Faraday Future Says It Will Begin Production in March as Long as the Funds Arrive

After many, many years, Faraday Future has announced an intended start date for its FF 91 Futurist electric vehicle. In theory, the car will start moving down the production line on March 30, 2023, but there’s one very big catch. It all depends on funding.

In a statement posted to Faraday Future’s website, the possibly-soon-to-be automaker said production would start on that day, “assuming timely receipt of funds from the Company’s investors.” So there it is. Faraday Future will start production at its “FF ieFactory California” if it gets some more money. The company’s CEO, Chen Xuefeng, says that the funding has been committed, but at this point who really knows if it’ll come through. We’ve covered the trials and tribulations of Faraday Future for some time now, and getting money has always been a bit of an issue for the automotive start-up.

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If all goes according to plan, the First FF 91s will be rolling off the line in early April, and they’ll be in the hands of owners by the end of that same month. Back in May of 2022, we reported that Faraday Future had just 401 preorders for its first vehicle. There’s no word on how many more have been added since then, but unless there’s been a big influx of preorders the FF ieFactory won’t have too much to do.