Faraday Future, once seen as the main EV startup, had a tough 2018, but it announced that it closed out the year by settling its dispute with its main investor.

Though it doesn’t mean that it’s out of the woods just yet. expand full story

Following a significant fallout with its main investors, Faraday Future is running out of cash and it is on the brink of bankruptcy.

The startup now says that it can’t pay employees and it is putting more of them on furlough. expand full story

Faraday Future’s story has been a roller-coaster. Once seen as the number one EV startup, it has since been crippled by severe financial and management problems.

It seems like the startup was finally out of the woods after a large Chinese holding company promised a massive $2 billion investment in Faraday Future, but after a fallout with the investors, the company recently had to lay off employees and cut salaries. expand full story

With the recent cash injection, Faraday Future is moving forward with the production of the FF91 electric vehicle.

The startup has now unveiled the first pre-production FF91 – pictured above – assembled at its factory in Hanford, California. expand full story

In a strange move announced this week, Evergrande Health, a large Chinese holding company that recently invested $2 billion in EV startup Faraday Future, reportedly took over the Chinese operations of the electric vehicle startup. expand full story

We haven’t heard much from Faraday Future in 2018 as the troubled EV startup was trying to secure an important round of funding in order to get out of its seemingly constant financial troubles.

Now the company claims to be flush with cash after a $2 billion investment and they are getting ready to put the focus back on the FF91 all-electric crossover as they now test the vehicle at high-speed. expand full story

Electric vehicle startup Faraday Future confirms the long-rumored financing round that saved the company last year.

The California-based startup now announces that it closed $2 billion in financing to bring its electric vehicles to market. expand full story

We first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, a few months ago and it might already be a $1 billion company.

The startup now claims to have raised ~$1 billion to bring its electric vehicles to market. expand full story

Despite its many setbacks over the last few years, Faraday Future claims that it is now flush with money and still plans to launch the FF91, its first electric vehicle, by the end of the year.

The startup now teases a new fleet of prototypes ahead of the launch. expand full story

Despite its production plan for the all-electric SUV FF91 falling apart over the last year, Faraday Future claims that it can still bring the vehicle into production by the end of the year.

The company appears so confident that it now even teases future vehicles this week. expand full story