Jia Yueting Faraday will set up a new company in the future. Experts say that consumers have lost patience with it.

Financial Network Automotive News? Faraday will set up a new company in the future-Fafa Automobile (Zhuhai) Co., Ltd.

According to the survey data, Sino-French Automobile (Zhuhai) Co., Ltd. was established on June 65438+February 65438+February 4, 2020 with a registered capital of US$ 250 million and its legal representative is Jia. Jia is currently a supervisor of LeEco Eco (Zhejiang) Co., Ltd. ..

The company's business scope is sales of new energy vehicles; Sales of new energy vehicle production test equipment; Research and development of auto parts; New car sales; Software development; Application system integration service in artificial intelligence industry; Used car distribution; Auto parts retail business.

According to the equity penetration map, Franco-French Automobile (Zhuhai) is wholly owned by Faraday Future (Hong Kong) Company.

Faraday will be established in 20 16, and the first mass-produced electric vehicle FF will be produced in the following year 1 year. 9 1 was officially released, and 1 billion USD series A financing was completed. Jia Yueting, then the founder of LeTV, became Faraday's future global CEO and chief product officer.

Later, due to Jia Yueting's personal debt crisis, Faraday's future projects were suspended. However, Jia Yueting didn't give up the plan to build a car. Faraday will try to rebuild the car and form a car-building team through financing in the future.

In September last year, Bi Fukang, the former co-founder of Baiteng Automobile, joined Faraday Future and became the global CEO. At the end of 65438+February of the same year, Bi Fukang revealed FF? 9 1 mass production listing plan "Now we have plans to make FF9 1 go public before September 2020."

In June 5438+10, Faraday announced that it would receive $45 million in financing in the future. Faraday said in the future that the financing will be based on the expansion and extension of the 20 19 advanced bridge financing loan plan and will be used to support its flagship electric vehicle FF? 9 1 project final mass production and explosion FF? The next research and development work of 8 1

In June 5438+10 this year, Faraday will expose FF in the future. 9 1 product development, including the configuration of head-up display.

However, FF? 9 1 is not on the market yet.

1 1, Jia Yueting said on the social platform that "product and technological innovation is the core value and driving force of the next generation of automobile industry transformation, and FF will continue to concentrate resources and focus on investment."

At present, Faraday is preparing a new round of global financing plan in the future.

65438+At the beginning of February, Faraday revealed that FF9 1 will start the mass production plan about 9 months after successfully completing the A round of financing. Complete the preparation for the development of FF8 1 electric vehicles, future models and alternative core technologies as soon as possible.

Faraday has always regarded China as an important market in the future. In this regard, Ren Wanfu, a senior automobile analyst, said that China is the largest single market for new energy vehicles in the world, and it is difficult for any new energy vehicle enterprise not to pay attention to the China market, so Faraday will not give up in the future.

However, Bai Yiyang, the international research department of China Merchants Bank, believes that consumers have long lost confidence in FF because of the reputation of the founders in the past and the company's repeated jumps at key points in development and production.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.