No — shaving hair doesn't change its thickness, colour or rate of growth. Shaving facial or body hair gives the hair a blunt tip. The tip might feel coarse or "stubbly" for a time as it grows out. During this phase, the hair might be more noticeable and perhaps appear darker or thicker — but it's not.
Since the razor is not touching or changing your natural keratin cells (the roots), thus it would be impossible for shaving to have an effect on this.
Facial hair also known as vellus hair stop us from having smooth makeup or soft skin which then we have to shave.