Faraday Future Teaser video output for its Concept Car

Faraday Future Teaser video output for its Concept Car -

Faraday Future is a new player in the automotive industry. The company is based in Gardena, California, but it is supported by a Chinese media company, LeTV. His concept car, FTZERO-1 is supposed to be "Tesla Killer 'because it is designed to be all-electric crossover or SUV with targeted autonomous functions for the upper class of the corporate market. The price of the car is reported to start around $ 150,000.

The company is expected to unveil a working prototype of the concept car in CES this year (Consumer Electronic Show) held in Las Vegas every January. However, it could not do so due to some setbacks. Therefore, the company had to produce a non-functioning static concept car that costs around $ 2m.

Faraday Future even released a video teaser of the concept car. There is not much information on the concept car outside lights and futuristic wheels. However, we do get to see glimpses of the car and its dramatic background music.

The company is reported to have difficulty producing its first concept car since. As there have been some delays. It first started with uncertainties in the Chinese market which LeTV to suspend its operations in Shanghai Stock Exchange for a month. This certainly raises concern on the promise to fund the development of the facility several billion dollars in Nevada makes the US team to visit the headquarters of the office personally to discuss the issue. Accordingly, the ground breaking of the plant was delayed from January to April.

According to 'The Guardian', Faraday Future is most likely to have to outsource its autonomous technologies that struggle to develop the house system as it has not the genius of an electric platform.

Initially, it seems that the company has a culture shock with its parent company on the naming convention of the new company before Faraday Future "was adopted. Leshi initial idea for naming the car company was Fara Faro, however, it does not go well with the US team. Leshi is Chinese car company LeTV.

Despite these setbacks, the company executives who spoke to The Guardian confirmed that there were never any signs to withhold funds that projects were approved to go front and paychecks were released on schedule. The only thing is that there has yet been no concrete results.

LeTV is also reported to work with Aston Martin to develop its all-electric sedan that fast S ready for production in 2018. However, it is unclear how Faraday future participation in this project. Future Faraday himself planned his electric platform for 2017 production and it is very behind schedule.

In conclusion, it seems that Faraday Future missed a lot of what the company announced that it may do so at CES. The company needs to restart again, working on his engineering of the battery due to the loss of its team of engineers from the battery, the vehicle platform, as well as partners for its technology research autonomous. As a start-up company, it also needs to prove to the world that actually can deliver what it promised.

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