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According to relevant media sources, Faraday's new CEO Bi Fukang said in an interview at FF Los Angeles headquarters that the first electric vehicle FF91 is scheduled to be delivered in September next year.

Bi Fukang said that its first FF91 model will sell for more than $200,000. As it is positioned as an ultra-high-end luxury car, the initial models will be built purely by hand and will face the benchmark Bentley in the future. In addition, because the model is positioned in the ultra-high-end market, his first deliveries will not be many.

In an interview with the media, Bi Fukang also said that since Jia Yueting stepped down as CEO, he has no longer participated in the company's financing activities, and he is fully responsible for financing related matters. Jia Yueting has focused his current work on the company's products and user experience, which is also in line with Jia Yueting's new position of "Chief Product and User Officer" at the company.

In an earlier interview, Bi Fukang said that his most important task after taking over Faraday's future was to raise funds. Because FF91 can be mass-produced to the extent that there are hundreds of millions of dollars in funding gap. Hope will strive to raise enough funds in 2019 to bring FF91 to market as soon as possible, and they plan to officially start production of FF91 at their Hanford, California plant in the next 12 months. It seems that the first production car is also a step away.

Although experienced change coach this wave of operation, but to complete financing may still take some time. It is reported that the ninth city will raise funds for Faraday's future to produce FF's new models in China. Abroad, FF is actively promoting FF's equity financing. According to Faraday Future, FF has been in contact with a number of investors, but so far there has been no news to disclose Faraday's future funding.

On the other hand, due to Jia Yueting's failure in LeTV and personal debt, more or less affected the judgment of investors, and even some employees who left the company bluntly said that Faraday must resign as chairman and CEO if he wants to obtain financing in the future.

On August 29 this year, Faraday Future also revealed that Mr. Jia Yueting has repaid more than 21 billion yuan of domestic debt in various ways over the past two years. In order to pay off debts as soon as possible, Jia Yueting also set up a separate debt repayment trust fund.

There is still a little distance between Faraday's new CEO Bi Fukang's announcement of mass production time, but whether it can be delivered on schedule will also be left to time to verify.

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