The company revealed last week that it has built its first "production intent" FF 91. But Faraday Future is still kicking, apparently. Five years later, the FF 91 has yet to hit public roads, sidelined while Faraday Future has battled financial issues. The company is aiming to raise around $325 million in capital in order to continue operations through the end of the year.ĭoes the name Faraday Future ring a bell? In 2017, the Los Angeles-based electric startup revealed the FF 91 crossover at the Consumer Electronics Show and claimed production would begin in 2018. UPDATE 7/26/22: Faraday Future has yet again delayed production of the FF 91, revealing in a regulatory filing that it will need more cash in order to launch the car in 2022 as intended. Faraday Future has had a tumultuous history, including its founder stepping down and declaring personal bankruptcy in 2019.The company says production of the car will start in the third quarter of this year, but it's worth noting that the company has missed claimed production dates more than once in the past five years.Faraday Future, a California-based electric-vehicle startup, has showed a prototype version of its FF 91, which was built at its plant in Hanford, California.
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