Page 7 - THE SOUTH CHINA BUSINESS JOURNAL
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Faraday Future is on the move to take on the
established EV makers and traditional carmakers
as it creates a new future of EV’s, with its ultimate
intelligent techluxury FF 91
Exclusive Special Feature By Yien Wu & Charlene Chen
FF 91 completes 2,270-mile Standing in front of the bell ringing desk in the NASDAQ tower, the smile on the
road testing confirmation face of YT Jia, founder of Faraday Future (NASDAQ: FFIE), a global shared
along historic Route 66 intelligent mobility ecosystem company, couldn't help but shine. His excitement,
SOUTH CHINA BUSINESS JOURNAL 11 clearly shown on his face also had some unique charm, reflected by his confidence
glowing from his eyes.
On July 22nd, Faraday Future, founded by YT Jia in May 2014, finally saw the
faint glimmer of a rainbow at the end of its turbulent and sometimes stormy past.
FF was successfully listed on NASDAQ, wading out of the desperate situation it had
been in for some time now. This entrepreneur once again showed the world the
power of dreams.
Things worth pursuing are rarely easy, but more often than not, they’re worth it. Such is
the case with Faraday Future.
Born from a clean sheet, founder and Chief Product User Officer (CPUO) YT Jia,
envisioned a company that would allow everyone to live, move and breathe more freely.
Living would consist of gaining back precious moments we so often lose stuck in
traffic, being able to connect through a mobile ecosystem, safely and freely, while
in a car. With autonomous driving technologies, Faraday Future’s vehicles would
empower mobility and new usership models.
In 2014, YT Jia launched the "SEE Project", and officially announced that he would
build a car, hoping that the EV industry would overtake the traditional industry
giants, and solve urban haze and traffic congestion effectively. He became the
originator and pioneer of cross-industry car manufacturing in China. Now, the
successful landing of FF on NASDAQ has not only triggered another round of cross-
industry car-manufacturing enthusiasm in China, but also initiated a SPAC craze for
EV startups in the United States.
Following FF's path, Internet giants such as Alibaba, Baidu, JD, Xiaomi and other
Internet companies all entered the EV game. Additionally, new-generation EV makers
such as NIO, XPeng, Li Auto and Weltmeister were also some of the first EV makers to
follow in FF's footsteps, sounded the horn of challenging Tesla in the EV market.
To become another Tesla is always the ultimate goal of all current cross-industry
EV-making companies and new-generation EV makers. However, FF, the first cross-
industry car manufacturer, holds another dream. FF does not want to be China's
Tesla, let alone the second Tesla, but wants to be the Tesla-challenger and the first to
truly disrupt traditional luxury car brands.
With the successful IPO and adequate funding FF's global recruitment efforts are
accelerating, which will help FF to produce and deliver its first model, the ultimate
intelligent techluxury FF91, on time. As a result, Wall Street analysts have given
$FFIE a "Strong Buy" rating with a target price of $26, representing a 160% increase
possibility from the current share price.
SOUTH CHINA BUSINESS JOURNAL 12
established EV makers and traditional carmakers
as it creates a new future of EV’s, with its ultimate
intelligent techluxury FF 91
Exclusive Special Feature By Yien Wu & Charlene Chen
FF 91 completes 2,270-mile Standing in front of the bell ringing desk in the NASDAQ tower, the smile on the
road testing confirmation face of YT Jia, founder of Faraday Future (NASDAQ: FFIE), a global shared
along historic Route 66 intelligent mobility ecosystem company, couldn't help but shine. His excitement,
SOUTH CHINA BUSINESS JOURNAL 11 clearly shown on his face also had some unique charm, reflected by his confidence
glowing from his eyes.
On July 22nd, Faraday Future, founded by YT Jia in May 2014, finally saw the
faint glimmer of a rainbow at the end of its turbulent and sometimes stormy past.
FF was successfully listed on NASDAQ, wading out of the desperate situation it had
been in for some time now. This entrepreneur once again showed the world the
power of dreams.
Things worth pursuing are rarely easy, but more often than not, they’re worth it. Such is
the case with Faraday Future.
Born from a clean sheet, founder and Chief Product User Officer (CPUO) YT Jia,
envisioned a company that would allow everyone to live, move and breathe more freely.
Living would consist of gaining back precious moments we so often lose stuck in
traffic, being able to connect through a mobile ecosystem, safely and freely, while
in a car. With autonomous driving technologies, Faraday Future’s vehicles would
empower mobility and new usership models.
In 2014, YT Jia launched the "SEE Project", and officially announced that he would
build a car, hoping that the EV industry would overtake the traditional industry
giants, and solve urban haze and traffic congestion effectively. He became the
originator and pioneer of cross-industry car manufacturing in China. Now, the
successful landing of FF on NASDAQ has not only triggered another round of cross-
industry car-manufacturing enthusiasm in China, but also initiated a SPAC craze for
EV startups in the United States.
Following FF's path, Internet giants such as Alibaba, Baidu, JD, Xiaomi and other
Internet companies all entered the EV game. Additionally, new-generation EV makers
such as NIO, XPeng, Li Auto and Weltmeister were also some of the first EV makers to
follow in FF's footsteps, sounded the horn of challenging Tesla in the EV market.
To become another Tesla is always the ultimate goal of all current cross-industry
EV-making companies and new-generation EV makers. However, FF, the first cross-
industry car manufacturer, holds another dream. FF does not want to be China's
Tesla, let alone the second Tesla, but wants to be the Tesla-challenger and the first to
truly disrupt traditional luxury car brands.
With the successful IPO and adequate funding FF's global recruitment efforts are
accelerating, which will help FF to produce and deliver its first model, the ultimate
intelligent techluxury FF91, on time. As a result, Wall Street analysts have given
$FFIE a "Strong Buy" rating with a target price of $26, representing a 160% increase
possibility from the current share price.
SOUTH CHINA BUSINESS JOURNAL 12
