Faraday unveils concept electric race car; can it catch Tesla?
  • 8 years ago
Start-up electric car venture Faraday Future on Monday previewed a technology-heavy concept race car it hopes to develop into a range of connected vehicles that can challenge luxury rivals like Tesla and Audi in the growing global market for non-gasoline cars.
The California-based company, which has backing from Chinese billionaire Jia Yueting, has remained tight-lipped about its plans since its launch 18 months ago.
Days ahead of this week's Consumer Electronics Show in Las Vegas, it still had revealed no details about its debut vehicle, expected for 2017.
Faraday is part of a group of Chinese-funded start-ups hoping to capitalize on disruption in the auto industry amid global regulatory demand for electric or hybrid vehicles, a growing trend of connectivity in cars and a sharp rise in interest in mobility alternatives, such as Uber.
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