The Cleveland Daily Banner | Page 22

22—Cleveland Daily Banner—Wednesday, January 6, 2016 www.clevelandbanner.com Faraday Future reveals sleek, sporty concept car in Vegas LAS VEGAS (AP) — The automotive future according to a new electric car maker looks an awful lot like a Corvette crossed with the Batmobile. California-based Faraday Future debuted its sleek electric concept racecar Monday night during the annual CES show that focuses on consumer gadgets and has increasingly become a way for carmakers to show off their latest technological feats. The 18-month-old company that has remained much of a mystery until recently revealing its primary backer, Chinese billionaire Jia Yueting, won $335 million worth of incentives from the state of Nevada last month to build a $1 billion manufacturing facility in a hard-hit Las Vegas suburb. Not even Nevada Gov. Brian Sandoval, who pushed for the incentive package and attended Monday’s debut, had seen the concept car. Neither had North Las Vegas Mayor John Lee although he visited the California headquarters four months ago and saw “the intelligence building around the car.” “There was no doubt about it that that was the exclamation point,” he said, referring to the negotiations to land the manufacturing plant in his city. He was convinced, he said. Emphasizing the speed at which it will develop and build cars, the company’s Senior Vice President of Research and Development Nick Sampson said the company would deliver its first production car in a couple of years. Sampson said Faraday had so far hired 750 people globally with most at its California headquarters and planned to break ground on its North Las Vegas plant in a few weeks with plans to hire 4,500 people there. He said his company would utilize digital design and testing of parts and modular construction, making it quicker than competitors. “You don’t need to have a hundred year legacy in the automotive industry to define what the next generation of transportation needs to look and feel like,” Sampson said, taking a stab at traditional car makers and likening the future of cars to the debut of the Apple iPhone nine years ago making several models of cell phones obsolete. But Sampson wasn’t saying what the company would build first for production, how much it’s spent so far and also wasn’t revealing much more information about the company’s investors. The company is still shopping for a battery supplier, he said. The presentation included Ding Lei, co-founder of LETV described as the Netflix of China, who said afterward that his company intends to partner with Faraday on research and development. The road to make a profitable electric car company hasn’t been easy for one of the most wellknown in the marketplace. Tesla has only made a quarterly profit once since its 2003 founding. And traditional automakers have been utilizing modular design and augmented reality in development for years. Sampson said the difference is that Faraday will be designing only electric cars unlike other car-makers that might have to spend more time redesigning a model to fit a hybrid engine, V6 or V8. “We’re developing one core motor technology,” Sampson said. ap photo the FFzero1 by Faraday Future is displayed at CES Unveiled, a media preview event for CES International Monday in Las Vegas. The high-performance electric concept car was unveiled during a news conference by Faraday Future. The company dubbed Monday’s debut that included a clear fin running half the length of the car, a single-line of a smile for a headlight and a white interior with a seat inspired by NASA design the FFZero1. The low-profile waist-high car remained under a white sheet, the centerpiece on a white stage in front of white curtains for most of Monday’s night’s presentation inside a large tent packed with people and press waiting for the reveal. “It’s an extreme tablet on wheels,” said Richard Kim, Faraday’s head of global design, saying the concept included the ability to project images on the road much like a “digital copilot,” a smart phone dock in the steering wheel, tunnels below the car to funnel air through and a designed horizontal crease along the sides of the car he called the “UFO” line to signal the car was otherworldly. It’s a “car of concepts,” he said rather than a concept car. Wendell Castle’s furniture fuses craft, high-tech General Motors invests NEW YORK (AP) — Sometimes a chair is not just a chair, but a softly organic, cantilevered form, perhaps sprouting a leaf to one side. A table can resemble a voluptuous jungle plant brought from an alien planet. A bench becomes an inviting squid resting on delicately rounded tentacle legs. Wendell Castle, 83, sometimes dubbed the father — or grandfather — of the American art furniture movement, has, throughout his 57-year career, employed creative new techniques in works that are both sculpture and furniture. Now, in “Wendell Castle Remastered,” the Museum of Arts and Design explores Castle’s most recent, digitally crafted pieces. The show will remain on view through Feb. 28. In what sometimes resembles a forest out of a Dr. Seuss book, Castle’s latest works are displayed side-by-side with his earliest ones, which inspired them. “Even though my work has an element that is a seat or a desk, it also has other elements that have nothing to do with any function. But it’s a set. They go together,” the artist is quoted as saying in the exhibit catalog. Says Ronald T. Labaco, who curated the show: “He loves the idea of planting a furniture seed that sprouts into a chair or lamp or table.” Earlier works featured include some of Castle’s pieces from the 1950s and ‘60s, when he was an innovator in the process of stack lamination: He built forms from carefully sized and stacked wood, and then honed them by hand to create eye-popping organic pieces. Some of the earliest works in the exhibit include spindly sculptural pieces made from gunstocks, including “Scribe’s Stool,” which helped launch Castle’s career. It was first exhibited at this museum, then called the Museum of Contemporary Crafts, and so has come full circle. After seeing the chair in 1962, the dean of fine and applied arts at the Rochester Institute of Technology invited Castle to be a professor of furniture design, a position that allowed him access to the facilities he needed to grow and experiment as an artist. Castle still lives and works in the Rochester, New York, area. His