Faraday Future’s FF 91 electric car can cost $290,000

by SpeedLux
Faraday Future New Electric Car FF 91

At the 2017 Consumer Electronics Show, Faraday Future released information about the FF 91, its first production electric vehicle.

It estimated a range of 378 miles, thanks to a 130-kilowatt-hour lithium-ion battery pack.

It likewise pointed out a power output of 1,050 horsepower, allowing the FF 91 to reach 60 miles per hour from a standstill in less than 2.4 seconds.

However at the Las Vegas launching 2 weeks back, Faraday did not state just how much all that would cost.

As per Chinese billionaire Jia Yueting– head of tech business LeEco and among Faraday’s primary backers– it could be really costly.

The FF 91 will cost “below 2 million Chinese yuan,” Jia stated in latest Chinese-language interview. 2 million Chinese Yuan are about $290,000.

Keep in mind that it is possible Jia was talking about Chinese prices, which could be higher than U.S. prices due to taxes, in addition to shipping expenses and import duties, if Faraday decides to construct the FF 91 beyond China.

LeEco revealed strategies in 2016 for a Chinese factory that would construct 400,000 electric cars annually, however it is uncertain if the factory would make automobiles for Faraday, or for LeEco itself.

Faraday began on a factory in North Las Vegas, Nevada, last spring, however construction stalled later on in the year.

If the figure pointed out by Jia actually does represent the Faraday Future FF 91’s global cost, the vehicle would be significantly more costly than its closest competitors– in addition to among the most costly brand-new vehicles.

A top-spec Tesla Model S P100D, having a 100-kWh battery pack and EPA-rated 315-mile range presently begins at $135,700.

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