FF US factory starts production FF 91 Jia Yueting said that after nine years of madness, new species will finally emerge

On March 30, Beijing time, Faraday Future (NASDAQ stock code: FFIE), a California-based global shared intelligent electric travel ecosystem company, announced today that it will begin production (SOP) of the new smart technology luxury vehicle FF 91 Futurist Alliance at its FF ie Factory factory in Hanford, California, USA. The FF 91 Futurist is the company's first mass production and flagship model, and is expected to be sold in the United States and China markets.

SOP marks a key manufacturing milestone for FF 91 Futurist. This is the ultimate result of the efforts, dedication, and determination of hundreds of FF employees to achieve this extraordinary goal since the company was founded. At the same time, it has also fulfilled the vision of Mr. Jia Yueting, founder, chief product and user ecology officer (CPU O) of FF, namely to create a vehicle that redefines transportation, travel, and connectivity, creating a true "third internet living space" for users beyond their home environment and smartphones.

"I would like to thank every FF stakeholder, including our employees, investors, suppliers, and all partners who have walked this long and bumpy road with us, for allowing us to stand here today," said Chen Xuefeng, global CEO of FF. "I cannot express my excitement, as years of hard work have finally crystallized. We will fully focus on the only goal at present, which is to bring the luxury FF 91 Futurist Alliance of Jizhi Technology to the market."

"The SOP of the FF 91 Futurist Alliance marks the most solid step that FF has taken as a subverter of the traditional ultra luxury automotive civilization," Mr. Jia Yueting said. "The company has fulfilled its commitments to users and shareholders, indicating that under the governance and operation of the new board of directors and new management, All-New FF has entered a new stage of development, and we believe that FF will quickly restore its due value."

According to Jia Yueting, the goal of FF in the next stage will focus on the following three things. The first thing is to complete the offline production of the first batch of vehicles with high quality and unmatched product power as soon as possible, and to achieve the ramp up of production capacity after SOD and SOD as soon as possible. The second thing is to strive to build a towering user travel ecosystem with user acquisition and user operation as the core. The third thing is to continue to continuously complete the iterative upgrading of product technology, ensuring the unique leading advantage of product strength and technology.

It is reported that the collaborative delivery of FF 91 Futurist Alliance after SOD is divided into three categories and stages: The first is the collaborative delivery of industry experts FPO (Future Product Officer). The second stage is FPO co creation delivery, and the third stage is comprehensive co creation delivery after achieving a ramp up in production capacity. This three stage delivery plan can provide maximum flexibility for FF's manufacturing operations and market needs, and provide users with the best products. This also helps alleviate the current situation where factory capacity is far from meeting expected market demand.

At the SOP site, Jia Yueting revealed that at the upcoming ultimate launch of FF 91 Futurist, in addition to elaborating the technical features and unique advantages of FF 91 Futurist's products, FF will also release FF's external partner plan and co creation shared products, and further announce the co creation delivery plan after SOD. In addition, Jia Yueting also reminded all investors that FF will hold its annual shareholders' meeting on April 14th, hoping that all futurists will vote before the meeting date.

"All of our incomprehensible crazy persistence and resolute efforts have finally earned us today's SOP. It can be described as nine years of suffocation and finally ushering in a subversive moment." Jia Yueting said that today, as the brand new FF officially enters a new stage of development, FF is still the only adventurer in pioneering the smart ultra luxury electric vehicle market, I hope to work with all partners to build FF into a "Ferrari+Maybach" in the era of smart trams.

Attachment: Jia Yueting's speech at the FF SOP site:

Jia Yueting: Let's build FF into a Ferrari+Maybach in the era of smart trams

Hello, all futurists around the world!

What we are witnessing here today is not only the milestone of the production of the new species FF 91 Futurist Alliance, but also the most solid step taken by FF as a subverter of the traditional ultra luxury automotive civilization. SOP is the realization of the company's commitment to users and shareholders, indicating that the company has entered a new stage of development under the governance and operation of the new board of directors and new management. We believe that FF will quickly restore its due value.

I would like to express my special gratitude to all futurists around the world. It is with your profound insight and perseverance in the long-term value of FF that our dreams are becoming reality.

As production begins, our goal for the next stage will be to focus fully on the following three things:

First, complete the offline production of the first batch of vehicles with high quality and unmatched product power as soon as possible, and achieve the ramp up of production capacity after SOD and SOD as soon as possible.

