Today, Faraday Future global CEO Matthias Aydt said in an open letter,FF's self-operated factory in Hanford, California is expected to have an annual production capacity of 10,000 units in the future.The investment amount exceeds US$200 million. The open letter also stated that in the past year, FF has made great progress despite limited funds and facing severe headwinds in the global economy, including the changing landscape of the electric vehicle industry.
In 2023, FF will begin to enter the revenue delivery stage.A closed business loop of user acquisition, delivery, and user operation has been formed. The company's operating fundamentals have changed, and the new management team is capable and hardworking. We believe that this is a good time for the company's next stage of development.
According to the open letter, FF’s current opportunities and achievements include:
FF is one of only five new electric vehicle companies in the world that has passed US compliance certification. The other four are Tesla, Lucid, Rivian and Fisker.
FF has invested US$3 billion to date to build industry-leading electric vehicle platforms, I.A.I technology, product development and manufacturing capabilities. The company's disclosed third quarter report of 2023 shows that the company's net assets are US$261.8 million.
FF has applied for or obtained more than 660 patents for electric vehicles and I.A.I. technology competitiveness.
FF's self-operated factory in Hanford, California is expected to have an annual production capacity of 10,000 units in the future.The investment amount exceeds US$200 million.
FF’s dual home stadium cultural foundation provides competitive advantages in the two major tram markets of China and the United States.It is expected to enter the Middle East market in 2024.
It has signed contracts with high-profile car owners, co-founders and companies such as ChrisBrown and Motev, demonstrating the company's brand power.
The online direct sales model combines offline experience centers and FF partner stores. The latter plans to be established in target markets such as China, the United States, Europe, and the Middle East to provide customized on-site experiences.
Beginning in the third quarter of 2023, the company's flagship product FF912.0 Futurist Alliance will enter the second phase of the three-phase delivery plan.