The Verge|access-date=2019-06-26|archive-url=https://web.archive.org/web/20190626015138/https://www.theverge.com/2019/6/25/18716430/faraday-future-fires-employees-furlough-money-jobs|archive-date=2019-06-26|url-status=live}}

The company's founder Jia Yueting filed for personal bankruptcy in United States federal court in Delaware on October 14, 2019.{{cite news|url=https://www.theverge.com/2019/10/14/20913519/faraday-future-jia-yueting-china-chapter-11-bankruptcy-leeco|title=Faraday Future founder files for Chapter 11 bankruptcy|date=October 14, 2019|access-date=October 20, 2019|work=The Verge|first=Sean|last=O'Kane}} Following Jia's personal bankruptcy, he stepped down from his role as CEO of Faraday Future in order to assume a new position as the Chief Product and User Officer (CPUO). Jia was replaced as CEO by Carsten Breitfeld - former CEO at rival electric vehicle startup Byton.{{cite web |last1=O'Kane |first1=Sean |title=The man responsible for the BMW i8 is taking over as CEO of Faraday Future |url=https://www.theverge.com/2019/9/3/20837156/faraday-future-new-ceo-bmw-carsten-breitfeld-founder-jia-yueting-restructuring#comments |website=The Verge |date=3 September 2019 |access-date=6 August 2020}}

In February 2024, the lessor of the company's headquarters in Gardena, Rexford Industrial, served a Notice to Pay Rent or Quit due to unpaid rent of $917,887.26. It required the company to either pay rent or forfeit the building within 5 days. This was followed by an eviction complaint filed by the Superior Court of California.{{Cite web |last=O'Kane |first=Sean |date=2024-02-16 |title=Faraday Future in danger of losing LA headquarters for failing to pay rent |url=https://techcrunch.com/2024/02/16/faraday-future-headquarters-rent/ |access-date=2024-02-19 |website=TechCrunch |language=en-US}}{{Cite web |title=Rexford complaint Faraday Future |url=https://www.documentcloud.org/documents/24432426-rexford-complaint-faraday-future |access-date=2024-02-19 |website=www.documentcloud.org}}

In January 2021, Faraday Future announced that the company would go public through a reverse merger with special-purpose acquisition company Property Solutions Acquisition Corp. The combined company would be valued at US$3.4 billion. Chinese automaker Geely was expected to become a strategic partner of Faraday Future. Faraday Future was expected to set up contract manufacturing operations in China through their partnership with Geely. Taiwanese manufacturer Foxconn was expected to serve as an additional strategic partner of Faraday Future in a yet to be determined capacity.{{cite web |last1=Ruffo |first1=Gustavo Henrique |title=With Geely's Manufacturing Aid, Faraday Future Will Go Public Via SPAC |url=https://insideevs.com/news/482957/geely-manufacturing-faraday-future-public-spac/ |website=www.insideevs.com |publisher=InsideEVs |access-date=31 January 2021}}

Faraday Future was listed on the Nasdaq stock exchange on July 22, 2021. The company is listed under the ticker symbol (NASDAQ:FFIE){{Cite news|last=O'Kane|first=Sean|date=July 22, 2021|title=Faraday Future just became a publicly traded company|work=The Verge|url=https://www.theverge.com/2021/7/22/22587530/faraday-future-nasdaq-ffie-spac-ipo-investors-funding|access-date=July 22, 2021}}

On March 31, 2022, the U.S. Securities and Exchange Commission subpoenaed several members of Faraday Future's management team over inaccurate statements made to investors.{{cite news |title=EV startup Faraday Future gets SEC subpoena on inaccurate statements |url=https://www.reuters.com/legal/government/ev-startup-faraday-future-receives-sec-subpoena-2022-03-31/ |access-date=2 April 2022 |work=Reuters |publisher=Reuters |date=31 March 2022}} On November 26, 2022, the board voted to remove Carsten Breitfeld and appoint Xuefeng Chen as CEO.{{cite web |title=sec.gov |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001805521/000121390022075569/ea169340-8k_faraday.htm |website=www.sec.gov |access-date=6 December 2022}}

