Electric vehicle startup Faraday Future said the first production vehicles of its FF 91 2.0 Futurist Alliance crossover will start at $309,000 before shipping and compete at the high-end of the market with Ferrari, Rolls-Royce and the Maybach line from Mercedes-Benz.
Faraday Future Intelligent Electric Inc. in Los Angeles, which has struggled to secure financing, said Tuesday it is taking preorders for the FF 91 launch edition secured by a refundable $5,000 deposit. The Alliance trim will be limited to 300, the company said.
Faraday describes the FF 91 as the combination of hypercar, sedan and SUV. The launch edition, however, will lack air suspension typical for high-end vehicles. The FF 91 will initially be sold in the U.S. and China markets, the company said.
"In March of this year, the start of production began for the FF 91 Futurist Alliance," said Global CEO Xuefeng Chen during a nearly two-hour presentation Tuesday. "After two weeks, our first production vehicle was assembled and rolled off the line at our FF factory in California."
The FF 91 has three electric motors generating 1,050 hp, the automaker said. Acceleration to 60 mph is estimated at 2.3 seconds. The EV's battery pack is rated at 143 kilowatt-hours, giving the crossover of range of 381 miles on the EPA testing cycle, Faraday said.
Key interior features include a 27-inch rear display for streaming video, three 5G cellular modems for improved bandwidth and multiple driver-facing displays in the front of the cabin. Vehicle software makes extensive use of artificial intelligence, Faraday said.
The startup is marketing the FF 91 as a high-end alternative to more established ultra-luxury automakers. Target competitor vehicles, Faraday said, include the Ferrari SF90 Stradale, a plug-in hybrid supercar; the Rolls-Royce Spectre, an electric coupe; and the Mercedes-Maybach EQS SUV.