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Faraday said in the future that the mass production of FF 9 1 is progressing smoothly.

Faraday said in the future that the mass production of FF 9 1 is progressing smoothly.

Faraday said in the future that the mass production of FF 9 1 is progressing smoothly. By the end of 20021,FF is expected to lose about $2.9 billion. FF predicts that the company will continue to generate significant operating losses in the future. Faraday said in the future that the mass production of FF 9 1 is progressing smoothly.

Faraday said in the future that the mass production of FF 9 1 is progressing smoothly. On May 4th, Faraday Future (FF) announced that the FF 9 1 project is progressing as planned, and the test and verification work is going on as scheduled. FF 9 1 will be listed in the third quarter of 2022.

FF: FF 9 1 The project is progressing as planned, and the test and verification work is carried out as scheduled.

On February 24th this year, the first FF 9 1 "quasi-production car" was officially launched. At that time, FF said: In the next few months, more quasi-production vehicles will continue to be manufactured for final engineering verification and certification.

What is a "quasi-production car"? Friends who know the automobile industry have all heard of SOP (Start Production), which means that the quality meets the requirements of mass production and has already met the conditions for mass production.

"quasi-production car" may be understood as pre-sop, FF CEO Bi Fukang said: At present, pre-production and final engineering verification and licensing are still in progress. In other words, there is still some work to be done before the production car.

The first FF 9 1 "quasi-production car" officially went offline.

In the latest video, FF revealed that the testing and verification work of the factory is proceeding as scheduled. As for when to reach the standards and requirements of mass production? FF did not specify the specific date.

According to the previous plan, FF 9 1 will be delivered in July this year. Although FF said that it received an order of 654.38+0.4 million, it was audited not long ago. Only 300 of these orders have been paid, and other orders are free. How much will this FF 9 1 worth more than 2 million be delivered? It is still unknown.

However, in addition to mass production, FF has also had problems in the capital market recently. First, it was summoned by the SEC for disclosing false order information to investors, and then it received a notice that Nasdaq did not meet the criteria for continued listing.

FF share price

It is also because of all kinds of negative news that the share price of FF has plummeted since its listing. As of the close of May 3, local time, FF's share price has fallen to $2.44.

Faraday said in the future that the mass production of FF 9 1 is progressing smoothly. Two days ago, China Business News reporter learned from a recruitment platform that Sino-French Automobile (China) Co., Ltd. (hereinafter referred to as "FF China") released a large number of recruitment information, with 134 positions, covering engineering, design, intelligence, marketing, brand, sales and other fields. The main working places are Beijing and Shanghai.

FF China's recruitment this time is mostly mature employees, with an annual salary of more than 200,000 yuan. Among them, the senior software project manager is an urgently needed position, responsible for the research and development software project management of automobile machinery and auto parts products.

Faraday Future (hereinafter referred to as "FF") has previously said that it will recruit key positions for its China business to deliver products in the China market. On May 4th, FF said in its official channel that the first production car FF9 1 project was progressing as planned, and the test and verification work was carried out as scheduled. The company is on the right track and will launch FF9 1 in the third quarter of 2022.

According to the survey data, FF China was incorporated in March 20 17 with a registered capital of 330 million yuan, paid-in capital of 147.66 million yuan and the number of participants of14.

China-US dual home has always been the development strategy of FF, but the business progress of FF in China is not smooth.

At the beginning of 20021,it was reported that Zhuhai State-owned Assets Supervision and Administration Commission (SASAC) coordinated the investment of Zhuhai state-owned Gree Group and Fahua Group, with an investment amount of about 2 billion yuan. Prior to this, Franco-French Automobile (Zhuhai) Co., Ltd. was incorporated at the end of 2020. However, the investment was lost. At present, the paid-in capital of Sino-French Automobile (Zhuhai) Co., Ltd. is zero, and the number of participants is zero.

In March, 20021,FF announced that Chen Xuefeng, former executive vice president of Chery Jaguar Land Rover, had officially joined as CEO of FF China and global partner of FF, and was fully responsible for all related businesses of FF China, including related project landing, production strategy, localized product development and user ecological construction. FF said that Chen Xuefeng's joining is to promote the landing of FF's China-US dual home strategy.

In July, 2002 1 year, FF completed "backdoor listing" on NASDAQ, raising1billion USD. Then, FF began to speed up the search for the city where China headquarters is located. In addition to Zhuhai, Wuhan and Changzhi, Shanxi are also the targets of gossip, but there is no follow-up news. While the headquarters in China has not been decided, FF has also encountered setbacks in the United States.

Less than three months after listing, FF was shorted by JCapital Research, an American short-selling institution, which questioned the authenticity of the1.4000 orders mentioned by FF, and suspected that Jia Yueting, the founder of FF, had filled the funds raised by listing into his own debt black hole.

In February, 2022, FF submitted a special investigation result, denying the allegations of short selling, but admitting that only a few hundred of the previously claimed orders of 654.38+0.4 million had paid the deposit, misleading investors. Therefore, Wong Kar-wai, former vice president of global capital market of FF, left his post, while Jia Yueting no longer served as executive president of FF, but only served as chief product and user ecosystem officer of FF.

Because of this accusation, FF said that the company needed extra time to complete the investigation, so it could not disclose the financial report within the specified time. Since its listing, FF has not released a complete financial report, resulting in the delay in publishing the third quarterly report and annual report last year.

In June last year, 5438+065438+ 10, FF received a delisting warning letter from the US Securities and Exchange Commission due to the delay in publishing the third quarter financial report. The US Securities and Exchange Commission has set the final filing date of FF as May 6, 2022. If it is still not submitted, FF will have the risk of delisting. Since listing, the total market value of FF has evaporated by more than 80% in less than 10 month. As of the close of May 4, EST, the total market value of FF was only $827 million.

Although the specific financial report has not been announced, FF has released some data of last year. By the end of 20021,FF is expected to lose about $2.9 billion. FF predicts that the company will continue to generate significant operating losses in the future.

Faraday said in the future that the mass production of FF 9 1 is progressing smoothly. 3 Faraday Future (FF), which is at the forefront, has made new moves.

Recently, Faraday Future FF 9 1 production version appeared at the global conference of milken Institute in Beverly Hills, which once again attracted the attention of all parties.

Compared with the earliest concept car, some changes have taken place in the production car, such as dot matrix lights and electronic rearview mirrors surrounded by the front and side. The liftable radar on the front hatch cover is now placed on the top of the head and becomes a cockscomb, and two eyebrow lights are added to the side, but other changes are not significant.

From the interior, according to the official introduction, the car is equipped with multiple tablet computers, which can realize mobile office, audio-visual entertainment, game shopping and so on. In order to ensure the network speed, three SIM cards are supported to work together.

Equipped with anti-gravity seats, the rear row can be completely laid down for rest, with heating and massage functions. The roof is equipped with top-class black technology configuration-PDLC glass, which can actively adjust the transmittance, and the whole interior is extremely luxurious.

The FF 9 1 is equipped with a driving motor with horsepower as high as 1050 HP, and the peak torque exceeds 1800Nm, and the acceleration of 100 kilometers can be completed in 2.39 seconds. Equipped with a battery pack with a capacity of 130kWh, NEDC has a battery life of over 700km.

Jia Yueting aside, the FF 9 1 car itself has many bright spots, especially when it was first released.

However, after so many years, with the birth of more and more new electric vehicles, as some netizens described, FF 9 1 feels outdated today, and FF itself is deeply controversial because it has not been delivered in mass production.

Finally, do you still have confidence in Jia Yueting? Do you believe he can still stick to his dream of building a car?