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Faraday Future Uncloaks Mysterious Electric Car Effort In Gardena

socalTECH

Faraday Future , a mysterious, electric car company based in Gardena, uncloaked last week, saying it will spend $1 billion on creating a new, U.S. The mysterious company apparently is backed by a Chinese billionaire , already has more than 400 employees, and has not revealed any details on its vehicles. READ MORE>>.

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Faraday Future Finds New Chief Executive

L.A. Business Journal

The chief executive of Gardena-based electric vehicle developer Faraday and Future Inc. has vacated his post, according to a statement the company made September 3.

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Educational Insights Launches Coding Robot

socalTECH

Gardena-based toy maker Educational Insights said this morning that it has launched a new product, a "coding robot" which is designed to help kids learn how to write their own software. According to the company, its new robot, Artie Max, helps kids learn five coding languages (Blockly, Snap!, The new robot has a MSRP of $109.99.

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Faraday Faces Rockier Road

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address $3.6 billion in debt.

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Faraday Future Founder Files for Bankruptcy

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address mounting personal debts.

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Faraday Co-Founder Resigns

L.A. Business Journal

Nick Sampson, co-founder of Gardena-based electric vehicle manufacturer Faraday and Future Inc., 30 after calling the company “effectively insolvent.” resigned on Oct.

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Faraday Future Unveils Formula-E Racer

socalTECH

Los Angeles-based Faraday Future , the stealthy electric car company, has unveiled its entry into Formula-E , the electric auto racing circuit. According to Faraday Future, Faraday Future Dragon Racing is a partnership between the company and Dragon Racing, and will be its inaugural entry into the Formula-E motorsports. READ MORE>>.

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