sculptural approach to furniture has evolved in recent years, when Castle has combined his handcraftsmanship with the latest in robotics, including an enormous milling robot named Mr. Chips. In his latest works, carving, rasping and finishing techniques are combined with digital techniques like 3-D scanning, 3-D modeling and computer-controlled milling. “It is nothing short of astonishing that he is now making some of the best work of his long career, work that attests to the value of deep expertise and experience,” says Glenn Adamson, a director of the museum. Many of the more recent pieces feature cone-shaped forms, stacked or layered, with results that Castle says are too complex to have been realized using his earlier method of stacked lamination. $500 million in Lyft, forms a partnership ap photo tWo bronze sculptures and combined outdoor public seating, part of the Wendell Castle Remastered exhibit, are installed in front of the Museum of Art and Design, in New York. The museum show explores the recent work of Wendell Castle, 83, sometimes called the father (or grandfather) of the American art furniture movement for pieces that are both sculpture and furniture. ap photo “runaWay,” left, and “Like a Dream,” part of the Wendell Castle Remastered exhibit, are displayed at the Museum of Art and Design, in New York. ap photos “Squid chair no. 1,” right, part of the Wendell Castle Remastered exhibit, is displayed at the Museum of Art and Design, in New York. The museum show explores the recent work of Wendell Castle, 83, sometimes called the father (or grandfather) of the American art furniture movement for pieces that are both sculpture and furniture. “Walnut Sculpture,” “Scribe’s Stool,” and “Stool,” from left, part of the Wendell Castle Remastered exhibit, are displayed at the Museum of Art and Design, in New York. DETROIT (AP) — The automotive industry is placing its biggest bet yet that using a device to hail a ride — with or without a driver — is the future of transportation. General Motors Co. said Monday it is investing $500 million in ride-hailing company Lyft Inc. and forming an unprecedented partnership that could eventually lead to on-demand, self-driving cars. It’s the largest investment yet by a traditional automaker in a new mobility company, and is an acknowledgement by GM that the transportation landscape is changing fast. “We see the world of mobility changing more in the next five years than it has in the last 50,” GM President Dan Ammann told The Associated Press. GM made the investment as part of a $1 billion round of fundraising by Lyft. Together, the companies plan to open a network of U.S. hubs where Lyft drivers can rent GM vehicles at discounted rates. That could expand Lyft’s business by giving people who don’t own cars a way to drive and earn money through Lyft. It also gives GM a leg up on competitors like Daimler AG and Ford Motor Co., who are developing their own ridesharing services. And it would put more young drivers behind the wheel of a Chevrolet, Buick, GMC or Cadillac. Longer term, GM and Lyft will work together to develop a fleet of autonomous vehicles that city dwellers could summon using Lyft’s mobile app. Partnering with GM could give Lyft a boost o ver its archrival, Uber Technologies Inc., which is working on its own driverless cars. Karl Brauer, an industry analyst with Kelley Blue Book, expects to see automakers and tech companies form more partnerships over the next few months. “Each one has an area of specialization to make both of them stronger,” he said. GM isn’t the only automaker with an eye on Lyft. Fontinalis Partners — a venture capital firm co-founded by Ford Motor Co.’s Executive Chairman Bill Ford — invested in Lyft last May. The amount invested wasn’t disclosed. GM gets a seat on Lyft’s board and access to the three-year-old company’s software, which matches riders with drivers and automates payments. The partnership also better positions the automaker for a future in which customers don’t buy cars every five or six years but share rides or hail drivers when they need to get somewhere. San Francisco-based Lyft gets the expertise of a 108- year-old automaker with decades of experience in making connected and autonomous vehicles. Detroit-based GM also has an enviable global reach; it sells almost 10 million cars each year in more than 100 countries. Lyft operates in 190 U.S. cities, although it recently formed partnerships with ride-sharing services in China and India. Lyft co-founder and President John Zimmer and GM President Dan Ammann say the two companies began serious discussions about three months ago. Both executives see big changes coming in the traditional model of car ownership, and they had similar ideas about how to address it. “It felt very natural very quickly,” Zimmer said. Ammann said the resulting partnership is unlike any other in the auto and tech industries. “Do we want to deploy the resources and people to do everything ourselves, or get there faster by working in partnership?” Ammann said. “We see a really compelling, complimentary set of capabilities.” GM has made previous forays into the ride-sharing world. In 2011, GM invested $3 million in RelayRides and teamed up to let GM owners rent their cars to other drivers through the OnStar connectivity system. GM and RelayRides cut ties last year when RelayRides — now Turo — rebranded itself as a longterm car-sharing company, GM spokesman Dave Roman said. Some automakers are going alone. Daimler’s Car2Go rents out tiny Smart cars in 28 European and U.S. cities. BMW is experimenting with renting out electric cars through its Drive Now service. Apple and Tesla are also believed to be developing their own autonomous software and ride-sharing schemes. Others are forming partnerships. Ford, for example, encourages owners in a handful of U.S. cities to rent cars through Getaround, a car-sharing service. Google, which is testing a small fleet of driverless cars, invested $250 million in Uber in 2013. Following its latest round of fundraising — which also included a $100 million investment from Saudi Arabia’s Kingdom Holding Co. — privately held Lyft set its value at $5.5 billion. The company expects revenue of around $1 billion this year. By comparison, GM is valued at $53 billion and had $153 billion in revenue in 2014. GM’s shares fell 2 percent to $33.31 on Monday. The major U.S. indices were all down more than 1.5 percent.