Faraday Future FF 81 EV scheduled for “volume production” in 2024 — at GM’s former plant in South Korea

Faraday Future’s second EV will be manufactured by South Korean auto parts supplier Myoung Shin, Faraday announced Wednesday in a press release. Production is scheduled to begin in 2024, with a goal of “volume production” by the end of that year.

The new Faraday Future FF 81 will be a “luxury mass-market electric vehicle” aimed at a wider audience than the FF 91, Faraday said. The company announced the FF 91 will launch in the third quarter of 2022, after years of delay.

Myoung Shin’s former General Motors plant in Gunsan, South Korea, provides the scale for “volume production,” Faraday said. The company also said that Myoung Shin will reserve enough production capacity for the FF 81 to meet their forecast.

Prototype Faraday Future FF91

Myoung Shin is a free analog supplier help produce Byton cars under contract from the same old GM facility. It is perhaps no coincidence that Byton’s original CEO was Carsten Breitfeld currently the CEO of Faraday.

Faraday said it will continue to lease an old Pirelli tire factory in Hanford, California, where the company had planned to retool to make cars after abandoning plans to build a factory in Nevada that had been originally planned. supported by generous state incentives. Faraday also claims it’s on track to turn a profit by 2025, but to do that it will eventually have to start making cars.

FF 91 has been revealed in what Faraday called a production form in January 2017 and the company released the first body-in-white from its Hanford facility in the summer of 2018. At the time, Faraday said it planned to deliver the first cars to customers in early December of that year. So, after years of financial turmoil, if Faraday hits its Q3 2022 target, FF 91 will be delayed by almost 4 years.