After a series of postponements, Faraday Future has finally initiated production of its inaugural vehicle, the FF 91 Futurist electric car, at its Hanford, California factory. The company’s earnings report for 2022, released earlier this month, indicated that it was on schedule to commence vehicle production. Since its founding in 2014, Faraday Future has experienced numerous setbacks, resulting in multiple delays for the FF 91’s production and delivery dates.
In February 2022, Faraday Future unveiled the FF 91 Futurist with plans to start manufacturing during the third quarter of the year. However, the company required additional funds for its commercial launch, leading to further delays. Over the years, the automaker faced a series of financial challenges, including nearly running out of money in 2017 before Season Smart, later acquired by Chinese company Evergrande Health, stepped in to provide $2 billion in funding.
Faraday Future rapidly depleted the initial $800 million investment from Season Smart, leading to conflict with the investor. During the dispute, the company furloughed and eventually laid off hundreds of employees. Furthermore, it was forced to abandon plans for a $1 billion Las Vegas production facility and sell the site for $40 million.
Boasting 1,050 horsepower, the FF 91 Futurist offers a 381-mile EPA-certified range and can accelerate from 0 to 60 mph in just 2.27 seconds. The vehicle will be available for purchase in both the United States and China. US deliveries are set to begin in Los Angeles, followed by San Francisco and New York. According to Reuters, US deliveries are slated to start in April 2023.
Although Faraday Future did not confirm a specific delivery commencement date, it announced a final launch event for the FF 91 Futurist on April 26th.