On March 29, 2023, Faraday Future started production of the FF 91 Futurist Alliance at its Hanford facility, with the first production build vehicle coming off the line on April 14, 2023.{{Cite web |title=Faraday Future's First Production FF 91 Vehicle Comes off the line at its FF ieFactory California, and Kicks off the Final Launch & Delivery Campaign |url=https://www.ff.com/us/press-room/FF-1st-production-ff91-comes-off-the-line |access-date=2023-06-23 |website=www.ff.com |language=en-us}} The FF 91 Futurist is the company's first production vehicle and flagship model that is expected to be offered in both the U.S. and China markets.{{Cite web |title=Faraday Future Starts Production of the FF 91 Futurist Alliance at its FF ieFactory California |url=https://www.ff.com/us/press-room/FF-starts-SOP-of-FF91-Futurist-Alliance-at-FF-ieFactory-California |access-date=2023-06-23 |website=www.ff.com |language=en-us}}

On June 8, 2023, Faraday Future announced the first three owners of the FF 91 Futurist: Rem D Koolhaas, Jason Oppenheim, and Private Collection Motors (PCM), a luxury car dealership based in Costa Mesa, California.{{Cite web |title=Faraday Future and the First Spire Users that Represent the U.S. Luxury Real Estate Business, Celebrities and Luxury Car Business Launched the FF 91 2.0 Owner Developer Co-Creation Plan, and Promoted tha Ultimate AI TechLuxury Mobility Transformation |url=https://genesis-cdn.ff.com/press_room/2023-06/Image-4-default.jpg |access-date=2023-06-23 |website=genesis-cdn.ff.com |language=en-us}}

On August 12, 2023, Faraday Future delivered its first vehicle to PCM.{{Cite web |title=FF Officially Delivered the Very First FF 91 2.0 Futurist Alliance to its First Spire User and Kicks Off its August Developer Co-Creation Festival at Pebble Beach |url=https://genesis-cdn.ff.com/press_room/FF-delivered-first-FF91 |access-date=2023-10-09 |website=genesis-cdn.ff.com |language=en-us}} The company also announced that Justin Bell, a second-generation world-champion race car driver from England, had signed a sales agreement, along with a collaboration agreement that comes with the title "Developer Co-Creation Officer", during the 2023 Monterey Car Week.{{Cite web |title=Faraday Future Announces World Champion Race Car Driver Justin Bell as the First FF 91 2.0 Futurist Alliance User and Developer Co-Creation Officer of the Second Group of Users of the Company's Phase-2 Co-Creation Delivery |url=https://genesis-cdn.ff.com/press_room/FF-announces-justin-bell-as-developer-co-creation-officer |access-date=2023-10-09 |website=genesis-cdn.ff.com |language=en-us}}

On September 13, 2023, Jason Oppenheim took delivery of an FF 91 Futurist Alliance at FF's "Delivery Co-Creation Day".{{Cite web |title=Faraday Future Announces World Champion Race Car Driver Justin Bell as the First FF 91 2.0 Futurist Alliance User and Developer Co-Creation Officer of the Second Group of Users of the Company's Phase-2 Co-Creation Delivery |url=https://genesis-cdn.ff.com/press_room/FF-announces-justin-bell-as-developer-co-creation-officer |access-date=2023-11-09 |website=genesis-cdn.ff.com |language=en-us}}

On September 19, 2023, business development manager Kelvin Sherman took delivery of a FF 91 Futurist Alliance at Faraday Future‘s headquarters. The company also announced that actress and entrepreneur Emma Hernan had also joined Faraday Future as its first female FF 91 Futurist Alliance owner and "Developer Co-Creation Officer".{{Cite web |title=Faraday Future Continues Deliveries of the FF 91 2.0 Futurist Alliance, Today Delivering to Celebrity Agent Kelvin Sherman during the "919 Developers AI Co-Creation Festival", Announces its First Female User and Developer Co-Creation Officer, Entrepreneur and Star of the Popular Netflix Show "Selling Sunset" Emma Hernan, and Regaining Nasdaq Compliance |url=https://genesis-cdn.ff.com/press_room/FF-2023-919 |access-date=2023-10-09 |website=genesis-cdn.ff.com |language=en-us}}

On October 8, 2023, FF delivered an FF 91 Futurist Alliance to Jia Yueting.{{Cite web |title=Faraday Future Delivers the FF 91 2.0 Futurist Alliance to YT Jia, Company Founder and Chief Product and User Ecosystem Officer at its "Delivery Co-Creation Day" |url=https://genesis-cdn.ff.com/press_room/FF-delivers-FF91-to-YTJia |access-date=2023-10-09 |website=genesis-cdn.ff.com |language=en-us}}

