Faraday Future

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Faraday Future Inc.

logo
legal form Corporation
founding 2014
Seat Gardena (California) ( United States ) United StatesUnited States 
management Carsten Breitfeld (CEO)
Number of employees over 1400 (January 6, 2017)
Branch Automobiles
Website www.ff.com

f1Georeferencing Map with all coordinates: OSM | WikiMap

Faraday Future is an American electric vehicle company founded in 2014 , a subsidiary of the Chinese Leshi Internet Information & Technology based in Gardena, California . The founder filed for bankruptcy on October 14, 2019.

Companies

Since it was founded in 2014, the company had built up a staff of 1,000 by January 2016, which had grown to 1,400 by January 2017. Financial partner is LeEco , a Chinese consumer electronics company.

Faraday Future is named after one of the basic principles of electric motor technology known as Faraday induction , which was named after the discoverer of electromagnetic induction Michael Faraday .

production

Faraday Future originally wanted a billion dollars in a factory in Nevada , invest north of Las Vegas with 4,500 workers. Construction of the factory also began in April 2016, but later had to be abandoned due to financial difficulties. On August 7, 2017, the company announced that a lease had been signed for a new production facility in Hanford and that renovation and preparatory work had begun. Two days earlier, 300 employees and “supporters” from Faraday Future had driven to Hanford to start work on site. The site has been a factory site belonging to Pirelli ⊙ , which has been vacant since 2001, and is around 300,000 m² in size. There should be space for 1,300 workplaces, divided into three shifts. The project management for've Dag Reckhorn , the Vice President of Global Manufacturing adopted.

financing

In financing its $ 1 billion investment in a manufacturing facility near Las Vegas, the company expects Nevada state tax incentives of $ 335 million. Since the construction milestones necessary for the successive payments were not achieved due to a lack of liquidity, further financing came to a standstill, which at the end of 2016 initially led to a construction interruption of several months. In July 2017, however, the company had to stop building the factory due to a lack of investment funds.

vehicles

Faraday Future wants to be able to easily derive different vehicle types with different sizes, lengths, wheelbases and ranges for different areas of application from a modular vehicle platform. Depending on the configuration, a vehicle should be able to be equipped with up to four drive motors.

Concept study

Faraday Future Sports Car Study FF Zero1

In January 2016, the company presented its FF Zero1 single-seater sports car study to the public in Las Vegas at the Consumer Electronics Show (CES) , but no production dates were announced for this study. The sports car should be able to drive 320 km / h with a peak output of over 730 kW.

SUV

FF 91

In January 2017, the SUV FF 91 , the first vehicle in a series development by Faraday Future, whose market launch was planned for 2019 after postponements, was presented at the CES in Las Vegas. In the meantime, a market launch is not expected until the end of 2020 at the earliest, but the company needs additional investors for this. The vehicle is designed as a connected car based on modern telematics .

The vehicle is said to have a peak output of over 770 kW and with its 130 kWh battery has a range of 600 km. Only 300 vehicles of the “Alliance Edition” edition are planned, the delivery of which is to begin originally in 2018 and now, after postponement, in 2019. [outdated]

The vehicle is said to accelerate from 0 to 60 mph in less than 2.5 seconds. Faraday Future plans some vehicles based on the Flexible Variable Platform Architecture (VPA) and has booked 64,124 reservations within 36 hours of the presentation.

Faraday Future produced the first pre-series vehicle of the FF 91 in August 2018. It is very much based on the study presented in 2017. The range is specified as 700 km NEDC or 600 km EPA. It accelerates from 0 to 100 km / h in 2.5 seconds. The price is said to be "over $ 100,000".

Automotive competence

Faraday Future filled all management positions with experts from leading competitors, above all from Tesla Motors and BMW:

  • Nick Sampson, Senior Vice President Research and Development (previously at Tesla Motors) - through October 2018
  • Dag Reckhorn, "Vice President for Production" (previously at Tesla Director for Production)
  • Alan Cherry, "Vice President Human Resources" (previously Tesla Senior Human Resources Director)
  • Tom Wessner, "Vice President for the Supply Chain" (previously at Tesla Director of Purchasing)
  • Richard Kim, "Chief Designer" (previously at BMW ( I8 Concept and I3 Concept ))
  • Page Beermann, "chief exterior designer" (previously creative director at BMW )
  • Silva Hiti, "Senior Director Powertrain " (previously at Chevrolet ( Chevrolet Volt ))
  • Pontus Fontaeus, "Interior Designer" (previously at Lamborghini , Ferrari and Land Rover )
  • Peter Savagian, Powertrain Development - until October 2018
  • Stefan Krause , "Global CFO" since March 1, 2017 (2002 to 2008 CFO and Sales Director at BMW and until 2015 CFO and Strategy Director at Deutsche Bank )
  • Ulrich Kranz, 2017 "Head of Technology" (previously responsible for the development of the i3 and i8 as head of Project i )

Stefan Krause, Ulrich Kranz and Richard Kim switched to the electric car manufacturer EVelozcity at the end of 2017.

