Faraday Future Delays Launch of FF91 Electric SUV Again

While Faraday Future revealed a production version of the FF91 electric SUV earlier this year, the company has had to push back the vehicle’s on-sale date to before the end of 2022.

Vineeth Joel Patel2022-09-06 21:00 PT

California Electric Vehicle Startup Canoo Goes Public at a $2.4 Billion Valuation

Los Angeles-based electric vehicle startup Canoo Holdings Ltd is going public, becoming the latest electric vehicle startup turning to Wall Street to raise new capital. The company announced on Tuesday that it entered into an agreement with special purpose acquisition company (SPAC) Hennessy Capital Acquisition Corp IV.

Eric Walz2020-09-24 11:55 PT

Electric Vehicle Startup Canoo is Looking to Reinvent the EV & Car Ownership Model

Los Angeles-based electric vehicle startup Canoo revealed its new electric vehicle that it hopes will change the way people get around. Canoo is also looking to reinventing the traditional car ownership model. The company’s first vehicle, simply called “Canoo” is not for sale, rather it's available only as a monthly subscription.

Eric Walz2019-11-01 17:30 PT

EV Startup EVELOZCITY Renamed Canoo, Will Offer its Vehicles as a Subscription

Los Angeles-based electric vehicle startup EVELOZCITY has changed its name to Canoo. The new company aims to be a boutique Californian brand offering four unique electric vehicles, each available as a subscription.

Eric Walz2019-05-02 13:12 PT

Evergrande Buys a Controlling Stake of NEVS, the Company that Purchased the Assets of Saab

Evergrande Health Industry Group, the Hong Kong-based real estate investment company which owned a majority stake in troubled electric vehicle startup Faraday Future, has purchased a majority stake in National Electric Vehicle Sweden (NEVS). NEVS is the company that purchased the assets of defunct Swedish automaker Saab in 2012.

FutureCar Staff 2019-02-22 17:12 PT

Former Opel CEO joining U.S. Electric-Car Startup Evelozcity

Electric vehicle startup Evelozcity is adding another auto industry veteran to its ranks. Former Opel CEO Karl-Thomas Neumann is joining the Los Angeles-based electric car company. Evelozcity was founded by former BMW finance chief Stefan Krause, formerly of Faraday Future.

Eric Walz2018-06-06 11:20 PT

July 17th, 2017 News of the Day: Volkswagen EV to cost less than Tesla, Faraday hires BMW EV head

News of the Day July 17th, 2017

Eric Walz2017-08-23 11:57 PT