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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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Faraday Future, founded in 2016, has completed another pre-production car. Recently, FF officially announced,"I am glad that another of our pre-production vehicles has been completed. It will join our test fleet for road testing and continue to push forward the FF 91 production plan." This company is Jia Yueting's car-building project in the United States, and he is a very easy to stir people's nerves.
First of all, this is a "pre-production car", not a production car on the production line. Therefore, it can be seen that this pre-production car is almost entirely handmade, and the factory building is also like a small workshop. It is understood that the plant is the place where FF assembly prototype vehicles are assembled, and there is no factory production line.
Due to funding problems, FF 91 has not been able to be launched in mass production so far. As the founder and actual controller, Jia Yueting sought financing for many times and held hands with Evergrande Group, but finally there were differences between the two sides. In 2020, FF frequently moves. Jia Yueting announced that the personal bankruptcy reorganization procedure was completed, the reorganization plan came into effect, and the creditor trust was formally established and started to operate, which can smoothly promote FF equity financing and IPO projects.
FF also recently announced that it has obtained up to $45 million (nearly 300 million yuan) in debt financing loans from two major financial institutions in the United States. This is an expansion and extension of its debt financing loan reached in 2019. FF said that the completion of the financing meant that FF had obtained sufficient working capital before the official IPO and basically survived the short-term cash flow crisis.
According to FF's mass production launch plan, FF 91 will start mass production about nine months after successfully completing a new round of financing.
Jia Yueting spoke again in April. On November 13, Jia Yueting said on his personal micro blog that product and technological innovation is the core value and driving force of the next generation of automobile industry transformation, FF will continue to concentrate resources and focus on investment, and continue to play a leading role for the industry. Before Jia Yueting voiced his voice, he announced personal bankruptcy reorganization.
FF has since announced a joint development agreement with Philips Intellectual Property and Standards to collaborate and use automotive features developed based on Philips 'select technology portfolio on FF vehicles. FF said it has 880 patents since it began filing patents for core technologies in 2014, 530 of which relate to vehicle components, technologies and manufacturing processes. In addition to the core technology of electric vehicles, many of FF's patents are related to the Internet, autonomous driving and intelligence.
Of course, when FF really comes into mass production is what people care about.
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