Faraday Future ($FFIE) Reports Further Progress at its Newly Named FF ieFactory California Facility

Green Stock News

Faraday Future Intelligent Electric, a global shared intelligent electric mobility ecosystem company, has reported further progress made in all production areas at its newly named FF ieFactory California. Located in Hanford, California, the state-of-the-art manufacturing facility will lead production of the company’s all-new TechLuxury FF 91 electric vehicle, which is expected to arrive in late 2022.

Faraday Future is building out its California facility focused on world class craftsmanship and state-of-the-art manufacturing technology and automation.Since going public last July, the company has accomplished five manufacturing milestones and is in the process of the sixth and final milestone prior to the start of vehicle production.

Dr. Carsten Breitfeld, Global CEO of Faraday Future commented: “We continue to make exceptional progress on construction and development in our Hanford manufacturing plant, and we are getting closer to our start of production later this year. Main body lines, e-coat systems and paint ovens and conveyance are all in place for the start of production and we continue to build production-intent vehicles that will be used for further testing and validation.”

Faraday Future is utilizing a sophisticated electrocoating process in its paint shop, which will ensure noticeably superior paint finish and durability for its vehicles. In the body shop, the company is nearing completion of its 6th milestone, which is the construction and equipment installation in the final vehicle manufacturing areas. Robots in the body shop are undergoing final commissioning and validation to support production activity.

Shares of Faraday Future Intelligent Electric trade on the NASDAQ under the symbol FFIE. For more information visit www.greenstocknews.com