Jia Yueting finally built the first car. Faraday Future held a small ceremony at the Hanford factory in central California today to officially announce the launch of the first pre-production vehicle of the luxury electric vehicle FF 91. At this time, a full 19 months have passed since the release of the FF 91 on the CES in 2017, and it has been four years since Jia Yueting's secret creation. At the off-line event of the FF 91 pre-production car, Faraday's future founder and CEO, Leikehuoen, senior vice president of manufacturing, Dag Reckhorn, and some core team members have appeared. The off-line of the pre-production car indicates that the FF 91 has taken a key step toward mass production. According to Faraday's future, the Hanford factory will hold another event next month, or it will signal that it will be put into production. However, formal delivery will begin in 2019. Jia Yueting's personal milestone For Jia Yueting, the FF pre-production vehicle is also a milestone. In 2014, he spent a long time abroad, causing a lot of speculation and controversy. During his stay in the United States, Jia Yueting secretly invested in the establishment of Faraday's future, and after returning home, he launched the Leishi Supercar Project. With the investment, Faraday's future has attracted a large number of former Tesla and automotive industry core technicians and middle and senior executives, and attracted extensive attention from the US media. In January 2017, Faraday officially released the first production vehicle FF 91 at the CES conference in Las Vegas. Jia Yueting appeared as an investor at the press conference. The electric car had amazing parameters at the time and even surpassed Tesla's flagship model at the time: a peak power of 783 kilowatts, a motor of 1050 horsepower, a range of more than 700 kilometers, and a speed of 2.39 seconds for 0-60 miles(96 kilometers).
Jia Yueting is at the scene.
In last year's Paikefeng, FF 91 was ranked 40th, but it was the best ever for electric cars to participate in this competition. Bitesila's previous best score was increased by 23 seconds. Prove your skills in the electric car industry. After the conference, Faraday announced in January of last year that the first batch of FF 91 was limited to 300 vehicles, and the number of official website appointments exceeded 64,000 vehicles. However, because the reservation does not require a deposit, this reservation figure is not practical. Faraday then fell into a financial crisis with Jia Yueting in the future. The construction of the factory was far away, and mass production delivery was also hopeless. Boss Xu is the white knight with the end of 2016 as the financial crisis began to surface, Jia Yueting has been unable to continue the future of Faraday blood transfusion. The electric car startup is also in a crisis of survival. Not only did the Nevada plant project stop completely, but it was even sued for arrears. Faraday has been trying to find financing for the future since last March. Last October, Jia Yueting even abandoned the serious debt crisis of domestic music, and rushed to the United States alone to focus on Faraday's future financing issues, which also triggered a "running away" question. At the end of last year, Faraday, who was on the verge of bankruptcy, won an investment from a company in Hong Kong. As a result, the latter gained a 45 % stake in Faraday's future and became the largest shareholder. Although Jia Yueting retired to become the second largest shareholder, he retained the position of future CEO of Faraday. Although the behind-the-scenes financier of this life-saving investment was initially shrouded in mystery, Xujiayin's Evergrande Group was later proved to be the real "white knight" who invested in Faraday's future, and Faraday's future became "Xu Boss"'s company. After the entry of Evergrande, FF 91 can truly advance the mass production plan that has been shelved for more than a year. Evergrande once announced that FF 91 will achieve mass production in the first quarter of next year. In August, Faraday rented a long-abandoned tire factory in Hanford, California, and plans to convert the ready-made plant to produce FF 91 to replace the North Las Vegas Desert Factory Project in Nevada. According to Faraday's future planning at the time, FF 91 will be delivered by the end of 2018. The Nevada desert plant project was abandoned after land leveled at the end of 2016 because of a broken money chain. At the time, Faraday's future CFO and CTO and two Germans presided over the opening ceremony of the factory last year. Jia Yueting himself did not show up. In less than two months, however, the two former BMW executives, who had only been in office for six months, both left and took some of Faraday's prospective employees with them to start a new company. Mr Jia's Faraday will sue the two for not only failing to raise capital, but also trying to split the company. After Evergrande's investment arrived, the Hanford factory, which had been in a no-rice state before, was really ready to go into production. In February, Faraday completed the factory design and emptying work in the future, and in March began plant renovation and equipment installation. In June, Faraday obtained a permit from the local government to start construction in the future and selected contractors to carry out factory construction. However, Hanford's central Valley area is California's main agricultural production base, where the construction of electric vehicle factories will also face a shortage of skilled workers. According to Faraday's future plan, the Hanford factory will create more than 1,000 jobs. In order to obtain sufficient skilled workers, Faraday Future is training and collaborating with community colleges in the cities of Tulare, Kings and Fresno in the Central Valley of California. The first recruitment work was conducted through the Hanford Training Resource Center and the local College of the Sequoos.