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Faraday Future Lines Up New Factory in CA

Move follows decision to abandon $1b plant in Nevada.

by on Aug.07, 2017

More than 300 Faraday workers gathered at the plant last weekend to help clean it up.

Reports of Faraday Future’s demise, as Mark Twain might have suggested, have been greatly exaggerated. Or so the Chinese-funded battery-carmaker wants us to believe.

Faraday has seemed on the verge of extinction for some time, “temporarily” halting work on its $1 billion Nevada assembly plant last year and then, barely a month ago walking away from the project entirely.

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But Faraday on Monday announced it has lined up a new factory to produce the FF91 battery-electric vehicle, or BEV, it unveiled in January. The new site is a one-time Pirelli tire plant in Hanford, California that has largely sat idle since 2001.

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Faraday Future Set to Reveal First Car at CES

LeEco’s autonomous debut short-circuited when its car wouldn’t run.

by on Oct.20, 2016

The LeEco LeSee concept.

Tesla Motors isn’t the only automotive upstart attempting to make news about electric and autonomous vehicles. Several potential competitors have their own, futuristic models to reveal – though, as Chinese-owned LeEco demonstrated Wednesday, there are plenty of pitfalls along the path.

With billionaire investor Jia Yueting on hand for a public unveiling in San Francisco, LeEco’s event went off the rails when the LeSee, its prototype autonomous electric vehicle, couldn’t drive down the runway, forcing Jia to run down the ramp on his own.

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Jia, who made a fortune in the Chinese electronics industry, is clearly hoping to do better with a second automotive start-up he is funding, California-based Faraday Future. That company made its debut last January at the Consumer Electronics Show in Las Vegas, and will be back at the 2017 CES in less than three months to unveil its first production model.

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Aston Turns to Chinese Partner to Develop Electric Rapide

Project could also be used by new Faraday Future start-up.

by on Feb.17, 2016

Aston wants to plug you into a battery-powered version of the Rapide.

Pushing ahead on the development of its first battery-electric sports car, Aston Martin will partner up with Chinese consumer electronics firm LeEco.

The two hope to have their first vehicle, based on Aston Martin’s Rapide S model, in production by 2018. But the venture could also tie up with another aspiring electric vehicle manufacturer, Faraday Future, Aston CEO Andy Palmer said during a news conference in Frankfurt, Germany.

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Tying up with LeEco “brings Aston Martin’s electric car project forward,” said Palmer, who joined the British sports car company in 2014 after serving as global product planning chief for Nissan Motor Co. – where he also oversaw the Japanese maker’s electrification efforts.

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