Faraday Future Could Start Building Customer Cars This Year | Carscoops carscoops
, as long as it can raise the required funds to complete construction of its factory in Hanford, California.at Monterey Car Week where a pre-production prototype of the FF 91 was shown to attendees, Faraday Future confirmed that it had recently received $52 million from unnamed investors and that it has a further $600 million lined up should certain production targets be met.
“Hanford obviously is the big priority right now,” a company spokesman said. “It’s building out that factory, getting it completed this year and starting the production of our production units for our customers. That’s really the big priority this company has right now, and obviously we need to raise additional capital to get there.”adds that it was able to accelerate the development and build-out of its factory after it went public last summer on the Nasdaq.
While the electric car start-up appears optimistic about the coming months, it was forced to reveal in late May that it had, all of which were fully refundable and non-binding. While it hasn’t publicized up-to-date figures since then, it did acknowledge that its recent claim of having 14,000 reservations was not true and that it had instead simply received 14,000 unpaid “indications of interest.”
The company has yet to confirm full pricing details for the FF 91 in the U.S. but we know it rides on the Variable Platform Architecture and is slated to feature a 130 kWh battery pack that provides 378 miles of range on a charge. We also know that the electric crossover features a tri-motor all-wheel drive system with a combined 1,050 hp.
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