Faraday Future

Faraday Future (FF) is a global shared intelligent mobility ecosystem company focusing on building the next generation of intelligent mobility ecosystems.

FF's vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe and live freely. 

Faraday was founded in April 2014, by Yueting Jia and Nick Sampson. The company is headquartered in Gardena, California, along with its R&D Center and Futurist Testing Lab, and has offices in Silicon Valley, Beijing, Shanghai, and Chengdu.

 

FF is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models, that aim to continuously transform the mobility of mankind.

 

FF's swift digital modeling and 3D printing capabilities allow them to quickly engineer new components and test them in real world environments. Faraday Future’s first flagship product FF 91 Futurist, puts forward a unique and intelligent EV experience with extreme technology, an ultimate user experience.

 

FF's generational upgrade from PT Gen 1.0 to PT Gen 2.0 consists of significant upgrades of systems and core components from both the vehicle, and I.A.I area – the advanced core, which stands for Internet, Autonomous Driving, and Intelligence. PT Gen 2.0 was achieved through upgrades of 26 major system and components.

 

Faraday Future is backed by ATW Partners, Ares Management, Evergrande Health Industry Group, Geely, Birch Lake Partners, Acuitas Capital, Senyun, and others. The company raised $105M in a new round on Jun 27, 2023. This brings Faraday Future's total funding to $4.1B to date. Faraday Future debuted on Nasdaq (FFIE)) on Jul 22, 2021, which valued the company at $5B. 

 

 

  • Year founded: 2014
  • Funding Info: $4.1B over 11 Rounds (Latest Funding Type: Post-IPO Equity)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued $5B at IPO as of Jul 22, 2021/ MKT Cap: $250.81M as of Jul 07, 2023
  • City/Town: Gardena
  • State: California
  • Country: United States
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