Sustainability Magazine May 2023 | Page 204

FARADAY FUTURE
Supply chain management Faraday Future invested a lot in creating its own technology . “ Some companies basically source parts and build a car , essentially becoming assemblers ,” explains Gulati . “ At Faraday Future , we ' ve invested a lot of time and capital on creating our own technology .”
Faraday Future has strong partnerships with , and relies on , key suppliers to ensure the FF 91 is completed in a timely manner and with the high quality its users will demand . The company was affected to a lesser degree by supply chain issues during the pandemic because of planned low volumes at launch , and because many of the parts are created by suppliers uniquely for the FF 91 , and so we don ' t compete with others for those . Notwithstanding , the company has taken lessons from that period and gotten even more diligent about planning and ordering across the supply chain .
In terms of scale , Faraday Future employs 590 people across the US and China , and with its production plant in California the company will ultimately be capable of producing approximately 10,000 vehicles per year . The current manufacturing setup is asset light , and the supply chain is built with expansion in mind : if needed , the company has a contract manufacturing partner for this anticipated expansion , allowing early-stage flexibility .
204 May 2023