On May 15, 2024, the Faraday Future stock become a target for meme stock investors who sought to 'squeeze' the large position of short sellers in a manner similar to that of the GameStop short squeeze of 2021.{{Cite web |title=Faraday Future (FFIE) Stock Adds Another 100% in Giant Short Squeeze Rally |url=https://markets.businessinsider.com/news/stocks/faraday-future-ffie-stock-adds-another-100-in-giant-short-squeeze-rally-1033384665 |access-date=2024-05-17 |website=markets.businessinsider.com |language=en}}

The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to selling rebadged Chinese vans.

As of April 2025, the board of directors of Faraday Future is led by an executive team composed of:{{cite web |url=https://www.ff.com/us/our-team/ |title=Our Team |publisher=Faraday Future |access-date=January 31, 2020 |archive-url=https://web.archive.org/web/20200201140126/https://www.ff.com/us/our-team/ |archive-date=February 1, 2020 |url-status=live }}

• Matthias Aydt (Global CEO, Board Member)
• YT Jia (Founder, Co-CEO
• Koti Meka (Interim chief financial officer)
• Tin Mok (Head of FF Middle East, Board Member & Executive Director)
• Chad Chen (Board member)
• Sheng Jie (Board member)
• Lev Peker (Board member)

Faraday Future vehicle names start with "FF" for Faraday Future followed by a two digit number. The first digit indicates the market segment of the vehicle. A 9 would be a top-line product, with lower numbers indicating successively lower cost segments, except for 0, indicating a special car. When spelled-out as "zero", a concept car is indicated. The second digit indicates successive iterations or generations in that segment.{{cite news |url=http://www.greencarreports.com/news/1108281_why-faraday-futures-luxury-electric-car-is-named-ff-91 |title=Why Faraday Future's luxury electric car is named FF 91 |first=Stephen |last=Edelstein |work=Green Car Reports |date=2017-01-11 |access-date=2017-01-12 |archive-url=https://web.archive.org/web/20170112121158/http://www.greencarreports.com/news/1108281_why-faraday-futures-luxury-electric-car-is-named-ff-91 |archive-date=2017-01-12 |url-status=live }} Each element is pronounced separately, so that the FF91 is F-F-9-1 and not FF-ninety-one. By January 2025, the company sold a total of 16 vehicles.

{{anchor|ZERO1|ZERO 1}}{{anchor|FFZERO1|FF ZERO 1|FF ZERO1}}{{anchor|Faraday FFZERO1|Faraday FF ZERO 1|Faraday FF ZERO1}}{{anchor|Faraday Future FFZERO1|Faraday Future FF ZERO 1|Faraday Future FF ZERO1}}{{anchor|Faraday Future ZERO1|Faraday Future ZERO 1}}

{{multiple image

| width = 200

| header = FF ZERO1

| image1 = Faraday Future FFZERO1 Concept Prototype (24109531729).jpg

| width1 =

| caption1 = Front 3/4 view FFZERO1

| image2 = Faraday Future FFZERO1 Concept Prototype (24368997542).jpg

| width2 =

| caption2 = Rear 3/4 view FFZERO1

}}

The FFZERO1 concept vehicle was unveiled in 2016, at CES. The "Zero" spelling indicates the concept vehicle status, the "1" indicates the first such model. The car was announced as having {{convert|1000|hp|abbr=on}}, a top speed over {{convert|200|mph|abbr=on}}, and a {{convert|0|-|60|mph|abbr=on}} time under 3 seconds. The specifications were never validated as the vehicle was only a clay and styrofoam model. The car would have a glass roof, and a racecar style head and neck support system, with oxygen and water feeds to the driver's helmet. The car would have four electric motors, one for each wheel, and be a single seater.{{cite web |url=https://www.theverge.com/2016/1/4/10711164/faraday-future-ffzero1-concept-car-announced-photos-ces-2016 |title=This is Faraday Future's ridiculous 1,000-horsepower electric concept car |first=Tamara |last=Warren |date=2016-01-04 |website=The Verge |access-date=2018-03-01 |archive-url=https://web.archive.org/web/20180301225039/https://www.theverge.com/2016/1/4/10711164/faraday-future-ffzero1-concept-car-announced-photos-ces-2016 |archive-date=2018-03-01 |url-status=live }}

