On February 24, Faraday Future held a press conference at the Hanford plant to announce the completion of FF's first quasi-production car, which will begin mass production in the third quarter of 2022. According to the previous message conveyed by FF, "the FF 91 will be mass-produced and delivered with high quality in July 2022" as scheduled.
The FF 91 production version is unveiled; image source: live screenshot
It is understood that FF will continue to produce and manufacture quasi-production vehicles for final engineering verification and certification in the coming months. These quasi-production vehicles will be equipped with the same parts as the production vehicles.
FF Global CEO Bi Fukang said that it will produce its second electric vehicle, FF 81, in South Korea in 2024, and the company is expected to achieve profitability in 2025; Bi Fukang said that FF's asset-light model also helps to achieve this.
FF Global CEO Bi Fukang; Image source: Screenshot of live broadcast
At the press conference, Jia Yueting attended and test-drove the quasi-production version of FF91, and said that the 100-kilometer acceleration of its first quasi-production car, FF 91, will far exceed the Maybach and be faster than most Ferrari models.
Jia Yueting; Image source: Live screenshot
In October 2021, FF set seven important manufacturing milestones for mass production of the FF 91. So far, FF has completed four of its seven manufacturing milestones. These include the first milestone in the completion of the installation of equipment to support the production of quasi-production vehicles, the second milestone in obtaining the Plant's Final Production Qualification ("COO"), and the third milestone in initiating the infrastructure of the remaining production areas, including the body shop, paint shop, warehouse and final assembly shop.
Now, the completion of the first quasi-production vehicle of the FF 91 marks the completion of the fourth production milestone - the mass production of quasi-production vehicles for final engineering verification and certification. Next, FF will complete the remaining 3 manufacturing milestones as planned. This includes the start of operation of all mechanical, electrical and piping systems (MEPs) to support the fifth milestone of final equipment installation, the sixth milestone of completing all infrastructure construction and equipment installation in the main vehicle manufacturing area, and the seventh final milestone of "SOP" planned to start production in the third quarter of 2022.