In the emerging world of electric cars
, there is only one king: Tesla. Elon Musk is so proud of his company, that he believes Tesla commercials would be a waste of money. Despite Tesla's dominance in the EV market, other eccentric entrepreneurs have tried to make their own "Tesla Killer."
Such is the case with Faraday. This startup has tried to out-tech Tesla with their Faraday Future FF91, but there are serious concerns if the Future will ever arrive.
What is the Faraday Future?
The Faraday Future FF91 first debuted at the 2016 CES tech show. It received a warm reception given its futuristic appearance.
The vehicle held two electric motors that produced a combined 1050 hp, as reported by Car and Driver
. It has an incredibly aerodynamic design, allowing it to have some impressive speed stats. It had 0 to 60 MPH of 2.9 seconds, which would make any Ferrari driver jealous. The interior was just as impressive. Instead of relying on traditional side view and rearview mirrors, the Faraday Future had a series of cameras and screens that eliminated any blind spots. It would have removable side-view mirrors to be fully compliant with car regulations.
Perhaps the most impressive feature was the "Driverless Valet." A driver could just exit the vehicle in front of a restaurant or store and the car would park itself. The company planned on building a crowdsourced network of verified parking lots to make this feature fully accessible.
The Faraday Future would also make keys and fobs a thing of the past. The vehicle would have pillar cameras that could scan your face for authorized entry. A separate Faraday app could also be used in lieu of traditional keys or fobs.
While it is difficult to design a car of the future, it is even more difficult to bring that design into mass production.
The many problems of the Faraday Future
The company promised that the Faraday Future would be brought into production in just a few months. That was in 2017, and the car has yet to enter production. The company has been plagued by financial scandals that would make for an excellent docu-series on Netflix.
There have been numerous reports of out-of-control debts, lawsuits from suppliers, and an army of ex-employees accusing Faraday of mismanagement.
The company's founder, Jia Yueting, has been caught up in financial scandals of his own. Allegedly, he tried to have Faraday's IP owned by a separate company set up in the Cayman Islands. Additionally, he had assets valued at $182 million frozen by a Chinese court.
Will this car ever make it to production?
Most journalists in the automotive world are skeptical if the Faraday Future will ever make it to production. And there's a good reason for the skepticism.
The company has missed production dates several times over the past five years. Currently, they are promising that production will begin before the end of 2022, but everyone is taking this with a giant grain of salt.
While Faraday was able to design a beautiful car, it seems their financial woes will prevent the Future from arriving anytime soon.
MORE: This Solar-Powered Concept Car Includes a Kitchen and a Shower
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