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Faraday Future to deliver FF91 by the end of 2018

Aurora From Gasgoo| January 09,2018

Faraday Future FF91, China auto news, Faraday Future financing

Shanghai (Gasgoo)- During CES 2018, the startup electric vehicle company Faraday Future (FF), organized a test ride for its FF91 in a hotel nearby the exhibition instead of joining it. Several media were invited to have a test drive.

Regarding the time FF91 to be put into market, an early employee of LeSEE who is presently responsible for FF's publicity in US said, “Due to the capital issue, we met some difficulties in the vehicle design and production. Now, we need around 10 months to prepare the plant that is forcasted to have annual production capacity of 10,000 units. Once the plant opens, we plan to deliver production vehicles in small batches at the end of 2018.”

According to the above mentioned employee, the hardest capital problem has been alleviated. 75% of suppliers have resumed providing goods and most of debts FF owed have been paid. There was information revealing that FF has raised a funding of $ 1 billion. However, as for the capital resources, this employee always remained silent and refused to make any comment.

Besides, this employee also expressed that FF91’s price will not compete with Tesla’s, but the product will target Bentley and Rolls-Royce.

A reporter receiving the invitation revealed that the tested vehicle has no interior. The interior details will be exposed in the first quarter this year according to the employee mentioned above.

Besides, the reporter showed that there were a few troubles happening during the test drive. Tires were burned and back door could not open in some accidental situations.

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