Faraday Future: is this the electric car to take on Tesla?

Start-up firm Faraday Future has revealed its latest self-driving electric car at CES 2017 in Las Vegas – and it’s not shy about taking on the giant that is Tesla. Or, it seems, Ferrari…

The company says its new luxury car, the FF 91, can hit 60mph in 2.39 seconds – that’s quicker than the fastest Tesla Model S, and faster than supercars such as the Ferrari 488 GTB. Faraday Future has even revealed a video proving this.

Like Tesla’s futuristic cars, the new Faraday Future also contains autonomous features. A live demo showed on screen at CES showed it driving itself around a car park before reversing into a space.

It isn’t flawless, though – something billionaire Chinese investor Jia Yueting demonstrated when he tried to demonstrate the car’s self-parking feature on stage. It failed, with Faraday senior vice president Nick Sampson joking, “OK, it seems like it’s a little bit lazy tonight.”

Fitted with a 130kWh battery, the FF 91 is good for a range of 378 miles says Faraday – and has the ability to charge at more than 500 miles (of range) per hour.

The company – which is plagued by criticism and struggles to be taken seriously as a Tesla rival – says the FF 91 will be released as a production model next year. Like Tesla, it’s hoping to raise revenue by taking refundable deposits of $5,000 to fund development.

Faraday Future revealed a futuristic single seat race-car concept capable of producing 1,000hp and hitting 200mph at least year’s CES. Many likened it to the Batmobile and criticised it for not being realistic.

Since then, Faraday’s been hit by financial difficulties, with question marks over funding. In November, work on a factory it was building in Las Vegas was halted after investment from Jia Yueting’s company, LeEco, is thought to have dried up.