Mysterious New Car Maker to Debut First Model at CES

Jan 4, 2016

The most hotly anticipated CES automotive moment will take place before the show truly gets underway. A mysterious new entrant into the electric car space named Faraday Future is likely to unveil a prototype vehicle before the show opens, according to USA Today.

Not much is known about Faraday beyond that it is backed by Chinese billionaire Jia Yeuting, CEO of Web video service Leshi TV, and has amassed about 400 employees. The company recently brokered a billion-dollar tax incentive-laden deal with Nevada legislators that will see Faraday’s first manufacturing plant pop up in the desert just north of Las Vegas, USA Today reports.

“We plan to revolutionize the automobile industry by creating an integrated, intelligent mobility system that protects the Earth and improves the living environment of mankind,” Yeuting wrote in a proposal letter to state politicians.

Click to continue reading the USA Today article.

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