One such company was Faraday Future… or so we thought. Originally hoping to release its first model, the FF91 crossover, in 2017, the L.A.-based EV brand met barrier after barrier. In 2019, its founder and CEO stepped down and filed for bankruptcy.
New funds jolt Faraday Future back to life
At the time, FF boasted that its battery would be 15% more efficient than the module in the Tesla Model S, would be repairable with replaceable cells, and have the highest energy density of anything on the market at the time.
Finally, in September 2022, the company gave a few more details about the FF91. The crossover will offer 1,050 hp through three electric motors and will have an EPA-rated range of 381 miles—that is, if it ever reaches production.
What will Faraday Future’s first EV cost to own?
One thing we’ve known for a long time about the FF91 is that it won’t be cheap. FF clearly stated early on that it plans to make luxury EVs, and at one point, former CEO Yueting remarked that the electric crossover would cost “less than $300,000.”
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