Faraday Future Takes Bookings For Its First Mass-Produced Electric Car, Delivery Expected in 2018

(YicaiGlobal) Jan. 4 — The first mass-produced Faraday Future FF91 model has been unveiled in Las Vegas. It is estimated that the vehicle, which will compete with Tesla’s cars, will be delivered in 2018.

Faraday Future is a startup in which Chinese internet company Leshi Holdings Co. have invested.

The FF91 is able to hit 0-60mph (0-96kph) in 2.39 seconds, quicker than Tesla, said a Faraday Future engineer at a press conference yesterday. A self-parking feature will also be offered by the FF91.

Tesla’s fastest accelerating car, the Model S P100D, requires 2.5 seconds to reach 0-60mph.

Faraday did not disclose the new vehicle’s price range but Chinese customers can make bookings with a CNY50,000 (USD7,200) deposit, according to the company website. It was previously reported in the media that prices would be USD150,000 to USD200,000, more expensive than current leading new energy car maker Tesla.