A court in China has frozen $182 million in assets of Jia Yueting, the billionaire founder of LeEco and the major backer of U.S. electric car startup Faraday Future.
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Court Seizes Faraday Future Founder’s Assets In ChinaFaraday Future Jia Yueting’s troubles with the law keep pilling as a court has seized all of his assets it…
Faraday Future Reportedly Receives $900 Million From TataAfter months of turmoil, it appears as though electric car startup Faraday Future has caught a huge break following a…
Faraday Future Hit With $1.8 Million Lawsuit After CES DebutLess than a month after debuting its first production vehicle at CES 2017, Faraday Future has been hit with a…
Faraday Future Hires Ex Ferrari ExecutiveThere are lots of start-up companies with big ambitions, but how many hire ex-Ferrari bosses? Read more »
- Faraday Backer LeEco Slashes U.S. Jobs
Chinese company and financial backer of Faraday Future, LeEco, has slashed 70 per cent of its workforce in the United…
Nevada Inked $335 Million Deal With Faraday Future Without Knowing Its FinancialsIt has emerged that state officials from Nevada approved $335 million in tax credits for Faraday Future without knowing about…
- Faraday Future Looking To Raise $1 Billion As Main Backer LeEco Struggles
Faraday Future is reportedly looking to raise $1 billion in a bid to protect itself from the financial problems of…
Faraday Future Unveils Revolutionary FFZERO1 ConceptThe veil on Faraday Future's advanced all-electric car, the FFZERO1 Concept, has just been lifted during a live presentation at…
- Nevada Officially Ends Relationship With Faraday Future
The State of Nevada's relationship with troubled electric car start-up Faraday Future has been severed.Read more »
Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company MoneyA software developer has accused Faraday Future boss and financier Jia Yueting of creating a $75 million trust fund for…
Faraday Future Poaches Key Apple Car ResearcherA key researcher from Apple's 'Project Titan' car project has been poached by Faraday Future reports The Detroit Bureau.Read more…
Tata Motors Denies Faraday Future InvestmentHot on the heels of reports from China claiming that Tata Motors had invested $900 million in Faraday Future for…
Faraday Future Stops Work On Billion-Dollar MegafactoryThe construction company employed by Faraday Future to build its billion-dollar megafactory in Nevada has confirmed that work on the…
Faraday Future Joins Formula E With Dragon RacingFaraday Future is jumping into Formula E. Only instead of launching its own team as Jaguar and others have, it's…
Faraday Future Releases Latest Teaser And Interactive WebsiteAnother teaser image of Faraday Future’s long-awaited model has been released prior to the model’s world premiere at CES 2017…
Faraday Future Loses Global CEO Days Before CESThe global chief executive of Faraday Future has stepped down from his position just days before CES 2017 kicks off.Read…
- Faraday Future Leases A New Production Site In California
Following a disastrous attempt to build a new production facility in Nevada, Faraday Future has signed a lease on a…
Faraday Future Loses Five Senior ExecutivesJust when you thought things couldn’t get any worse for troubled startup Faraday Future, it has been revealed that five…
Faraday Future’s Concept Salutes The Future At CES 2016With a styling that’s reminiscent of an UFO, rather than an actual car, the FFZERO1 previews Faraday Future’s plans to…
