Finance

Faraday Future's electric-car concept may be a glimpse of the future — but people are mostly unimpressed

Read in app
Faraday Future FFZERO1
Benjamin Zhang/Business Insider

Faraday Future, the newest company looking to jostle the world of green automotive technology, finally showed the world a glimpse of what it's about.

At the Consumer Electronics Show in Las Vegas Monday night, Faraday Future revealed the FFZERO1 concept.

It's not really a car, as it doesn't drive and won't be mass produced. It's an idea. A receptacle designed to showcase all the new-age technology that FF has up its sleeve.

It's technology that, as Business Insider's Ben Zhang reports, will eventually find its way into real, road-going cars once Faraday Future actually puts one or more of them on the road "in a couple years time," according to FF research and development exec, Nick Sampson.

Still, there was plenty of skepticism — in part because the car's unveiling was preceded by so much build-up and intrigue. Company executives spent the last few months saying very little about anything concerning its plans.

Cue the inevitable let down, from journalists like The Street's Chris Ciacca and Bloomberg's Tom Randall.

David Kiley at Forbes noted that Faraday Future's formula is no guarantee of success — due in part to $2 gas, and the fact that electric vehicles still only make up about 1% of the auto market and Tom Cheshire at Sky News vented his frustration with Faraday Future's pageantry in one word: "BLEURGH"

Nate Swanner at The Next Web tweeted, "we were all disappointed by Faraday Future, but don't let it get to you."

Others on social media seem to be equally unimpressed.

Though it was widely expected that FF would only unveil a concept and give a few details about the technology, the presentation still fell flat.

So, in addition to the daunting task of producing a real car, in a market full of big-time players that are far more established, Faraday Future will also need to prove that it's not just daydreaming.

Read next

Bryan was a former senior editor on the West Coast news team who joined Insider in January 2015. He built the West Coast news division from a staff of one to a team of 12, expanding its footprint from San Francisco to Los Angeles and Sydney, Australia, from 2015 to 2018. In 2019, Bryan took over leadership duties on Insider's transportation desk, successfully growing the team from four full-time journalists to a group of eight reporters, two correspondents, and an associate editor in less than a year. Under his leadership, the transportation team broke stories on Tesla, NASA, and United Airlines. It produced extensive coverage of the SpaceX Demo-2 launch, profiled Ford CEO Jim Hackett on the future of the legacy automaker, and launched a quarterly series spotlighting the next phases in the world of mobility. Bryan was also part of the inaugural team that launched Insider's revamped IGNITION conference, hosting the titans of the transportation, tech, and mobility industries in San Francisco. In 2020, Bryan rejoined Insider's news desk to oversee the expansion the West Coast bureau, which includes reporters in Hawaii and an office in Singapore.  Bryan is an LA native who began his career in talk radio and also anchored weekend news coverage for an NPR affiliate in San Diego.