Secretive electric car company Faraday Future just announced a major partnership with one of the largest battery makers in the world
Faraday Future is gearing up to make its mark in the electric car space.
The company announced Monday that it is partnering with LG Chem, one of the largest lithium-ion battery makers in the world, to provide the batteries for its vehicles.
LG Chem also provides batteries to GM for its all-electric Bolt and to many other automakers working on EVs.
"LG Chem worked closely with Faraday Future to develop a tailored cell chemistry to optimize the range and safety of our mass production battery hardware," Tom Wessner, Faraday Future's vice president of global supply chain, said in a press statement.
Faraday Future said the batteries were made specifically for Faraday Future's VPA platform, which is a modular platform that allows the carmaker to quickly and efficiently build cars of different sizes with different battery capacities.
The new battery structure is arranged in rows - or as Faraday calls it, "strings." Adding or removing strings allows the company to change the battery capacity.
Because the skateboard-style chassis can easily be adjusted, and battery capacity can also be easily changed, the company has the capability to quickly and efficiently build a range of vehicles.
"It's a bit like a computer, if you want to add more memory, a tech comes and puts in another chip in the back and suddenly your memory has changed. Well, we wouldn't quite look at doing that within one vehicle, but in principle it is just a matter of putting in another chip or another string of batteries and you can have a larger battery pack and a longer range," Nick Sampson, Faraday's head of research and development, told Business Insider in January.
Faraday Future has not given an exact timeline of when to expect its first production vehicle, but the company has hinted that it will arrive before 2020.