Robotics & Automation News

Market trends and business perspectives

Faraday Future holds its first global supplier summit

Faraday Future (FF) has held its first Global Supplier Summit at its headquarters in Gardena, California.

Nearly 200 representatives from more than 100 of its global suppliers joined the two-day event in February, a crucial gateway to achieving the first delivery of its flagship FF 91 vehicle by the end of 2018.

YT Jia, founder of FF, welcomed the participants and delivered an inspirational address to motivate the crowd at the event.

“FF 91 is a new species. It’s more than an electric car – it’s the third Internet living space,” said YT, “It would be impossible to deliver a ground-breaking vehicle like FF 91 without alignment with our top suppliers.

“Hosting innovative leaders in automotive and technology realms will help us successfully create momentum in our product development and deliver a high-quality product experience.”

The executive team gave a comprehensive overview of FF’s global strategy, vision, business plan and project updates. Additionally, suppliers were able to view the research and development center and held meetings with key department leaders and various business units.

“Our goal was for suppliers to walk away with renewed confidence about our plans and our funding, and judging by the overwhelming response, I think we’ve achieved that,” said Pablo Ucar, head of Supply Chain at FF.

“FF 91 is a revolutionary and complex vehicle, with more than 2,000 parts and assemblies, so our relationship with our supplier partners is critical to achieving our admittedly aggressive goal of successfully delivering FF 91 by year end.”

After the first debut of its production-intent FF 91 at last year’s CES, FF aims to fulfill delivery of the vehicle through its turn-key Hanford manufacturing facility, which will begin to come online toward the end of the first quarter.

“Our Hanford factory project is developing according to our planned schedule, we are well into the process of design and permitting and have begun planning our recruitment,” said Dag Reckhorn, SVP of Global Manufacturing.

“As of February 1st, the property has been completely vacated, so we will move forward on construction and equipment by the end of the quarter. We remain on an aggressive, yet workable timeline of year-end delivery for FF 91.”