Jia Yueting announces: Faraday Future does not regard BYD as a competitor

Recently, Jia Yueting announced on social media the second brand model of Faraday Future (FF). This new model is positioned as the “AI Car of the Future, the AI Car for the People,” focusing on AI luxury and ultimate cost-performance ratio, aiming to disrupt the traditional super-luxury car market and challenge brands like Ferrari and Maybach. FF’s second brand is mainly targeting the US market, offering AI electric vehicles for the mass market, with the hope of transforming the AI electric vehicle industry in the United States. Jia Yueting emphasized FF’s vision to become a leader in the market of top technology and ultimate luxury in the era of smart electric vehicles.

Specifically, FF plans to apply its five peak advantages to this new model, achieving large-scale production to allow everyone to experience “AI luxury” and ultimate cost-performance ratio. Moreover, FF will leverage the core technology of its flagship model FF 91, which is worth $300,000, to deeply explore the vast AI electric vehicle market in the United States. Jia Yueting also mentioned that FF’s China-US automotive industry bridge strategy aims to provide Chinese enterprises with a comprehensive solution to conquer the US market, covering product, technology, R&D, and vehicle engineering systems; production and manufacturing, and compliance access systems; brand, marketing, sales, and after-sales service ecosystems; as well as the four major empowerment points of global capital value.