It costs money to build cars. Faraday Future knows this because they have already burned a considerable amount of money trying to launch the FF 91 electric car. And more is needed – $200 million to be exact. Otherwise there will be no car. But it might not do much either. In May, it turned out that only 401 pre-orders came in for the car, so the interest still seems very cool. The company is hemorrhaging money and if it doesn’t come in more soon, there is probably only one way out – the konken. What the FF 91 will cost, if it ever goes into production, has not yet been revealed but sources say the price will start at over $200,000. Ouch.
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Faraday Future presents the production-ready FF 91
Maybe start production this fall
Faraday Future has now presented the production-ready version of the FF 91 model that it intends to go into production. It all took place at the factory in California and they made sure that both sound and picture were as bad as possible for this big event. But we get to see a bit of the interior, when the car rolls under its own power and when some managers talk a bit about future plans. As we can see, the design hasn’t changed a bit from what we first got to see in 2017. Now, in the coming months, the company will build more cars to be tested and evaluated before the real production can start, something it is hoped will happen in the third of the year quarter.
36.8°
Faraday Future has a new model in the works
South Korean Myoung Shin will build it
At the beginning of 2017, Faraday Future presented the model FF 91. A large SUV-like luxury electric creation that has never reached a customer. It has been swirling around the company for a long time now, but they still haven’t given up. Now we find out that a new model called FF 81 is in the works. It is of course also an electric car, but this should instead be intended for a wider mass = lower price. Now it is clear that the South Korean car parts manufacturer Myoung Shin will build the car and the goal is for production to start next year. The company should actually have started manufacturing the Byton M-Byte electric car in 2019, but it never happened, and now they have thus received a new assignment. Regarding the FF 81, we don’t know more than that it will resemble the FF 91 and that it will probably also be a kind of crossover model.
36.1°
Faraday Future lied about how many people had reserved
It was a bit clumsy
Faraday Future is back on the news and this time it’s because they’ve been talking shit. More precisely, it is about the fact that they inflated the numbers about how many people had reserved a copy of the FF 91 electric car. Investors and the public were told that they had received over 14,000 reservations, but in fact only a few hundred of these were were actually paid and completed. It all comes from a large investigation into the company that has been carried out after it started to gossip a bit in October and Faraday Future was accused of being “the new EV scam in town”. But they haven’t thrown in the towel quite yet and will now have to restructure considerably to be able to continue forward. However, whether there will ever be a car from the company on the road remains to be seen.
26.2°
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