LeEco Lays Off 70% Of Its Workforce In The United States
LeEco had big ambitions for its business in the United States when it launched its products in the country with much pomp and circumstance. The reality has been different, though. The company has been facing financial issues which even caused it to abandon its proposed acquisition of Vizio. The company has now confirmed that it’s laying off most of its workforce in the United States.
Faraday Future FF 91 Electric Car Might Cost $300,000
Faraday Future properly unveiled its self-driving electric car FF 91 at the Consumer Electronics Show 2017 earlier this month. While it revealed a lot of details about this car it didn’t say how much it’s going to cost, but it’s not that hard to guess that this vehicle will be very expensive. Just how much? Apparently, it’s going to cost close to $300,000. You can buy three Tesla Model S […]
Faraday Future's FF 91 Electric Car Has 1050HP And Even A 'Driverless Valet' System
At the Consumer Electronics Show 2017, Faraday Future finally showed off a proper production version of its self-driving electric car. It’s unlike any other electric car on the market right now. The claimed figures are interesting to say the least. Faraday Future says that the FF 91 electric car has three phase permanent magnet motors that provide a combined 1050 horsepower while the 130kWh battery is big enough to provide […]
What To Expect At CES 2017
What To Expect At CES 2017Editor's Pick
The Consumer Electronics Show 2017 or CES 2017 is almost upon us (January 5-8, Las Vegas), and while many of you are preparing your New Year’s Eve, the electronics industry is gearing up for its most high-profile event of 2017 – the show’s 50th anniversary.Below is what we think you should expect from the show, but we highly recommend that you follow the hectic unfolding of CES on Ubergizmo, daily, […]
Faraday Future Electric Car Will Be Unveiled At CES 2017
Faraday Future showed off its electric supercar concept at CES 2016 but many criticized the company for making such a big deal about a concept that wasn’t actually going to have any influence on a tangible product. The company will make amends at the Consumer Electronics Show in January next year by unveiling its electric passenger car. Faraday Future is just one of the many companies working on electric cars […]
LeEco Raises $1.08 Billion To Develop Electric Sports Car
Tesla has had a few relatively competition-free years but many companies are now gearing up to challenge Tesla with their own electric cars. This includes traditional car companies like General Motors and tech companies like China’s LeEco which does everything from TVs to smartphones. LeEco has confirmed a round of funding which brings $1.08 billion for the development of its electric sports car.
Faraday Future’s Model X Rival Possibly Spotted In LA
Tesla is one of the biggest manufacturers of all-electric cars right now but there are many companies that are actively working to compete with it. Faraday Future is a relatively new company based in California that’s backed by Chinese electronics giant LeEco, the company has already shown off an electric car concept and now it appears that its upcoming production electric vehicle has been spotted out and about in Los […]
Faraday Future Also Working On A Self-Driving Car
Quite a few companies are working on self-driving or autonomous cars so it’s not surprising to find out that Chinese electric car maker Faraday Future has said that it’s also creating a self-driving car of its own. Faraday Future unveiled its first electric concept car – the FFZERO1 – at the International Consumer Electronics Show earlier this year, but it’s unclear as yet when it’s going to actually put a […]
Company Behind Mysterious Electric Car Startup Unveils Its Own Electric Car
You might have heard about Faraday Future, it’s a rather mysterious startup that’s working on an electric car, it was even rumored at one point that Faraday Future was a front for Apple’s secret car project. That’s not the case, though, Faraday Future is backed by a major Chinese company, and that same company has just unveiled its very own electric car.
Aston Martin Will Make An Electric Car
Electric cars are the future which is why so many of the old manufacturers that have only made internal combustion engine-powered cars for decades are now getting in on the action as well. Some companies that have traditionally made supercars are giving EVs a shot as well while trying to maintain the legendary performance that their customers expect. Aston Martin is one of those manufacturers and it’s going to make […]
Faraday Future unveils outlandish FFZERO1 concept, serious modular EV platform
Remember Silicon Valley electric vehicle startup Faraday Future? Turns out it’s not a front for Apple, but it’s actually backed by Chinese giant Letv. Last night at CES 2016, after months and months of hype, the company finally gave us a glimpse of what it’s secretly been working on, and it’s not what you expect. See, Faraday Future’s been hinting about an EV designed to “redefine our relationship with the […]