{{update section|date=May 2023}}

{{main article|Faraday Future FF 91}}

{{anchor|91}}{{anchor|FF91|FF 91}}{{anchor|Faraday FF91|Faraday FF 91}}{{anchor|Faraday Future FF91|Faraday Future FF 91}}{{anchor|Faraday Future 91}}

The FF 91 (F-F-Nine-One){{cite web |url=https://www.topspeed.com/cars/zzz-others/2018-faraday-future-ff-91/ |title=Faraday Future's first production model will give the Tesla Model S one hell of a fight |first=Robert |last=Moore |date=2017-01-04 |publisher=TopSpeed}} production model was unveiled in 2017. The "9" indicates a top-of-the-line model, analogous to the Genesis G90 or Volvo S90. The "1" indicates the first model in this market segment. This large crossover SUV is to have a {{convert|0|-|60|mph|km/h|abbr=on}} time of 2.4s, {{convert|130|kWh|MJ|abbr=on}} battery pack, giving a range of {{convert|289|mi|km|abbr=on}}. The rear doors are to be suicide doors, and all four doors would open automatically. There is a large infotainment screen in the middle of the front dash console. It would also similarly have a limited autonomous driving mode. The FF91 would be equipped with smartphone app car access and key capability and facial recognition door locks.{{cite magazine |url=https://www.caranddriver.com/news/faraday-future-ff91-ev-photos-and-info-news |title=Meet the Faraday Future FF91, the Most Advanced EV Ever (If It Reaches Production) |first=Greg |last=Fink |date=January 2017 |magazine=Car and Driver |access-date=2018-02-21 |archive-url=https://web.archive.org/web/20180222043725/https://www.caranddriver.com/news/faraday-future-ff91-ev-photos-and-info-news |archive-date=2018-02-22 |url-status=live }}

In August 2018, the company completed the first pre-production FF91.{{cite news |url=https://www.forbes.com/sites/sebastianblanco/2018/08/28/faraday-future-pre-production-ff-91/#276eaa34717a |title=Faraday Future's First Pre-Production FF 91 Is Here |first=Sebastian |last=Blanco |work=Forbes |location=US |date=2018-08-28 |access-date=2018-08-30 |archive-url=https://web.archive.org/web/20180829105515/https://www.forbes.com/sites/sebastianblanco/2018/08/28/faraday-future-pre-production-ff-91/#276eaa34717a |archive-date=2018-08-29 |url-status=live }} Production was planned to start in Hanford, California, in late 2020.{{Cite web|url=https://www.autocar.co.uk/car-news/new-cars/faraday-future-ff91-driving-car-nearly-didnt-happen|title=Faraday Future FF91: driving the car that nearly didn't happen |first=Ronan |last=Glon|website=Autocar |location=UK |date=2020-01-07 |access-date=2024-08-18}}

The production of the FF 91 officially started March 2023 in Hanford, California. Deliveries of the vehicle was scheduled to start late 2023. The production version of the vehicle features a tri-motor configuration, providing 783 kW of total power and a 142 kWh battery pack for an estimated 381 miles (613 kilometers) of range under the US EPA standard. The pricetag of FF 91 Futurist Alliance is $309,000 US dollars, which is limited to 300 units worldwide. As of February 2024, the company announced it had delivered 11 FF 91 2.0 Futurist Alliance models to staff and selected influencers.

FF 91 2.0 Futurist Alliance is the first product of Faraday Future. The FF 91 2.0 Futurist Alliance has three motors with a maximum output of {{Convert|1050|hp}}. The electric motor torque output is {{Convert|1977|Nm|lbft|sp=us}} and wheel torque is {{Convert|13285|Nm|lbft|abbr=on|sp=us}}. The 0–{{Convert|60|mph|km/h|abbr=unit}} acceleration speed is 2.27 seconds, with a battery pack capacity of 142{{nbsp}}kWh, and an EPA-certified range of {{Convert|381|mile}}. It uses an Nvidia DRIVE Orin and 2 Qualcomm 8155p SoCs, and a Super AP 5G modem. In the US, it supports AT&T, Verizon and T-Mobile with an in-car network speed of 10{{nbsp}}Gbit/s. Additionally, the vehicle has 10+ screens with 100+ inch total display area. Deliveries of the electric vehicle were to begin in late 2022, but a delay was made by investor disputes.{{Cite web |last=Doll |first=Scooter |date=March 9, 2023 |title=Faraday Future Q4 and full 2022 results: FF 91 SOP this month pending millions in funding |work=Electrek |url=https://electrek.co/2023/03/09/faraday-future-q4-and-full-2022-results-ff-91-sop-this-month-pending-millions-in-funding/ |access-date=April 11, 2024}}

