FF New Energy Venture (FF NEV)

FF New Energy Venture (FF NEV) is a technology-focused investment fund and strategic partner of Faraday Future, a California-based electric vehicle (EV) company. FF NEV was founded in 2018, and it is headquartered in Beijing, China, with additional offices in the United States and Europe.

The primary focus of FF NEV is to identify and invest in promising early-stage startups that are developing cutting-edge technologies in the areas of electric vehicles, autonomous driving, and other sustainable transportation solutions. FF NEV aims to support the development of innovative technologies that can accelerate the transition to a cleaner, more sustainable transportation sector.

In addition to providing funding to startups, FF NEV also offers strategic support to its portfolio companies, including access to the resources and expertise of Faraday Future. FF NEV has made several notable investments in the EV and autonomous driving sectors, including a partnership with Chinese ride-hailing giant, Didi Chuxing, to co-develop an electric car for the Chinese market.