Faraday Future reported on Thursday that achieved Milestone #5 starting now all major mechanical, electrical, and plumbing (MEP) systems to support equipment installation. The EV manufacturer revealed that vehicle tests are going and validation of production-intent vehicles, the FF 91 program is on schedule to launch in Q3 2022.
The only two manufacturing milestones remaining are the #6: Complete construction and equipment installation in final vehicle manufacturing areas and the start of production (SOP) in July 2022. FF added that will participate in more automotive events and car shows as it moves closer to SOP.
“Our manufacturing facility in Hanford, California is developing at an impressive pace, and remains on schedule to deliver our first vehicles in Q3, now that we have marked five of our seven milestones,” said Dr. Carsten Breitfeld, Global Chief Executive Officer of Faraday Future. “FF will be the first truly high-end, high-performance, luxury, intelligent EV manufacturer when we introduce our flagship model, the FF 91, to customers in Q3 later this year.”
A link to a video showcasing FF’s progress at its manufacturing facility in Hanford can be seen here: Manufacturing Milestone 5 Achieved.
While the MEP systems are finalized and automated equipment is being installed, engineers continue to build more production-intent vehicles. These vehicles feature production-specification components and will be used for testing and validation, as well as for public viewing. FF will participate in more automotive events and car shows as it moves closer to SOP. This past week, FF displayed a production-intent FF 91 at the 2022 Milken Institute Global Conference.
Last week, the EV maker announced its financial results for Q3 2021. On March 15, the California-based company confirmed that the Nasdaq had granted Faraday Future an extension until May 6, 2022, to file the quarterly report.
With the third quarter of 2021 results now reported, Faraday Future avoids the risk of being delisted by Nasdaq. The Company plans to host a conference call open to investors after it files its Q1 2022 results in mid-May.
In April, Faraday Future announced that its FF91 Model will use Brembo as a supplier to the brake technology, as the main supplier of full brake caliper assembly. Brembo will provide a specialized caliper assembly for the FF 91. This includes assembly, pistons, calipers, and pads, along with the electronic parking brake — the company said.
The company also unveiled recently that will partner with Meta System to become the supplier of on-board power management module products. FF 91 EV and the upcoming FF 81 vehicles will be equipped with Meta System’s onboard battery charger. The system will feature 15.2 kW AC charging capability.