Faraday Future, the troubled electric car start-up, is finally showing signs of progress. The California-based carmaker conducted their first Global Supplier Summit at its headquarter in Gardena, California. The two-day event was crucial for the carmaker for the realisation of their first electric flagship product the FF91. At the summit, FF also previewed their second electric SUV which will sit below the FF91.
Although seen only in the design sketch, the second product is expected to be smaller than the FF91 and be a volume seller for Faraday. The styling in the rudimentary sketch showcases a more angular design contrary to its larger sibling. Although the proportions are similar to the futuristic FF91, the new product is expected to be equally spacious given the unconventional powertrain.
The beleaguered Faraday Future acquired a huge investment of $1.5 billion from a Hong Kong-based patron. This new benefactor helped FF get back on track for their new leased facility as the construction of the ambitious Nevada plant was put on hold. Now we could expect the FF91 to roll out to the production line sooner than before.
Dag Reckhorn, senior vice president of marketing, addressing the 200 representatives from more than 100 global suppliers at the summit, said, “Our Hanford factory project is developing according to our planned schedule. We are well into the process of design and permitting and have begun planning our recruitment cadence. We will move forward on construction and equipment by the end of the quarter. We remain on an aggressive, yet workable timeline of year-end delivery for FF 91.”
The FF91 broke cover at the 2017 CES last January. It is powered by a 130kWh battery pack with a range of 700 kilometres. The electric SUV also comes loaded with autonomous driving credentials. The new product is expected to get a smaller pack with a reduced range in order to fit in the comparatively smaller package. More details are expected to be revealed soon.