Faraday Future unveiled a concept electric race car in Las Vegas. The California-based company backed by a Chinese billionaire could potentially rival Tesla. Fred Katayama reports.
Not Detroit, but Las Vegas' Consumer Electronics show showcased what could someday challenge Tesla's electric cars. The show has become a venue for automakers trying to flex their tech credentials. (NATSOUND) (ENGLISH) SAYING: "Please welcome Faraday Future's FF ZERO 1 concept." Faraday Future's electric concept race car boasts 1000 horsepower and a teardrop silhouette. Air flowing through its aerodynamic tunnels cool its batteries. The California-based company is backed by deep pocketed Chinese billionaire Jia Yueting, founder of consumer electronics company LeTV. Senior vice president Nick Sampson says, Faraday has poached talent from the likes of Tesla, Apple and Ford. (SOUNDBITE) NICK SAMPSON, SENIOR VICE PRESIDENT OF R&D AND PRODUCT DEVELOPMENT, FARADAY FUTURE (ENGLISH) SAYING: "In the past 18 months, we've assembled an extraordinary group of people, more than 550 talented individuals and plus 200 more globally. We work literally night and day to create and reimagine, rethink a new concept for mobility." He denied that its main rival would be Tesla, the pioneer behind the Model S electric sedan. But it's targeting buyers of luxury cars, and it plans to make its cars in a $1 billion plant in Nevada, the same state where Tesla is building its battery plant with Panasonic called the Gigafactory.