The company called Faraday Future took the wraps off its Batmobile-style vehicle which is part of a plan to compete against the likes of Tesla and reshape the auto sector.
Sampson said Faraday intends to move "very fast" on its plans and has already announced a $1 billion factory to be built near Las Vegas. In just 18 months since its founding, Faraday has 750 employees and intends to produce its first car within two years.
Faraday will move fast because it will act "more like a technology company than an automotive company," Sampson said. At the event, Faraday confirmed a "strategic partnership" with China-based media and tech firm Letv, but did not elaborate on its ownership or even indicate who is its chief executive.
The company said that Chinese billionaire Jia Yueting is among its investors. Its employees include former executives from Apple, BMW, Google, NASA, Tesla and other prominent firms.
Sampson said Faraday has created a variable architecture platform to create multiple vehicles, and is using techniques such as virtual reality to speed up development. He also said Faraday was exploring "new types of ownership" for the vehicles, but did not elaborate.
Based in California, Faraday Future announced its factory plans in early December, saying it would be a "first phase" for the new company, which is yet to get a vehicle on the road. It will create 4,500 jobs in the region.
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