On the morning of March 30, Beijing time, Faraday Future (Nasdaq: FFIE) announced today that it has started production (SOP) of the FF 91 Futurist Alliance at its FF ieFactory in Hanford, California, USA. It is reported that the FF 91 Futurist is the company’s first mass-produced model and flagship model, which is expected to be sold in the US and Chinese markets.
“I would like to thank every FF stakeholder, including our employees, investors who supported us, suppliers and all those who have walked with us through this long and bumpy road, so that we can stand here today, ” Chen Xuefeng, Global CEO of FF, said. “I can’t express how excited I am that years of hard work have finally culminated. We are fully focused on our single goal now, which is to bring the luxurious FF 91 Futurist Alliance to market.”
“The SOP of FF 91 Futurist Alliance marks the most solid step taken by FF as a disruptor of traditional ultra-luxury car civilization,” said Jia Yueting. Under governance and operation, the brand new FF has entered a new stage of development, and we believe that FF will quickly recover its due value.”
It is reported that the co-creation delivery of FF 91 Futurist Alliance after SOD is divided into three categories and stages: the first is industry expert FPO (Futurist Product Officer) co-creation delivery. The second is the FPO co-creation delivery, and the third stage is the comprehensive co-creation delivery after the production capacity is ramped up. This three-phase delivery plan can provide maximum flexibility for FF’s manufacturing operations and market demand, and also help alleviate the current situation that the factory’s production capacity is far from meeting the expected market demand.
At the SOP site, Jia Yueting revealed that at the upcoming final conference of FF 91 Futurist, in addition to explaining in detail the product technical features of FF 91 Futurist, FF will also release FF external partner plans and co-creation and sharing products, and further announce Post-SOD co-creation delivery plan. In addition, Jia Yueting also reminded all investors that FF will hold an annual general meeting on April 14, and hope that all futurists will vote before the meeting date.
“All our incomprehensible lunatic persistence and decisive efforts have finally brought us today’s SOP. It can be said that we have been suffocating our dreams for nine years, and finally ushered in the subversive moment.” Jia Yueting said that the brand-new FF has officially entered a new stage of development. Today, FF is still the only adventurer pioneering the smart ultra-luxury electric car market, and hopes to work with all partners to build FF into a “Ferrari + Maybach” in the era of smart electric cars.
The following is the full text of Jia Yueting’s speech:
Jia Yueting: Let us make FF into a Ferrari + Maybach in the era of smart trams
Hello to all the futurists around the world!
What we witness here today is not only the milestone of the start of production of the new species FF 91 Futurist Alliance, but also the most solid step taken by FF as a subversive of traditional ultra-luxury car civilization. SOP is the realization of the company’s commitment to users and shareholders. It shows that under the governance and operation of the new board of directors and new management, the brand-new FF has entered a new stage of development, and we believe that FF will quickly recover its due value.
I would like to thank all the futurists around the world. It is because of your deep insight and persistence in the long-term value of FF that our dreams are becoming reality.
As production begins, our goals for the next phase will be fully focused on three things:
First, complete the roll-off of the first batch of vehicles with high quality and invincible product strength as soon as possible, and realize the ramp-up of SOD and post-SOD production capacity as soon as possible.
Second, as the luxurious FF 91 Futurist of Jizhi Technology is delivered to the hands of the most futuristic ultra-luxury users, which we call “super top users”, we will make every effort to build a user acquisition and user operation centered The top user travel ecosystem.
In order to continue to practice the business philosophy and corporate vision of co-creation and sharing at the beginning of FF’s establishment, and provide a unique platform for top users to participate in the reform, we divide the co-creation and delivery of FF 91 Futurist Alliance after SOD into three categories and three stages : The first is the co-creation delivery of industry experts FPO, FPO stands for Futurist Product Officer. The second is the FPO co-creation delivery, and the third stage is the comprehensive co-creation delivery after the production capacity is ramped up. This three-phase delivery plan allows maximum flexibility for our manufacturing operations and market needs, and delivers the best products to our users. This also helps to alleviate the fact that the factory’s production capacity is far from meeting market demand.
Third, we will continue to complete the iterative upgrade of product technology to ensure the unique leading edge of product and technology.
All our incomprehensible lunatic persistence and decisive efforts have finally been exchanged for today’s SOP. It can be said that nine years of suffocating dreams, finally ushered in the subversive moment. So I would like to share with you again the uniqueness of FFIE, the new species FF 91 and FF Futurists:
FF is the pioneer of the ultra-intelligent technology luxury spire market in the era of smart electric cars, and also the subverter of the traditional ultra-luxury car civilization represented by Ferrari and Maybach.
FF 91 is not only the only luxury electric car model representing the next generation of disruptive technology, but also the only product specially designed to build a super-top user ecology.
Our goal in the first phase is to deliver the transformative FF 91 Futurist Alliance, FF 91 Futurist and FF 91 on time, with high-quality, invincible products to top users around the world, to realize the subversion of traditional ultra-luxury car brands, as soon as possible Achieve the goal of being the first in the global super tower user market.
The goal of the second stage is to launch follow-up models, achieve explosive growth in sales as soon as possible, rapid growth in travel ecological revenue and scale, and become the leader in the top market.
The goal of the third stage is to achieve sustained and rapid growth in smart terminal sales and explosive growth in ecosystem (including software, Internet APP, and sharing) revenue. FF’s ecological revenue accounts for an increasing proportion of total profits, becoming one of the leading companies in the mainstream high-value user market, and continuing to consolidate its leading position in the top market.
Dear FF Futurists, you are the most important group to our success. Whether you are our global user, investor, supplier, partner, or FF Dealer Par, FF User Par; whether you are an entrepreneur like us, or a stock investor who recognizes the long-term value of FF, or forever Product geeks and car geeks who pursue the ultimate experience, paranoid pursuit of dreams and lunatic persistence, adhering to futuristic beliefs and values of co-creation and sharing, very adventurous and fearless in the face of hardships and disasters, never give up, The spirit of never admitting defeat has tightly connected FF and you. Because of this, your unwavering belief in and support for FF, every share of FFIE you own, and every pre-order you have is a great encouragement to us and makes us more determined on the way forward , even if the current production capacity is far from meeting the market demand, with your support, we can go all out to increase production capacity, better create a co-creation and sharing top-level user travel ecosystem, and share the benefits created by us. value.
In the upcoming final conference, in addition to explaining the technical features and unique advantages of the product in detail, we will also announce the FF external partner plan and co-creation sharing products, and further announce the co-creation delivery plan after SOD. Also, I would like to take this opportunity to remind all investors that the company will hold its annual general meeting on April 14th. All futurists, please remember to vote before the meeting date. This is the last crucial milestone for the company to achieve full compliance with listing requirements.
The vision put forward by FF at the beginning of its establishment ignited the dreams of many people, and the industrial development blueprint we drew has been practiced by many people, and some of them have been realized. The competitive situation can be seen. However, today when the new FF officially enters a new stage of development, we are still the only adventurer who pioneered the top market of smart ultra-luxury electric vehicles. In the face of new opportunities and challenges, the partnership system including internal and external partners It is the cornerstone of our success, and we will adhere to the core concept of co-creation and sharing. We welcome all futurists to join our ecology.
All partners, let us make FF a “Ferrari + Maybach” in the era of smart electric cars.
Let’s reimagine the future of mobility from the top down.
Let us work together to build the goal of the top user travel ecology.
thank you all!
