Faraday Future Hosts Global Supplier Summit at its California Headquarters

Author: Eric Walz   

LOS ANGELES — Faraday Future (FF) kicked off its first Global Supplier Summit at its headquarters in Gardena, California this week. Nearly 200 representatives from more than 100 global suppliers joined the two-day event, a crucial gateway to achieving the first delivery of the company's flagship FF 91 electric vehicle by the end of 2018.

Faraday Future's Global Supplier Summit aims to reinforce the relationship between FF and its key suppliers. Participants include Bosch, LG Chem, Fuji Technical & Miyazu, leading LiDAR manufacturer Velodyne, Ricardo, Fanuc and others.

Despite reports of massive financial problems, as well as the exodus of top executives, 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."

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One of FF's goals is to strengthen its supply chain relationship. 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."

Speeding Up FF 91 Production

After the first lackluster debut of its FF 91 at last year's CES, FF aims to fulfill delivery of the vehicle through its turn-key Hanford, California 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, and we appreciate the support give to us by the City of Hanford," said Dag Reckhorn, SVP of Global Manufacturing. "We are well into the process of design and permitting and have begun planning our recruitment cadence. 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."

FF's executive speakers included Pablo Ucar (VP of Supply Chain), Peter Savagian (SVP of Product Development), Nick Sampson (SVP of Product Strategy), Dag Reckhorn (SVP of Global Manufacturing), and Zack Fu (VP of R&D in FF China).

Although the event showed optimism within the company, Faraday Future's top executive, Jia Yueting, is still being pursued by Chinese regulators over hundreds of millions in unpaid debts.

Eric Walz
Originally from New Jersey, Eric is an automotive and technology reporter specializing in the high-tech industry in Silicon Valley. Eric has over fifteen years of automotive experience and a B.A. in computer science. These skills, combined with technical writing and news reporting, allows him to fully understand and identify new and innovative technologies in the automotive industry and beyond. He has worked on self-driving cars and as a technical writer, helping people to understand and work with technology. Outside of work, Eric likes to travel to new places, play guitar, and explore the outdoors.
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