Faraday Future, the California-based EV startup that has nearly gone out of business almost too many times to count, has finally made a car.
On Wednesday, the company held an event celebrating the completion of its first “production intent” FF91, the ultra-luxury electric SUV that has been in the works for nearly eight years. Faraday Future — which also goes by Faraday Future Intelligent Electric since merging with a special purpose acquisition company, or SPAC, in July 2021 — claims it is still on schedule to formally begin production of the FF91 in the third quarter of 2022.
It’s certainly a milestone for the company, which has experienced high rates of turnover, flirted with bankruptcy…