The Mechanical And Electrical Equipment Of Faraday's Future Factory Will Be Put Into Operation, And Ff91 Will Be Mass Produced In The Third Quarter As Planned

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On May 13, Beijing time, Faraday future intelligent electric Inc (FF) announced that all mechanical, electrical equipment and piping systems in its Hanford plant have been put into operation to support the final equipment installation. This marks the achievement of the fifth manufacturing milestone of FF Hanford plant in California**

Dr. Bi Fukang, Global CEO of Faraday future (FF), said that FF has made steady progress in production and manufacturing, and will start mass production and release FF 91 electric vehicles in the third quarter of 2022 as planned**

It is understood that Faraday future (FF) is a global internet intelligent travel ecological enterprise, which aims to provide global users with new energy, intelligence, interconnection and shared products and services. It is headquartered in California, USA, with the stock code of "ffie". At present, Faraday future (FF) is building an advanced factory with highly skilled technology and leading automatic production process.

*Since its launch in July last year, FF has reached five * of the seven manufacturing milestones, including the infrastructure construction of the factory and the construction of quasi mass production vehicles for final engineering test, verification and certification. At present, FF has completed the start-up and operation of all mechanical, electrical equipment and piping systems in the plant to support the final equipment installation. The next two manufacturing milestones include:

The sixth milestone: complete all facilities construction and equipment installation in the main vehicle manufacturing area

Final milestone: production is planned to start in the third quarter of 2022 to achieve "SOP"

According to phoenix.com technology previously reported, Faraday future (FF) secretly criticized Jia Yueting in a recently completed internal investigation, saying that its moral problems led to the inaccurate company's "inaccurate and incomplete disclosure of certain relationships, arrangements and transactions". So far, Jia Yueting has not responded to this matter.

On May 7, Faraday future (FF) announced its financial results for the third quarter ended September 30, 2021. The financial results showed that its net loss in the third quarter was US $304 million, compared with us $33 million in the same period last year.

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