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The first model of FF has not yet been completed, and Bi Fukang said that it will launch two more low-end models.

2024-11-22 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)01/11 Report--

I believe you have heard about Faraday's future Faraday Future models for a long time. It has been 3 years since the founder Jia Yueting PPT built the car, but it is still in a state of "dystocia". However, according to the new Faraday future CEO Bi Fukang revealed that FF91 is expected to achieve mass production delivery in September this year, in addition, there will be two more new models.

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On the day of the recent CES 2020 event, Bi Fukang arrived at the scene with a FF91. At this exhibition, he can finally see the dream model described by Jia Yueting "thousands of times". From this point of view, the car body has a two-color design, and the interior, as shown in the preview picture, uses as many as 11 LCD screens, which looks really high-tech. A field engineer revealed that the mass production model is very close to the current unveiled model.

Bi Fukang said in an interview on the day of the exhibition that FF91 expects to achieve mass production and delivery in September this year. At the same time, Bi Fukang revealed that FF can not rely on only one model to achieve revenue, if there is only one model on sale, will not be able to support the company's future development, so FF will continue to launch at least two models.

These two models will be lower-end than the FF 91, and the body size will be further reduced. According to Bi Fukang, "the wheelbase of the FF81 (smaller than the FF91) and the price is much lower, while the wheelbase of the 71 is even smaller, and the two models will be more mainstream than the flagship FF91 priced at $120000 to $200000." It means that these two models will enter the market as low-end models.

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But now that FF has not even seen the first mass-produced model, it has already planned a later model, which may make netizens think that "there is no cost for empty talk, just like Jia Yueting at the beginning." Now it takes only one year for domestic Tesla to build a factory in China to deliver, but FF production has become a problem.

And all this is due to the lack of funds and can not be put into production. Earlier, when Jia Yueting was still FF CEO, he was chosen by Evergrande Group and planned to inject 2 billion US dollars, but later, for various reasons, Evergrande decided to stop cooperation, causing the two sides to go their separate ways. Since then, FF has been unable to break through the "capital" dilemma.

Until recently, the new CEO, Bi Fukang, said that the company expected to complete the next round of financing in the first quarter of this year, with a total planned financing of about $850 million. IPO opportunities will be sought 12 to 15 months after financing is completed and the funds are in place. As long as financing is in place, the next step of mass production can be carried out immediately.

However, in the face of financing plans, FF once again encountered new difficulties. Liu Hong, its former global general counsel, sued FF for fraud induced by false information, unlawful dismissal, misrepresentation that intentionally caused mental loss to litigants and caused negligence, and demanded compensation of US $106 million.

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Repeated difficulties have made mass production of FF models particularly difficult, and some netizens even asked: what year will it be before mass production? The name FF 91 has appeared in front of everyone for three years, and many car companies that entered later than FF have begun to deliver. In the face of the current downward trend in the global industry, even if they produce models, it is difficult to increase sales with the price of FF 91, so at present, there are still many unpredictability in the future of FF.

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