There is a new kid on the electric car block in the form of Faraday Future. The mysterious company began operating out of an old Nissan research facility in California last year – but no one knows very much about it – other than it lots of money to invest and is recruiting hard and fast.
Faraday Future currently has more than 400 employees working for it with the aim of having 500 by the end of the year and boasts a who’s-who of electric car engineers and designers on their staff list. These include the former vehicle and chassis engineer for the Tesla Model S, the head designer of the BMW i8, a former interior designer for Ferrari and a battery specialist from the Elon Musk-owned Space X.
Nick Sampson, former director of vehicle and chassis engineering for Tesla and now the senior vice president at the company recently told reporters that the company would launch a brand new electric car in 2017 that would rival the Tesla Model S.
Faraday says it will invest $1 billion in a manufacturing plant in either its home state of California, Nevada, Georgia or Louisiana; however, it doesn’t have a location set in stone yet.
“Producing our forward-looking and fully connected electric vehicles not only requires the latest technology, but the right community partner,” Sampson said in the release.
Whilst the fact the company initially refused to disclose its CEO was shrugged off as a hype-builder, now that Faraday has funding for a manufacturing plant, the mystery has garnered serious interest, particularly as Sampson has remained silent as to who its partners are.
Not surprisingly, one rumour that has gained traction is that Faraday is actually a dummy company created by Apple to hide its car plans until they’re ready.
Regardless of how accurate the Apple rumor is, it looks like Tesla will finally have its first proper electric car rival in the not-too-distant future. Watch this space.