Secondly, as the luxury FF 91 Futurist of Jizhi Technology is delivered to the most futuristic ultra luxury users, which we call "super top users", we will strive to build a top user travel ecosystem with user acquisition and user operation as the core.

In order to continue to implement the business philosophy and corporate vision of co creation and sharing at the beginning of FF's founding, and provide a unique platform for top users to participate in change, we have divided the co creation and delivery of FF 91 Futurist Alliance after SOD into three categories and three stages: the first is the co creation and delivery of industry experts FPO, which represents the Futurist Product Officer. The second stage is FPO co creation delivery, and the third stage is comprehensive co creation delivery after achieving a ramp up in production capacity. This three stage delivery plan can provide maximum flexibility for our manufacturing operations and market needs, and provide our users with the best products. This also helps alleviate the current situation where factory capacity is far from meeting market demand.

Thirdly, we will continue to continuously complete the iterative upgrading of product technology, ensuring the unique leading advantage of product strength and technology.

All our incomprehensible crazy persistence and determined efforts have finally earned us today's SOP. It can be described as nine years of suffocating dreams, finally ushering in a subversive moment. So I would like to share with you again the uniqueness of FFIE, the new species FF 91, and FF Futurists:

FF is a pioneer in the luxury market of smart technology in the era of smart electric vehicles, and a subverter of the traditional ultra luxury automotive civilization represented by Ferrari and Maybach.

The FF 91 is not only the only luxury electric vehicle model that represents the next generation of disruptive technology, but also the only product specifically designed to build a super spire user ecosystem.

Our first stage goal is to deliver the transformative FF 91 Futurist Alliance, FF 91 Futurist, and FF 91 to global top users on time, with high quality, and unmatched product strength, achieving the subversion of traditional ultra luxury car brands, and achieving the goal of being the first in the global super top user market as soon as possible.

The goal of the second stage is to launch follow-up models, achieve explosive sales growth as soon as possible, rapidly increase travel ecological income and form a scale, becoming a leader in the tower top market.

The goal of the third stage is to achieve sustained and rapid growth in smart terminal sales and explosive growth in ecological (including software, internet apps, and sharing) revenue. FF's ecological revenue accounts for an increasingly high proportion of total profits, becoming one of the leading companies in the mainstream high-value user market, and continues to consolidate its leading position in the towering market.

Dear FF Futurists, you are the most important group to our success. Whether you are our global user, investor, supplier, partner, or FF Dealer Par, FF User Par; Whether you are an entrepreneur like us, a stock investor who recognizes the long-term value of FF, or a product geek or a car geek who always pursues ultimate experience, your paranoid pursuit of dreams and crazy persistence, your belief in futurism and shared values of co creation, your strong spirit of adventure, and your fearless spirit of never giving up and never giving up in the face of hardships and disasters have firmly linked FF to you. Because of this, your unwavering belief and support in FF, your ownership of every stock in FFIE, and every advance order you have, are a great inspiration to us, making us more determined on the way forward. Even if current production capacity is far from meeting market demand, with your support, we can go all out to improve production capacity, Better create a collaborative and shared travel ecosystem for users at the top of the tower, sharing the value created by us together.

At the upcoming ultimate conference, in addition to elaborating on the technical features and unique advantages of the product, we will also release the FF external partner plan and co creation shared products, and further announce the co creation delivery plan after SOD. In addition, I would like to take this opportunity to remind all investors that the company will hold its annual shareholders' meeting on April 14th. All Futurists, please remember to vote before the meeting date. This is the last crucial milestone for the company to fully meet the listing requirements.

The vision proposed by FF at the beginning of its establishment has ignited many people's dreams, and the industrial development blueprint we have outlined has also been implemented by many people, and has been partially realized. This can be seen from the current fierce price war and saturated competitive situation in the mid and low end electric vehicle market. However, today, as the new FF officially enters a new stage of development, we are still the only adventurers in pioneering the smart ultra luxury electric vehicle tower tip market. In the face of new opportunities and challenges, partnerships, including internal and external partners, are the cornerstone of our success, and we will adhere to the core concept of joint creation and sharing. We welcome all futurists to join our ecology.

All partners, let's build FF into a "Ferrari+Maybach" in the era of smart trams.

Let's reconstruct the future of travel from top to bottom.

Let's jointly build the goal of a travel ecosystem for users at the top of the tower.

Thank you all!