Faraday, the electric car company founded by Chinese entrepreneur Jia Yueting in Los Angeles, has begun accepting customer orders and plans to start selling its first FF91 luxury electric car at some time in the first half of next year.
Faraday will officially begin production of the FF91 at a factory leased in Harford, California later this month.
According to the company, the electric car can accelerate to 60 miles per hour in three seconds and travel more than 300 miles on a single charge.
With the FF91 near mass production, the company’s Hanford plant recently recruited a large number of talent, including engineers from other automakers such as Tesla, Honda, GM and Ford.
Faraday will also produce FF91 in Guangzhou in the future.
The electric car startup was still on the verge of bankruptcy earlier this year due to a serious lack of funds. In June this year, Evergrande Health, a health care subsidiary of China Evergrande Group, the second largest real estate developer in China, acquired a 45% stake in Faraday for HK$6.7 billion.
Evergrande Health said it will help Faraday build five assembly plants in China in the future, which will generate a total annual production capacity of 5 million in the next decade.
Post time: Sep-26-2018