Autoweek wrote:To be sure, the future is still coming, but Faraday has whittled seven future models down to just two, which should be built in its (also future) production facility north of Las Vegas. The planned facility, expected to go online in 2019, is now promised to have an annual production capacity of just 10,000 vehicles, though there's no word how that production capacity will divide among the two models. Faraday is also staying mum on the other part of building boutique electric cars: Selling boutique electric cars.
The company announced that it received more than 64,000 reservations for the car shortly after CES, but people were allowed to put their names down with or without a $5,000 deposit. Sources close to the company told Business Insider 60 people actually submitted a paid reservation.
cwerdna wrote:I've been confused about the relationship between LeEco and FF. They made a bunch of noise with http://nbr.com/2016/10/19/leecos-push-i ... -s-market/ (and other stuff earlier) yet a few weeks later, it was widely reported that LeEco was running out of cash:
https://www.engadget.com/2016/11/08/lee ... -problems/
https://www.bloomberg.com/news/articles ... h-at-leeco
https://www.buzzfeed.com/priya/turmoil- ... day-future reports similar wonkiness over there.