1. Home
  2. >
  3. Car News
  4. >
  5. New Energy Vehicles
  6. >
  7. Established the automotive team...

[YesAuto News] According to relevant media reports, Xu Jiayin, chairman of Evergrande Group, has confirmed that he has invested in Faraday Future (Faraday Future “FF”) under Jia Yueting and has established a dedicated automotive team. It is not clear whether this is Xu Jiayin's personal investment or Evergrande's investment. In response, Evergrande did not deny it, but said it was “not very clear”.

Earlier on April 12, the Guangzhou Public Resources Exchange Center of Guangdong Province issued an announcement showing that Rui Chi Auto had bid for the processing and manufacturing block of Wanqingsha Bonded Port in Nansha District. The land area is 400,988 square meters and the transaction price is 364.1 million yuan. . In the evening of the previous day, LeTV Holdings also confirmed that Rui Chi Smart Car was an affiliate of Faraday Future invested by Jia Yueting.

At that time, there were reports that Xu Jiayin or Evergrande Group had contact with Jia Yueting about FF investment matters before, and Xu Jiayin did not rule out the possibility that Xu Jiayin invested in FF in his own name and helped its affiliate Rui Chi obtain land in Nansha this time. Xu Jiayin smiled but did not say anything when receiving media related inquiries, and did not respond positively.

As early as February of this year, at the first global supplier summit of FF, Jia Yueting said in a speech that FF had received US$1.5 billion in financing, of which US$550 million had already arrived, but he did not disclose the investors. A person close to FF revealed that the confidentiality of investor identities has been written into the financing terms and will not be announced at least in 2018. “FF promises to deliver the first mass-produced car by the end of 2018. Before this point in time, any blood transfusion to FF Investors will be picked up and searched by the outside world, and this may be one of the reasons why the investor is unwilling to reveal his identity.”

FF once released the first mass-produced model FF 91 on the eve of the 2017 International Consumer Electronics Show (CES), and announced that this pure electric vehicle with a battery life of more than 700 kilometers and an acceleration of 2.39 seconds per 100 kilometers has officially opened online reservations. , To be delivered at the end of 2018. However, since the “LeTV crisis” broke out at the end of 2016, the LeTV system has been defeated. The FF invested by Jia Yueting has also been questioned. However, as of February this year, FF still stated that it will ensure the delivery of FF91 in 2018. (Source: Cailian Press; Compilation/Car Home Zhang Lianyi)