Faraday Future Delivered its First Vehicle This Week, with a Price Tag of US $309,000

• The FF 91 electric SUV was initially expected to launch in 2018.

• This model offers 1,050 horsepower and up to 381 miles of EPA range.

• The company wants to deliver additional units soon and is working on other projects.

After years of financial uncertainty, Faraday Future finally delivered its first vehicle earlier this week during its “Developer Co-Creation Festival”, an event held to celebrate its progress.

The only vehicle produced by the company as of now is the FF 91 luxury electric SUV that retails at $309,000 in the United States.

For this price, customers benefit from a tri-motor powertrain that delivers 1,050 horsepower and a 142-kWh battery that gives the SUV an EPA range of up to 381 miles (613 kilometres).

Inside, highlights include Zero-Gravity seats and a 27-inch screen for the rear passengers to use as an entertainment center, like what can be seen in the BMW i7.

Of course, such a high price point makes the FF 91 out of reach for the vast majority of car buyers. In order to generate a more sustainable sales volume, Faraday Future will is planning to launch at least two other trim levels that will be priced below the FF 91 2.0 Futurist Alliance, the model that was delivered on August 12.

At the moment, we know that the FF 91 2.0 Futurist will arrive later with the same powertrain and a shortened feature list, for a price of US $249,000. The third version will be the entry-level model, but no details about it have been confirmed as of now.

While having delivered one unit of its first vehicle is no guarantee of the company’s success, Faraday Future, which sees itself as a mobility company rather than an automaker, is already working on new products.

Indeed, the Los Angeles company hinted at an upcoming in-car AI called “FF aiHypercar+” that should advance this technology’s use in the automotive industry.

Of course, additional deliveries of the FF 91 are also expected in the coming months.

Source: InsideEVs