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 company is based in a former Nissan research and design building in Gardena--and is hoping to ship its car in 2017. manufacturing facility to build electric vehicles aimed at rivaling Tesla Motors. The startup says it is looking at California, Georgia, Louisiana and Nevada for the location of its factory.

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

Faraday Future Lays Off Furloughed Employees

L.A. Business Journal

Gardena-based electric vehicle maker Faraday & Future Inc. fired several employees it had previously placed on unpaid leave in December, citing lack of funds to pay salaries

Faraday Co-Founder Resigns

L.A. Business Journal

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

April Fools Fun: Ramen Noodle Headphones?

socalTECH

Irvine-based gaming products maker HyperX , and ramen noodle manufacturer Nissin Cup Noodles --based in Gardena--are getting in on the April Fool's fun, "announcing" a funny "headphone collaboration" which imagines headphones specifically for eating Cup Noodles.

PCM Completes En Pointe Technologies Sales Buy

socalTECH

El Segundo-based PCM said late Wednesday that it has completed its acquisition of Gardena-based En Pointe Technologies Sale , an independent Microsoft IT solution provider. The asset purchase deal was worth $15M in cash, plus also includes unspecified earnout. PCM said the deal will "significantly" enhance its relationship with key vendors, and also help it scale its business. READ MORE>>. enpointe technologies point merger acquisition sales services integration integrator

Faraday Future Unveils Formula-E Racer

socalTECH

Faraday Future has unveiled plans to develop electric cars in Los Angeles, where it has its headquarters in Gardena, but has been extremely stealthy about those yet-to-be-announced vehicles and plans. Los Angeles-based Faraday Future , the stealthy electric car company, has unveiled its entry into Formula-E , the electric auto racing circuit.

Faraday Future Names Administrative Chief

socalTECH

According to Faraday Future, it has named Henry (Hong) Liu to the position, based at its main campus in Gardena. Los Angeles-based electric vehicle upstart Faraday Future has named a new Chief Administrative Officer, Global Executive Vice President, and Global General Counsel at the company, Faraday said on Wednesday morning.

Mysterious Faraday Future Announces $1 Billion Factory In Vegas

socalTECH

Faraday Future quietly set up shop in Gardena back in November, saying it is looking to rival Tesla Motors. Los Angeles-based Faraday Future , the stealthy electric automobile company backed by a Chinese billionaire, broke ground on what it said will be a $1 billion facility in North Las Vegas on Wednesday, which it says it will use to build its yet-to-be-announced production vehicles.

PCM Buys En Pointe Technologies Sales

socalTECH

En Pointe was based in Gardena, and provided system integration services; PCM said En Pointe had revenues of $393M for the year ended September 30th, 2014. El Segundo-based technology service provider PCM announced this morning that it has acquired En Pointe Technologis Sales , in ann asset acquisition deal. PCM said it acquired En Pointe Technologies Sales IT solutions provider business, excluding the firm''s current tangible assets, accounts receivable and inventory.

EntComm Sells Division

socalTECH

Gardena-based EntComm , a developer of software-as-a-service products, has sold its product division to a Indian software firm, TAKE Solutions. Financial terms of the sale were not disclosed. Texas-based TAKE Supply Chain, which is owned by Indian software provider TAKE Solutions, based in Chennai, said it would buy EntComm's product division, which develops software-as-a-service used for supply chain collaboration in the oil and gas, aerospace and defense, and manufacturing industry.