Faraday Future

  • United States

Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014.

Faraday Future was founded by Chinese businessman Jia Yueting in April 2014 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 1000 employees by January 2016.

The company is named for a founding principle of electric motor technology known as Faraday's law of induction, which in turn is named after English scientist Michael Faraday who discovered electromagnetic induction.

On January 4, 2016, at the US Consumer Electronics Show, Faraday Future revealed its concept vehicle, 1,000 hp (750 kW), 200 mph (320 km/h), single seat sportscar FF ZERO1. 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.

Faraday Future unveiled its luxury model FF 91 130 kWh crossover vehicle, its first production vehicle, at the January 2017 US Consumer Electronics Show, with connected car features. Faraday received 64,124 reservations within the first 36 hours, despite a demonstration that did not go particularly well. It is claimed to accelerate 0–60 mph (0–97 km/h) in less than 2.5 seconds, costing less than $300,000. Faraday Future plans several cars based on its Variable Platform Architecture.