Should all go to plan, Faraday Future expects to have the FF91 in production before 2022 is out.
In a regulatory filing issued on Monday, the electric-vehicle startup said it is in talks to raise cash to fund “production activities” through the end of 2022 and beyond.
In the same filing, the company said it will also need to raise cash to fund “operations” through the end of 2022, as well as “commercially launch” the FF91.Despite the headwinds, Faraday Future expects to start production and deliver the first FF91 crossovers in the U.S. in the third or fourth quarter of 2022. Production is scheduled to take place at Faraday Future's own plant in Hanford, California.
The vehicle's targeted starting price is $120,000, though only a special Futurist model will be available at launch. It has a targeted starting price of $180,000. In May we learned the company only hadand FF71 crossovers are planned and are targeted to start at $74,000 and $45,000, respectively. Faraday Future is also planning a delivery vehicle.
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