Racing

Faraday Future has been supplying the drive train (motors and inverters) for the Dragon Racing vehicles in the FIA Formula E Championship since the 2016/17 season and was also the team’s title sponsor this season.

criticism

The financing model was criticized and the realization of the vehicle construction was questioned. The financing was described by Nevada's Treasury Secretary Dan Schwartz as a " Ponzi scheme " and compared with the investment fraudster Bernard Madoff . In addition, at the end of 2016 there were reports of unpaid invoices to suppliers and the departure of senior executives. In February 2017, the company had to make severe financial cuts and scale back aggressive plans.

Web links

Commons : Faraday Future  - collection of images, videos and audio files

Individual evidence

  1. ↑ Our team
  2. ↑ Thomas Geiger: When the auto-pilot goes on strike. The world . January 7, 2017. Retrieved January 7, 2017 .
  3. ↑ Jonny Lieberman: Staffed by Automotive All Stars, Secretive Company Claims First Car by 2017 . on motortrend.com on July 15, 2015 ; Retrieved November 25, 2015
  4. ^ Mike Ramsey: Karma Automotive Reaches Supply Deal With BMW. from November 12, 2015 on wsj.com Information at the end of the article; Retrieved November 25, 2015
  5. ↑ Sean O'Kane: Faraday Future founder files for Chapter 11 bankruptcy. October 14, 2019, accessed October 15, 2019 .
  6. ↑ Thomas Geiger: Faraday Future wants to turn the car world upside down with the FF91 . In: Automobilwoche , January 4, 2017. 
  7. ↑ Faraday Future Talks AI, Multi-Seat EVs in Exclusive Interview ( en-US ) June 3, 2016. Archived from the original on January 8, 2017. Retrieved January 8, 2017.
  8. ↑ a b Electric sports car with over 1,000 hp Auto-Motor-und-Sport.de, December 11, 2016
  9. ^ Faraday Future Reveals New California Manufacturing Facility
  10. ↑ Faraday Future leases central California factory in attempt to keep its electric car dreams alive . In: The Verge . ( theverge.com [accessed December 7, 2017]).
  11. ↑ Automobilwoche: Lack of money: Faraday Future stops factory construction in Nevada . ( automobilwoche.de [accessed on July 12, 2017]).
  12. ↑ Faraday Future: What is behind the Variable Platform Architecture? electrive.com, January 5, 2016
  13. ↑ future or zero number? Autobild.de, January 5, 2016
  14. ↑ Faraday Future FF91 Spiegel-Online, January 4, 2017
  15. ↑ a b Faraday Future relies on bridging financing on the way to series-production electric car news, May 1, 2019
  16. ↑ 600 kilometers range: Faraday Future unveils its first e-sports car t3n.de, January 4, 2017
  17. ↑ Faraday Future's 'Tesla Beater' Debut Doesn't Go Quite As Planned. Aw ( en-US ). Retrieved January 3, 2016.
  18. ↑ Fred Lambert: Faraday Future claims its electric crossover beats Tesla's Model X P100D Ludicrous in a drag race, releases video . December 15, 2016. Retrieved December 21, 2016.
  19. ↑ Behind the scenes at Faraday Future, an electric carmaker on the brink of collapse . In: The Verge . Vox Media. December 22, 2016. Archived from the original on December 25, 2016.
  20. ↑ Jameson Dow: Faraday Future says it has received over 64,000 reservations for its FF 91 electric vehicle in 36 hours . In: Electrek , January 5, 2017. Retrieved January 8, 2017. 
  21. ↑ Faraday Future builds first pre-series electric car , ecomento.de, August 29, 2018
  22. ↑ Automobilwoche: Former BMW-i boss: Ulrich Kranz is to become the chief technology officer at Faraday Future . ( automobilwoche.de [accessed on July 13, 2017]).
  23. ↑ Ex-Deutsche Bank CFO Stefan Krause leaves Faraday in a dispute . ( finance-magazin.de [accessed on November 17, 2017]).
  24. ^ Faraday Future's chief designer resigns, as some employees stop showing up to work . In: The Verge . ( theverge.com [accessed April 14, 2018]).
  25. ↑ Faraday Future Dragon Racing Formula E Team | Faraday Future. (No longer available online.) Archived from the original on June 2, 2017 ; accessed on July 13, 2017 (English).
  26. ↑ Beyond gravity. In: Süddeutsche Zeitung. January 4, 2017. Retrieved January 5, 2017 .
  27. ↑ Will the new Tesla competitor ever go into series production? In: Neue Zürcher Zeitung. January 5, 2017. Retrieved January 7, 2017 .
  28. ^ Electric Car Startup Faraday Future Halts Work On Nevada Factory. In: Fortune.com. November 15, 2016, accessed January 5, 2017 .
  29. ↑ Behind the scenes at faraday future, an electric carmaker on the brink of collapse. In: theverge.com. December 22, 2016, accessed January 5, 2017 .
  30. ↑ Faraday: Will the Chinese Tesla Killer Fail? ( handelsblatt.com [accessed February 4, 2017]).
  31. ↑ Jürgen Schmieder, Los Angeles: Tesla works differently . In: sueddeutsche.de . 2017, ISSN  0174-4917 ( sueddeutsche.de [accessed December 7, 2017]).