Faraday Future To Showcase Its Production EV Concept At CES 2017

Posted: Oct 20 2016, 12:25pm CDT | by , in News | CES

 

Faraday Future to Showcase its Production EV Concept at CES 2017
 

The first production ready concept by the startup will be a step ahead in their electric car future

The Chinese albeit Los Angeles based startup Faraday Future has promised its electric car future is not very far away, so much so they will reveal their first every production ready EV concept very soon. On Wednesday the startup announced on Twitter that their concept will be unveiled at the upcoming CES 2017. 

If you remember a year ago Faraday Future had quite an impressive coming out party at CES 2016. But after such fanfare the company took a step back and failed to meet all industry expectations by doing absolutely nothing. All they did was reveal an electric racing car concept called FFZERO1 without any further moves in any direction. 

Just so you know Faraday Future is financially backed up by the Chinese company LeEco. It was at the brand launch event of LeEco that Faraday’s future EV concept unveiling was confirmed. The LeEco CEO YT Jia along with Mattiacci, Ferrari's ex-Formula 1 team boss and currently Faraday Future’s chief brand and commercial officer took the stage to make the announcement. 

According to reports currently Faraday Future has more than 1,000 engineers working at their Gardena headquarters. The company is also looking to build a factory worth $1 billion in the northern areas of Las Vegas, USAToday reported. However due to financial concerns the construction has not begun. 

Since Tesla unveiled its range of EVs there have been many hopefuls looking to take a slice out of the budding market. Faraday Future is not the only company looking to make a name in the electric car market but even big names like General Motors, Mercedes, BMW, VW, Audi and even Apple are all working on their electric vehicles. 

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