For the (Faraday Future) Faraday future of this brand, its most recent action has been continued, and this made Jia Yueting single-handedly established businesses, experienced a few after financing round, which is due to lack of funds, resulting in mass production it has been forced to shelve repairer. The founder Recently, Faraday future Jia Yueting personal bankruptcy reorganization plan and wishing to return to their repairer of the message is transferred uproar.
Recently, with ten thousand cars, chairman Xu Lian Kuan released a public information platform, said, FF 91 is about to enter the domestic market, while Jia Yueting is working with domestic production docking depot, and with their photo with Jia Yueting of. Meanwhile, Lian Kuan represents Faraday Future and Jia Yueting there while returning home repairer of the heart, the future CEO of Faraday Bi Fukang also foreign claims, FF in the country is looking for potential partners, while the FF 91 is scheduled for completion in September 2020 market.
Although there are a number of media including FF have revealed that there are returning repairer idea, but we all know that Jia Yueting heavy personal bankruptcy the event did not go well. That last December 19, the debt management team Jia Yueting release information, said Jia Yueting personal bankruptcy reorganization cases will continue to promote the transfer of relevant court in California. And the US Department of Justice under the Executive Office of the US Trustee to a statement released documents have shown that there are many acts of bad faith Jia Yueting, and filed a motion for the appointment of a new trustee. And by exposing the problem, but also further explains Jia Yueting personal bankruptcy reorganization plan there is a big problem.
and Bifu Kang also said, all expenses FF is still a lack of financial support, and FF to rely on the way to solve the debt financing, and stressed that to achieve the delivery of FF 91 also requires follow-up financing $ 850 million again. In addition, personal bankruptcy reorganization progress for Jia Yueting, said Bi Fukang 2020 end of January to see some results. So, if Jia Yueting with FF back home, which still need to cross their personal bankruptcy reorganization plan.
to return to the energy production FF 91?
According to insiders FFThe company has ongoing research assessment returning to production issues, domestic team is also currently deeply involved. Jia Yueting creditors hearing site said it would seriously consider FF 91 large-scale production in the United States and China.
And if Jia Yueting return, and domestic production FF 91, and then for Jia Yueting Faraday future, its still requires a lot of financial support, but since the establishment of the future Faraday, FF91 has invested huge funds in the development and operation, while Jia Yueting itself has a large debt-ridden. Although it has been claimed that I repay domestic debt of over $ 3 billion, but net debt Jia Yueting still $ 2 billion. So at this stage, if the investor wants to continue the firm’s confidence in the FF, Jia Yueting must first solve is their debt problems.
Therefore, the FF, even a return to its rapid order in the country and the layout of the production model is still very difficult, moreover, there is still no FF financial support, at the same time, there are Faraday future production plants can only be produced by a cooperative manner, but due to funding pressures and debt, currently not aware of FF 91 will cooperate with Which to mass production, so for many years has been to mass production of the FF 91 to He said that there is still much more difficult.
Furthermore, even Faraday can quickly get the money, it can quickly mass production, is still dense fog. After all, FF has repeatedly announced and published production time, but have not achieved. Furthermore, Faraday future in the country and there is no production qualification. So, from production to off the assembly line, to the mass production deliveries still need a lot of time to complete, but in the whole process, which is still a lot of uncertainties.
If the FF 91 and returned to production, Jia Yueting and its FF there is still a long time to layout, currently the repairer of the new force has been relatively stable share in their respective market segments, for a money has not yet determined the amount of production time of the FF 91, even came to the country, and its products in the market will be squeezed, so, from the current situation Faraday future prospects are still uncertain.