Faraday Future adds 5.75% in premarket trading.
On July 31st, Faraday Future has completed all compliance and system tests, including successfully passing the Federal Motor Vehicle Safety Standards (FMVSS) crash test requirements, which include front, side, and rear collision tests. In addition, FF’s first model, the FF91, will begin its second phase of delivery for the Futurist Alliance on August 1st Beijing time. Deliveries to the initial group of co-creation users will start in early August.
FF announced in mid-June that the delivery time for the second phase of FF 91 2.0 Futurist Alliance, “FOP Co-creation Delivery,” has been updated from the end of Q2 2023 to August 2023. It is reported that Faraday Future stated that the delay in final delivery time was due to “time constraints from a supplier” and the impact of completing additional system testing during vehicle “enhanced safety testing.
At the FF 91 & Faraday Future Future 2.0 Ultimate Launch Event held on May 31st, Faraday Future officially unveiled its flagship model, the FF91, and announced that the price of the FF 91 2.0 Futurist Alliance Edition is $309,000.
FF91 was first unveiled in 2017, with Faraday Future promising production in 2018. However, this plan was repeatedly delayed and only realized five years later. The specifications of the FF91 are also very powerful, with a 142 kWh battery providing a range of 381 miles (about 613.16 kilometers) according to EPA standards, and over 800 km of range according to CLTC standards. It has three motors with a maximum power output of 1050 horsepower, can accelerate from 0 to 96 km/h in rocket mode in just 2.27 seconds, has a top speed of 248 km/h, and supports charging up to 500A.
FF stands for, FF91 is a car that is “born for the future”, which will bring users an unprecedented driving and riding experience. The company also stated that it will continue to develop more models, including FF81 and FF71, to meet the needs of different markets and customers.
