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Faraday Future: Ensuring FF91 delivery next July

Faraday Future: Ensuring FF91 delivery next July

On October 15, Faraday Future posted on Weibo that since its listing in July, FF has started construction of the Hanford plant and has completed the installation of a production line to support the production of quasi-production vehicles. With the progress made by The Hanford Manufacturing and Operations team, as well as the support of FF suppliers, the FF91 will be guaranteed to deliver on time in July 2022. Dr. Bi Fukang, Global CEO of FF, said, "We will continue to make innovative changes to our production processes and are very confident that we will deliver the futurist version of FF 91 with strong product strength on time and with high quality next year. "

Faraday Future: Ensuring FF91 delivery next July

According to relevant information, Faraday Future's quasi-mass production FF 91 is the first model launched by Faraday Future. Back in January 2017, las Vegas made its global debut. It is understood that the FF 91 is an electrically driven new energy vehicle, Faraday Future claims that its three-motor power system can provide 1050 horsepower, 0-60 mph acceleration time of 2.39 seconds. Jia Yueting once said that FF 91 is not only a high-performance EV, but also an all-round car, a super car robot, and a third Internet living space, and is currently the only product in the world that is higher than Tesla Model X/s plaid in terms of product and technology positioning. "I hope to be the top of the spire market and have the confidence to subvert Maybach, Ferrari and Bentley."

Faraday Future: Ensuring FF91 delivery next July

On July 22 of this year, FF Faraday Future listed on the NASDAQ in the United States through the Special Purpose Acquisition Company (SPAC), stock code FFIE. The issue price was $13.78/ADS, opening at $16.8/ADS, up 22% from the issue price, with a total market capitalization of $5.4 billion. FF 91 has also announced the start of booking since July 22, with a priority booking amount of 50,000 yuan. On July 26, according to Faraday Future's official website, the FF 91 "Futurist Alliance Edition" with a limited edition of 300 units worldwide has been sold out. Chen Xuefeng, CEO of FF China, has revealed that FF91 has received more than 400 orders in China, and the 300-unit invitation system limited edition FF91 Futurist Alliance Edition has been sold out. The FF 91 is benchmarked against the Maybach and Mercedes-Benz S-Class, and the sales target is to rank first in the spire segment. In terms of FF 91 sales, the Chinese market will contribute 70% of sales. Although the recent good news about the mass production of FF 91 has continued, on October 7, a report released by J Capital Research, a short-selling agency in the United States, said that the agency said that through on-site visits and research, it "does not think FF can sell a car." In response to the agency's claims, FF founder Jia Yueting responded: "Cold rice is hot and fried, nonsense", and said that the short-selling agency "is not the first time to be punched in the face".

Faraday Future: Ensuring FF91 delivery next July

Since the establishment of FF to the listing of FF, the question of whether FF 91 can be successfully mass-produced has attracted much attention. Previously, the biggest problem in the future of Rafardi was the problem of funds, and it has been successfully listed for financing, which can be described as a booster for FF. Some relevant people in the industry said, "FF91 positioning is high-end, the sales price is expensive, and the brand awareness is not enough." Therefore, if FF wants to go further, the first car should be a brand, and should not rely on the first car to make profits. After the first car goes off the production line, we should pay close attention to the development of a model of about 400,000 yuan to achieve the goal of making profits.

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