Building a car is not an easy task, and it is definitely not a threat. At present, most new energy vehicle companies are struggling to survive. Among them, Xpeng Motors wrote in an internal letter that this year is the first year for Chinese auto brands to enter the sea of blood competition, that is, the first year of the knockout competition. This shows the cruelty of competition in the automobile market.
And if you want to talk about which car company has the worst time, then Jia Yueting's Faraday Future must be on the list. In the past few years, Faraday Future has experienced several bounces for various reasons, and finally ushered in the launch in 2023.
originally thought that Jia Yueting could make a comeback with Faraday Future, but he did not expect that the ensuing delivery problem would become the biggest stumbling block hindering Faraday's future development.
According to the data, in 2023, Faraday Future will deliver a total of 10 FF91s. It is worth noting that one of them was delivered to Jia Yueting himself.
In addition to the slow pace of delivery, Faraday Future also received a warning of delisting from Nasdaq at the end of last year. According to the exchange's notice, Faraday Future's share price was consistently below $1 between November 9 and December 27, violating Nasdaq's listing rules.
Faraday Future has finally survived 2023 and ushered in 2024. I didn't think about it, and there was a problem again. And this time it's not about the car, it's about the rent.
It is reported that Faraday Future's headquarters in Los Angeles, the landlord of Wrexford Industries, filed a lawsuit against Faraday Future in the Los Angeles Superior Court, accusing it of arrears of rent and related maintenance fees and taxes in January and February, totaling 9$10,000 (about 660,000 yuan) in rent. Not only that, but the landlord also demanded the repossession of the building in the lawsuit.
In response, Faraday Future said that it is actively working with the landlords of the San Jose office and the Gardina headquarters, and is conducting friendly negotiations on the current situation to resolve it as soon as possible.
Jia Yueting's road to car building has a long way to go, and it is still unknown whether it can succeed.