Sure, Faraday Future’s FF 91 is technologically advanced and super fast, but don’t expect the thing to be affordable. Green Car Reports is saying you could shell out almost $300,000 for the all-electric minivan-thing.
Perhaps this is why some people think Faraday Future will only sell a handful of FF 91s. Of course, there are some industry analysts who expect the company to be dead by the end of February.
Why Faraday Future has lead with such an expensive, weird vehicle is anyone’s guess. Tesla started off with the Roadster, which was so niche it almost killed the company. It’s like the powers-that-be at Faraday Future didn’t learn anything from that.
Fact is, the average person would love an affordable, practical electric car. This is fueling interest in the Chevy Bolt and Tesla Model 3, and Faraday Future could’ve ridden that wave. Instead, it chose to go for a shock-and-awe elitist vehicle, and the move seems to be backfiring.
Parent company LeEco is going to build a factory in China and whip out 400,000 EVs a year, because the demand in that country is huge. Right now, it isn’t clear is any Faraday Future models will be rolling off the assembly line. Construction of the Faraday Future factory in North Las Vegas has come to a screeching halt.
Things don’t look too good for Faraday Future.