Is There Still Hope For The Faraday Future FF91 EV? New Hurdle Now Further Delaying Production?

Feb 14, 2017 04:30 AM EST | Gerone Trish

Faraday Future is reportedly facing another hurdle hindering the start of production. The highly anticipated car is feared to be delayed further as the automaker is facing a new lawsuit which is allegedly going to raise more eyebrows.

When Faraday Future launched the FF91 EV, many people immediately deposited for advance booking. The new vehicle attracted much attention due to its highly-advanced technology and record-breaking performance.

Unfortunately, the overwhelming welcome was quickly marred with the news of the departure of high profile executives, financial chaos and off-putting price variance, Carbuzz has noted. Considering the unpleasant news, people began to doubt if the anticipated vehicle will be ever put into production.

Now, things do not seem to go in favor of Faraday Future. A new report has surfaced revealing that the company is being sued for a new lawsuit. Surprisingly, the reason behind the lawsuit appears to be unbelievably embarrassing.

Faraday Future is allegedly being accused of not paying a broker for his service of acquiring a domain name for the company. Jalopnik discovered the 10-page complaint which was filed at the San Francisco County Superior Court by Domains Cable broker Suraj Rajwani.

Apparently, Suraj Rajwani was hired by Marcus Nelson, Faraday Future's former head of corporate communications, to assist the company in coming up with a name for the company as well as in registering a designated domain name. Marcus Nelson promised to pay 15 percent to Domains Cable for acquiring the domain name. Aside from this deal, the boss also made a promise that the broker will also receive a fee.

Suraj Rajwani was able to negotiate a deal to buy FF.com as the domain name for Faraday Future from Bank of America for $1.5 million. However, the broker stated in his complaint that the automaker failed to comply with their agreement.

According to the complaint, after Suraj Rajwani was able to trim down the deal to $1.5 million from Bank of America's $2.5 million offer, Faraday secretly negotiated with Bank of America without informing the broker and acquired the domain for a lesser fee of $1.4 million. The broker then filed a lawsuit to claim $210,000 from Faraday Future to cover for the lawsuit costs and his service for negotiating with Bank of America. It remains to be seen what might transpire after this lawsuit.

Meanwhile, the Faraday Future took to its official Twitter account a press release confirming the production of the FF91 EV. According to the post, phase 2 will progress soon as they are aiming to comply with their committed 2018 delivery.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?

© 2024 Auto World News, All rights reserved. Do not reproduce without permission.
Get the Most Popular Autoworld Stories in a Weekly Newsletter

Join the Conversation

Real Time Analytics