{{anchor|81}}{{anchor|FF81|FF 81}}{{anchor|Faraday FF81|Faraday FF 81}}{{anchor|Faraday Future FF81|Faraday Future FF 81}}{{anchor|Faraday Future 81}}

The FF 81 was planned to be unveiled in 2018, though that never happened. It was planned to be a mid-sized SUV built in California for the Chinese market.{{cite news |url=https://www.motorauthority.com/news/1115330_faraday-future-teases-second-suv-at-supplier-meeting |title=Faraday Future teases second SUV at supplier meeting |first=Viknesh |last=Vijayenthiran |date=2018-02-15 |publisher=Motor Authority |access-date=2018-02-21 |archive-url=https://web.archive.org/web/20180222043929/https://www.motorauthority.com/news/1115330_faraday-future-teases-second-suv-at-supplier-meeting |archive-date=2018-02-22 |url-status=live }}{{cite news |url=https://www.topspeed.com/cars/car-news/faraday-future-teases-a-new-model-the-ff81-at-a-supplier-meeting-in-california/ |title=Faraday Future Teases A New Model, The FF81, At A Supplier Meeting In California News |publisher=TopSpeed |first=Kirby |last=Garlitos |date=2018-02-19}}{{cite news |url=https://www.cnet.com/roadshow/news/faraday-future-ipo-2020-second-car-new-investors/ |title=Faraday Future will build its second car in the US, may go public in 2020 |first=Andrew |last=Krok |work=Road Show |location=US |date=2018-11-13 |access-date=2019-03-21 |archive-url=https://web.archive.org/web/20190321204019/https://www.cnet.com/roadshow/news/faraday-future-ipo-2020-second-car-new-investors/ |archive-date=2019-03-21 |url-status=live }}{{cite news |url=https://www.gizmochina.com/2018/11/14/jia-yueting-announces-faraday-future-ipo-scheduled-for-2020-mentions-new-ff81-model/ |title=Jia Yueting announces Faraday Future IPO scheduled for 2020, mentions new FF81 model |first=Habeeb |last=Onawole |work=Gizmo China |date=2018-11-14 |access-date=2019-03-21 |archive-url=https://web.archive.org/web/20190321202518/https://www.gizmochina.com/2018/11/14/jia-yueting-announces-faraday-future-ipo-scheduled-for-2020-mentions-new-ff81-model/ |archive-date=2019-03-21 |url-status=live }}

In February 2022, Faraday Future signed a manufacturing deal with South Korean company Myoung Shin to build the FF81 in an ex-GM Korea factory,{{cite web |title=Faraday Future plans production of FF81 at former GM plant in South Korea from 2024 |url=https://gmauthority.com/blog/2022/02/faraday-future-to-build-vehicles-at-former-gm-south-korea-plant/ |website=GM Authority |access-date=29 February 2024 |date=11 February 2022}} but no further announcements have been forthcoming.

The Faraday Future Dragon Racing Penske 701-EV for the 2016–2017 Formula E season, was an all-electric open-wheel open-cockpit battery-electric{{Cite web|date=2020-10-16|title=EV maker Faraday Future raises USD 45 million in debt financing|url=https://kr-asia.com/ev-maker-faraday-future-raises-usd-45-million-in-debt-financing|access-date=2020-10-27|website=KrASIA|language=en}} racecar for the Faraday Future Dragon Racing Team, a collaboration between Faraday Future and Dragon Racing, a team founded by Jay Penske.{{cite news |url=https://electrek.co/2016/11/11/faraday-future-releases-specs-formula-e-electric-race-car-top-speed-price/ |title=Faraday Future releases specs for Formula E electric race car: ~$350k, 0-62mph in 2.9s, top speed of 150mph |first=Fred |last=Lambert |publisher=Electrek |location=US |date=2016-11-11 |access-date=2017-01-26 |archive-url=https://web.archive.org/web/20170202113036/https://electrek.co/2016/11/11/faraday-future-releases-specs-formula-e-electric-race-car-top-speed-price/ |archive-date=2017-02-02 |url-status=live }}

