Faraday Future to Deliver 13th FF91 2.0 on August 12th Despite Delay; Jia Yueting Updates

TapTechNews August 7th news, Jia Yueting, the founder, partner and chief product and user ecosystem officer of Faraday Future, announced that the 13th FF91 2.0 will be delivered on August 12th, which is later than the originally planned time, but the company has made progress in overcoming supply chain challenges.

Jia Yueting mentioned that he will drive the FF91 2.0 to participate in the Pebble Beach Concours d'Elegance next week, and will take netizens to enjoy the world's top luxury cars in a video and share FF's China-US auto industry bridge strategy on site.

He also mentioned that the feedback of the first FF shareholder community day was good, and it will continue to be held in the future. He also emphasized that the company's recent initiatives are all to clear the way for FF's upcoming financing. Jia Yueting had previously also said that if the funds for the required parts can be raised before completing the strategic financing, FF will try to deliver a new car every month.

On June 12th this year, Faraday Future announced the delivery of the FF91 car to individual investor He Juncheng. The official said that this marked the restart of the second stage of delivery (SOD2) that FF started last year.

Faraday Future's financial report shows that the company started to produce the FF91 Futurist in March 2023 and began to deliver to customers in August 2023. As of December 31, 2023, the company has sold 4 cars and leased 6 cars, and suffered a loss of 43.6 million US dollars (TapTechNews note: currently about 312 million yuan) in the first quarter of this year.

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Faraday Future suffered a loss of 43.6 million US dollars in the first quarter, saying it has re-met the Nasdaq financial reporting compliance requirements

Faraday Future officially announced the 12th owner of the FF91 car and delivered on June 12th