Faraday Future has announced its first mass-market electric vehicle will be built by South Korea’s Myoung Shin.
Production of the FF 81 is slated to begin in 2024 and Faraday Future said the vehicle will feature “advanced connectivity and a user experience tailored to a wider audience than the ultimate intelligent techluxury FF 91.”
The FF 81 will be built under contract at Myoung Shin’s Gunsan plant as the facility offers the scale and flexibility to build the vehicle while also having “attractive port access.” The companies didn’t mention volumes, but said “Myoung Shin will maintain sufficient manufacturing capabilities and capacity to supply FF 81 vehicles in accordance with FF’s forecasts.”
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While Myoung Shin isn’t a household name, they’re a parts supplier and were originally tapped to build the Byton M-Byte in 2019. In a statement, Myoung Shin President Taekyu Lee said: “Our vision as an EV contract manufacturer is to seek creation, innovation, reliability, accountability, and corporate citizenship, all of which we will provide to Faraday Future as we manufacture their FF 81 vehicle.”
Faraday Future hasn’t said much about the FF 81, but the company has previously revealed that the “product definition” was completed last year and promised it will feature DNA from the FF 91. At the time, the company also said research and development on the model was progressing.
Speaking of the FF 91, Faraday Future said it’s scheduled to go into production in the third quarter of this year. Which is good news as the model is long overdue, having originally been introduced at CES in 2017 and slated to go into production in 2018.