Faraday Future, Geely finish initial technical cooperation

Beijing (Gasgoo)- Faraday Future Intelligent Electric Inc. (FF) and Geely Holdings has made substantial progress in the initial phase of technology co-development, the California-based global shared intelligent mobility ecosystem company announced on its “919 Futurist Day”. 

Currently, technical teams from both parties are working closely on the inspection and development of the platform technology. This successful technical collaboration will push the two companies to further their cooperation, accelerating FF’s China business expansion.

the FF executive team; photo credit: Faraday Future

During the “919 Futurist Day”, the CEO of FF, Xuefeng (“Chris”) Chen, and the executive team shared the latest news about the FF 91 production and deliveries and distribution channel strategies. According to the executives, the company is very confident in keeping its promise of delivering vehicles in the 12 months after going public.

As of now, FF has succeeded in creating an asset-light sales network using the online-offline-merged ecosystem o2o direct distribution model, including the FF Intelligent App and FF.com online platforms, self-owned stores, partnered stores, and showrooms.

The FF Intelligent App has brought over 70% of new orders during the first two months it went online. The company is siting for its Los Angeles and New York flagship stores, and the first batch of its FF/FF Par stores in China will be located in Beijing, Shanghai, Guangzhou, and Shenzhen, the FF executives said.