Faraday raced a "beta level development" FF91 in the exhibition class race at the June 2017 annual Pikes Peak International Hill Climb in Colorado; the class also includes a performance-tuned Tesla Model S P100D.{{cite news |url=https://www.theverge.com/2017/2/23/14711826/faraday-future-pikes-peak-race-ff91-tesla |title=Faraday Future will race the FF91 at Pikes Peak |first=Sean |last=O'Kane |work=The Verge |location=US |date=2017-02-23 |access-date=2018-02-22 |archive-url=https://web.archive.org/web/20170518144750/https://www.theverge.com/2017/2/23/14711826/faraday-future-pikes-peak-race-ff91-tesla |archive-date=2017-05-18 |url-status=live }} (In 2016, a Tesla Model S P90D set the production EV course record.){{cite news |url=http://insideevs.com/faraday-ff91-tesla-model-s-pikes-peak/ |title=Faraday FF 91 will challenge Tesla Model S P100D at Pikes Peak |work=InsideEVs |location=US |first=Sebastion |last=Blanco |date=2017-02-16 |access-date=2018-02-22 |archive-url=https://web.archive.org/web/20170831193812/http://insideevs.com/faraday-ff91-tesla-model-s-pikes-peak |archive-date=2017-08-31 |url-status=live }}

File:Jérôme D’Ambrosio (Dragon Racing) at 2017 Berlin ePrix.jpg

Faraday Future joined the FIA Formula E Championship for electric-powered cars through a collaboration with the existing Dragon Racing team for the series' third season, beginning in October 2016.{{cite news |title=Ten teams entered for the 2016–17 FIA Formula E Championship |publisher=Fédération Internationale de l'Automobile |work=FIA Formula E Championship |url=http://fiaformulae.com/en/news/2016/july/ten-teams-entered-for-the-2016-17-fia-formula-e-championship/ |date=2016-07-01 |access-date=2016-07-04 |archive-url=https://web.archive.org/web/20160704031430/http://fiaformulae.com/en/news/2016/july/ten-teams-entered-for-the-2016-17-fia-formula-e-championship |archive-date=2016-07-04 |url-status=live }} Specifications for the car were released in November 2016.{{cite news |url=https://electrek.co/2016/11/11/faraday-future-releases-specs-formula-e-electric-race-car-top-speed-price/ |title=Faraday Future releases specs for Formula E electric race car: ~$350k, 0-62mph in 2.9s, top speed of 150mph |first=Fred |last=Lambert |work=Electrek |date=2016-11-11 |access-date=2016-11-12 |archive-url=https://web.archive.org/web/20161112084702/https://electrek.co/2016/11/11/faraday-future-releases-specs-formula-e-electric-race-car-top-speed-price/ |archive-date=2016-11-12 |url-status=live }}

In August 2017, due to a lack of cash, Faraday Future reduced its participation in Formula E. It was unable to maintain a sponsorship role in Dragon Racing, leading to the loss of the FF logo on their cars. Faraday Future said it would maintain a technical relationship with the team.{{cite web |url=https://www.theverge.com/2017/8/31/16236054/faraday-future-formula-e-electric-racing |title=Faraday Future to take a reduced presence in Formula E |first=Sean |last=O'Kane |website=The Verge |date=2017-08-31 |access-date=2016-11-12 |archive-url=https://web.archive.org/web/20170901005012/https://www.theverge.com/2017/8/31/16236054/faraday-future-formula-e-electric-racing |archive-date=2017-09-01 |url-status=live }} By November 2017, due to its cash-strapped state, Faraday Future dropped its partnership with Dragon Racing, exiting Formula E.{{cite news |url=https://blackflag.jalopnik.com/faraday-future-is-out-of-formula-e-report-1820773954 |title=Faraday Future Is Out Of Formula E: Report |first=Stef |last=Schrader |publisher=Jalopnik |date=2017-11-27 |access-date=2016-11-12 |archive-url=https://web.archive.org/web/20171128033459/https://blackflag.jalopnik.com/faraday-future-is-out-of-formula-e-report-1820773954 |archive-date=2017-11-28 |url-status=live }}

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