Image: Faraday Future

Faraday Future has joined MOBI, the Mobility Open Blockchain Initiative, a consortium which already includes ZF, Ford, Denso, Groupe Renault, BMW, GM, IBM, Bosch, Accenture and Context Labs. The initiative is exploring blockchain and distributed ledger technology for application in a digital mobility ecosystem, using open source software and standards.

FF will initially work with MOBI on projects related to vehicle identity, history and data tracking; supply chain tracking, transparency and efficiency; autonomous machine and vehicle payments; secure mobility ecosystem commerce; data markets for autonomous and human driving; car sharing and ride hailing; and usage-based mobility pricing.

Shyman Sundar, FF’s head of product for vehicle software platform, will participate in key weekly workshops and general committee meetings. He said in a statement: “FF aims to bring to market a clean, intelligent, connected and shared mobility ecosystem, and being part of MOBI will help us to achieve that. Blockchain is a key emerging technology in the automotive and mobility space to make transportation safer, more affordable and more widely accessible. We look forward to collaborating with other renowned partners on furthering this technology.”

Faraday Future intends to start production of its FF 91 connected EV [pictured] at its new facility in Hanford, central California, by the end of this year.

- Farah Alkhalisi