Faraday Future announced on December 16 that FF 91 Futurist is expected to start production at FF’s manufacturing plant “FF ieFactory California” at the end of March 2023 and roll off the assembly line in early April, and delivery to users is expected to begin in April 2023. Subject to timely receipt of additional financing and shareholder approval. The company is in discussions with potential new investors and existing FF investors to secure the additional capital needed to produce the FF 91 Futurist, approximately $150-170 million. The company has received a $30 million binding draft letter of intent from FF’s existing investors.
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Event Tracking
- 2022-12-16 Faraday Future: Production of FF91 Futurist is expected to start in March 2023
- 2022-12-14 Faraday Future Announces Management Changes
- 2022-12-13 It is reported that Jia Yueting will announce the FF91 delivery plan on December 16
- 2022-11-30 Jia Yueting: The delivery schedule for the first batch of FF91 will be announced as soon as possible, only one step away from delivery
- 2022-11-30 Faraday Future product executive director resigns
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