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Last August, we told you about Chinese entrepreneur Jia Yueting, who had vowed to launch an electric car company that would rival Tesla Motors. In November, we told you that Yueting had made good on at least part of his promise by founding Faraday Future, which was planning a $1 billion manufacturing facility here in the U.S.

Now, Faraday has made an appearance at the 2016 Consumer Electronics Show. In the process we’ve learned the company has chosen Nevada as its home base, bringing up to 4,500 jobs to the state. And perhaps more importantly, we’ve gotten a glimpse of the kind of vehicle that Faraday Future thinks electric car fans will want: the FFZERO1 concept.

WHAT WE KNOW & WHAT WE DON’T

As with any concept, the FFZERO1 is long on some details and very, very short on others. Here’s what we know about the car, courtesy of an official press release:

It’s all-electric and powerful:

“Featuring four motors, one at each wheel, FFZERO1 is built for its use case: the track. If developed for limited production, it will have more than 1000 horsepower and will accelerate from zero to 60 in under three seconds, with a top speed in excess of 200 miles per hour.”

It’s built on Faraday’s flexible, customizable Variable Platform Architecture:

“The VPA will enable FF to minimize production costs, deliver exceptional quality and safety, dramatically increase its speed to market, and could easily support a range of vehicle types and sizes…. The skateboard-style chassis can be adjusted by changing the lengths of the rails and other relative structures to accommodate the number of battery strings per each configuration. There are structural benefits to the design as well, such as larger crumple zones that improve safety by centralizing and protecting the battery pack.”

It puts smartphones at the center of the driving experience (literally):

“Faraday Future has directly integrated the smartphone into the steering column, representing the intersection of technology and automotive engineering. Conceptually, this setup could enable the smartphone to serve as the interface between the vehicle and the driver in – and outside – of the car.”

It’s also attractive, with clean lines, carbon fiber, and outer-spacey vibes:

“Inspired by NASA research, the single-seat configuration offers a comfortable, weightless body position, holding the driver at a perfect 45-degree angle, thereby helping to promote circulation…. FF’s soon-to-be signature ‘UFO line’ runs around the center of the vehicle and is intended to give the sense that this vehicle is not completely of this world.”

Yes, it’s a one-seater.

Also, it may be autonomous.

ALSO SEE: GM & Lyft Announce $500 Million Partnership To Build Autonomous Car Network & More

Now, here’s what we don’t know:

  • When a production version of the FFZERO1 (or its successor) will debut;
  • How much it’ll cost;
  • What it’ll actually look like (though you can bet it’ll have side-view mirrors).

SHOULD TESLA BE WORRIED?

Over the past several years, we’ve seen a number of electric-car start-ups, from Coda to V-Vehicle to Detroit Electric. None have managed to make much of an impression — Coda’s design was among the worst we’ve seen, and V-Vehicle was always a few bong rips away from breaking ground. Detroit Electric is still kicking, but it’s been fairly quiet, and its one model is…well, let’s just say the silhouette is visually challenging.

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