Registration was successful!
Please follow the link from the email sent to

New Californian Electric Carmaker Seeks to Steal Tesla's Thunder

© Flickr / Nicola SznajderElectric Car Charging Station Symbol
Electric Car Charging Station Symbol - Sputnik International
Subscribe
An electric car startup based on California is hot on the heels of Tesla, and promises to deliver its first models of electric car in 2017.

Tesla CEO Elon Musk is really really worried that his friend, Google cofounder Larry Page, has adopted some destructive interests - destructive for humanity, that is. - Sputnik International
Elon Musk Slams Apple: ‘Tesla Graveyard’ Only Hires Engineers He’s Fired
Budding electric carmaker Faraday Future is making waves with its plans to challenge Tesla's preeminence in the electric car market, including a project to build a $1 billion factory in the US.

Like Tesla, the company is named after a 19th century inventor, in this case chemist and physicist Michael Faraday, who made a string of important scientific discoveries including electromagnetic induction, the principle behind the electric transformer and generator.

Head-up display for any car - Sputnik International
Eyes on the Road: Russians Invent Transparent GPS That Runs on iPhone
The company is led by a team of former Tesla executives, as well as car designers from BMW and General Motors. Having launched in 2014, it expects to have around 500 employees by the end of this year. 

"We are very excited to make our $1 billion investment in U.S. manufacturing—and this is just phase one," stated the company on Thursday

The carmaker announced it is looking for a location for its first manufacturing facility, where Faraday aims for the first cars to roll off the production line there in 2017.

© AP Photo / Nick UtThis Friday, Nov. 6, 2015 photo shows the Faraday Future building in Gardena, California. Faraday Future has been hunting for a place to build what it says will be a $1 billion manufacturing plant for a new line of cars. Four states are contenders and the company says to expect an announcement within weeks
This Friday, Nov. 6, 2015 photo shows the Faraday Future building in Gardena, California. Faraday Future has been hunting for a place to build what it says will be a $1 billion manufacturing plant for a new line of cars. Four states are contenders and the company says to expect an announcement within weeks - Sputnik International
This Friday, Nov. 6, 2015 photo shows the Faraday Future building in Gardena, California. Faraday Future has been hunting for a place to build what it says will be a $1 billion manufacturing plant for a new line of cars. Four states are contenders and the company says to expect an announcement within weeks
"In addition to producing vehicles, the company plans to explore other aspects of the automotive and technology industries, including unique ownership and usage models, in-vehicle content and autonomous driving," Faraday explained.

The company's rapid growth and deep pockets have led some observers to investigate its origins, with some speculating that the firm is no more than a front for Apple. 

 The Los Angeles Times has also investigated Faraday, and names its CEO as Jia Yueting, chairman and founder of Chinese entertainment company LeTV, whose interests include online video, internet TV, smart gadgets and smartphones. 

Last month LeTV announced plans to release its first electric vehicle at the Beijing auto show in April 2016. Reportedly called 'Mule Car,' the vehicle has already undergone testing in the US.       

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала