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Faraday Future - Founder, Partner & CPUO (Chief Product & User Ecosystem Officer)

The U.S. government's imposition of quadrupled tariffs on Chinese electric cars may have negative impact on organic competition in the global #AI #EV industry, and the value of FF as a bridge between the Chinese and U.S. automotive industries has been brought into the spotlight. We welcome communications with any Chinese companies and supply chains who are interested in collectively building the China-U.S. automotive bridge.

FF EV, in collaboration with partners like VinFast, aims to an EV below $20,000. Let Wall Street knows: Drawing on the rich expertise of Asian manufacturers, particularly in East Asia, FF EV can compete vigorously in this market segment with its East Asian competitors. While developing an air taxi with four additional seats necessitates substantial investments running into billions and faces prolonged timelines due to technological constraints, crafting a smaller EVTOL tailored for private family use or pilot training schools proves to be a swifter and more cost-efficient venture requiring only a few million dollars in investment. Within six months, the compact EVTOL can hit the market, under $90,000—the world lowest price of a hybrid EVTOL with range of 300 miles —boasting a profit margin of approximately 50-60%. This echoes the early stages of the horse cart, which originally accommodated just one or two passengers. Moreover, the utilization of low-cost carbon fiber composite for both the car body and wheels further underscores the commitment to affordability and innovation. Notably, the cost of this composite process is 80% lower than that of the BMW i3 car body, signaling a paradigm shift in sustainable mobility solutions.

The compact EVTOL vehicle, featuring one or two seats, can achieve a price of $55,000 following the annual sale of 10,000 units.

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There’s something called Short Covering…

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Once again, YT will be success!

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