It was one of the consequences of Tesla’s meteoric rise in recent years: multiplication of brands of electric cars. But not from China, we didn’t talk about it then. In the United States, the enthusiasm was such that brands or brand promises proliferated. Of course, there was Rivian and Lucid who managed to get out and sell their first models. With fairly respectable advantages against Tesla elsewhere. But there were others, those who started from scratch and had to prove everything. Nikola, Lordstown Motors, Canoo, we are still waiting for the first creations of these manufacturers. Who sold us his innovative projects at that time. A few weeks ago we told you about the sad situation in which he found himself American manufacturer Faraday Future…

The period of doubt is finally over

The brand has multiplied fundraising, but no serial model has come off the assembly lines. In the words of Faraday himself, the brand doubted that it would be able to fulfill its obligations. 399 pre-orders had already been registered for FF91, but thirty were withdrawn. Nonetheless, the young producer managed to collect 350 million dollars. A comeback, although his accounts were in the red at the end of last year. The company had at the end of September over 30 million in cash, compared to 121 in the second quarter. Fundraising, which was therefore necessary, but which did not reassure potential customers. Well, today Faraday The future can breathe! The brand can start production of your FF91 model!

From dream to reality!

She owes her salvation to a successful new fundraiser at the beginning of the year. It was she who determined the production of a new American electric SUV! So, the first copy can get off the chains from March ! Until then, investors will meet on February 28 to decide on terms delivery of 400 models already ordered They should take place in April! Like Tesla or Lucid, Faraday chose the southwestern United States to locate its manufacturing. In this case, at Hanford in California. The stock market quickly reacted to the announcement. Faraday Stock Futures (very slightly) raised, from $0.70 to $1.20 in 24 hours. It remains to see the first production copy of the FF91 to reassure investors, but above all customers.