Faraday Future has published an official confirmation of its partnership with LG Chem.
If you are not familiar with the deal, which we announced as a rumor in the second part of last month, LG Chem will be the battery supplier of choice for Faraday Future.
The two partners have not gone into details regarding specification, volumes, or other information in the press release posted on Faraday Future’s web page, but we now have a confirmation of the deal.
For the moment, we know that Faraday Future will employ the batteries supplied by LG Chem in its VPA platform. The latter is the company’s modular technical solution, which will give birth to multiple electric cars in its lineup. The batteries from LG Chem will use the ongoing Lithium-Ion technological solution.
According to Faraday Future, the company will work in close collaboration with LG Chem to develop a tailor-made specification of the cells that will be used by these batteries.
The goal of the project is to optimize range and safety, while also having a solution that is suitable for mass production. None of the partners has revealed any figures regarding the value of the investment in this deal.
The same release mentions that Faraday Future has a global team that consists of over 1,400 employees, which come from a multitude of fields. From the automotive industry to aerospace technology, Faraday Future has also hired people from the tech sector, as well as digital content creators.
As they have previously stated, Faraday Future wants to build seamlessly connected electric vehicles that will embrace new technologies.
We expect them to offer autonomous driving capabilities, and to look as good as possible. The designers behind this project have a massive challenge ahead, but also a tremendous opportunity.
We do not know who is the lead designer of the first production car that will be made by Faraday Future, but he or she will have the difficult job of establishing a brand identity.
The appealing part about this is that an entirely new design will be put on the market, and it will bring a breath of fresh air in the automotive industry.
The two partners have not gone into details regarding specification, volumes, or other information in the press release posted on Faraday Future’s web page, but we now have a confirmation of the deal.
For the moment, we know that Faraday Future will employ the batteries supplied by LG Chem in its VPA platform. The latter is the company’s modular technical solution, which will give birth to multiple electric cars in its lineup. The batteries from LG Chem will use the ongoing Lithium-Ion technological solution.
According to Faraday Future, the company will work in close collaboration with LG Chem to develop a tailor-made specification of the cells that will be used by these batteries.
The goal of the project is to optimize range and safety, while also having a solution that is suitable for mass production. None of the partners has revealed any figures regarding the value of the investment in this deal.
The same release mentions that Faraday Future has a global team that consists of over 1,400 employees, which come from a multitude of fields. From the automotive industry to aerospace technology, Faraday Future has also hired people from the tech sector, as well as digital content creators.
As they have previously stated, Faraday Future wants to build seamlessly connected electric vehicles that will embrace new technologies.
We expect them to offer autonomous driving capabilities, and to look as good as possible. The designers behind this project have a massive challenge ahead, but also a tremendous opportunity.
We do not know who is the lead designer of the first production car that will be made by Faraday Future, but he or she will have the difficult job of establishing a brand identity.
The appealing part about this is that an entirely new design will be put on the market, and it will bring a breath of fresh air in the automotive industry.