Faraday Future Targets April Delivery Of FF 91 Futurist EVs

Faraday Future Intelligent Electric Inc FFIE anticipates the start of production of FF 91 Futurist at FF's manufacturing facility FF ieFactory California at the end of March 2023.
The deliveries are expected to begin in April 2023.
Faraday is in discussions with both potential new investors and existing FF investors to provide the estimated $150 million - $170 million of additional capital needed to produce the FF 91 Futurist.
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The company has received a draft $30 million binding letter of intent from a current FF investor, which remains subject to Board approval.
The FF 91 Futurist features 1,050 horsepower, an EPA-certified range of 381 miles, 0-60 mph in 2.27 seconds.
The vehicle also has a rear intelligent Internet system, and a user experience designed to create a mobile, connected, intelligent, and luxurious third Internet living space and user mobility ecosystem platform.
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Price Action: FFIE shares are trading lower by 20.8% at $0.38 in premarket on the last check Friday.
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