On February 11, Faraday Future (FF) announced today that it has officially signed a package agreement with its strategic partner Hebei Huanzhou Auto Sales Co., Ltd. The core of this signing revolves aroundMass production engineering services for FX Super One pure electric modelThe launch aims to accelerate the compliance certification and large-scale delivery process of this model in the US market and ensure that this year's SOD (start of delivery) target is achieved on schedule.
It is reported that both parties signed a total of7 key agreement documents, covering vehicle mass production parts procurement, engineering services and intellectual property rights subject authorization, etc. The agreement systematically defines core terms such as the scope of engineering services, ownership of intellectual property rights and after-sales system. It is worth noting that based on the progress of the FX Super One project, the scope of strategic cooperation between the two parties has been further expanded.Reached an intention to cooperate on the development projects of three models including FX 4, and plans to conduct further negotiations on details such as subsequent development plans, project schedules and pricing.
FF founder and Co-CEO Jia Yueting said that this signing is an important milestone in FX Super One’s move towards full mass production. In order to improve the efficiency of resource allocation, FF has currently established a rolling development strategy of "mass producing one, launching one, and pre-researching one". Under this strategy, Hebei Huanzhou will continue to provide technical support for the FX series models and assist FF in integrating China's new energy vehicle supply chain with the U.S. local AI R&D and compliance system to promote the large-scale implementation of its EAI global industrial bridge strategy.
Public information shows that Hebei Huanzhou Automobile Sales Co., Ltd. was established on January 15 this year with a registered capital of 100 million yuan, the legal representative is Wulin, and it is controlled by Tianjin Ruixin Enterprise Management Consulting Co., Ltd. Although the company is registered in Baoding, its current shareholding structure shows that it has nothing to do with Great Wall Motors, which is also located in Baoding.
The company's business scope includes: automobile sales (including new energy vehicles), automobile parts and accessories manufacturing, research and development, wholesale and retail, automobile decorative supplies sales, motor vehicle repair and maintenance, mass production engineering services, compliance certification services, supply chain management services, technical services, technology development, technical consulting, technical exchanges, etc.