Faraday Future's FF 91 Las Vegas Debut Snags 64,000 Reservations For Electric Car

Faraday Future's FF 91 electric car is unveiled at the 2017 Consumer Electronics Show in Las Vegas on Jan. 3. (Patrick T. Fallon/Bloomberg) Faraday Future said it received 64,124 customer reservations shortly after unveiling its first car, the FF 91, this week at CES in Las Vegas. The initial strong response is welcome news as the Los Angeles-based automotive startup is in need of funds to get the battery-powered crossover into production. The spike in reservations came within 36 hours of Faraday Future's elaborate debut of the car on Tuesday, the company said in a statement. While "priority" reservations for the 1,050-horsepower FF 91 require a refundable $5,000 deposit, the company declined to specify how many of its prospective buyers were paying that amount. If all goes well, cars start shipping sometime in 2018.