Faraday Future Intelligent Electric Inc., a global shared smart electric mobility ecosystem company headquartered in California, USA, announced today that it will start production at FF ieFactory California in Hanford, California on March 30, 2023 after investor funds are in place as scheduled (“SOP”) flagship electric vehicle product FF 91 Futurist.

According to the scheduled plan, after the investor funds are in place as scheduled, the first batch of vehicles manufactured by FF ieFactory California will roll off the production line in early April and be delivered to the first batch of users before the end of April.

“This SOP will undoubtedly be the most important historic moment since the establishment of FF. Here, we would like to express our most sincere gratitude and respect to all those who support us, and thank you for your unwavering support,” said Chen Xuefeng, FF Global CEO “Now, once the company’s investor funds are in place as scheduled, the company has all the funds needed to start production of the FF 91 Futurist, and at the same time, all production equipment is also in place. FF is working with a number of world-class equipment suppliers to support FF started delivering vehicles in April this year.”

At the same time, Faraday Future plans to hold the “2023 Faraday Future Global Supplier Summit” in the last week of April, inviting FF’s global partners to witness the historic milestone of FF 91 Futurist production and delivery, and share the company’s common Joy of goals and success. We will announce new shared business plans at this supplier summit, including “FF Industrial Chain Strategic Alliance” (FF Industrial Chain Strategic Alliance) and “FF Supplier Par” (FF Supplier Partner), through industrial chain capital cooperation and sharing Results and benefits of FF smart e-mobility.

With the introduction and implementation of the “FF Supplier Par” (FF Supplier Partner) program, FF will unite more closely with global supplier partners to jointly create a leading position in “performance + luxury” in the era of smart electric mobility. Additionally, the program will create capital value and share the company’s mutual success with supplier partners.

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