The FF91, designed with 1,050 horsepower and an acceleration from 0 to 60 miles per hour in 2.39 seconds, was supposed to carry a price tag of 2 million yuan. Faraday Future will achieve the capacity to produce 5 million vehicles per annum in five years, comprising both high-end models and lower-end variants, according to an August 14 announcement by Evergrande Health.
The company has set up a headquarters in Guangzhou with a US$2 billion investment, and plans to build five research, development and production centres across China.