Faraday Future CEO on Business Strategy, Coronavirus Impact, IPO

The transcript discusses the impact of the pandemic on an electric vehicle company's plans, including delays in funding and product development. The company needs $850 million to reach an IPO and is working on launching its first product, the 91, while developing a second product, the F-81. Despite challenges in the financial market, the company is in talks with several automakers for potential collaborations. It boasts advanced electric powertrain and battery technology, as well as AI and communication modules. The company has a dual market strategy for the US and China, seeking joint ventures to scale faster in China.

What was the initial plan for launching the electric vehicle after the B round funding?

• Six months

• Nine months

• Twelve months

• Eighteen months

How much capital is needed to reach an IPO according to the company's plan?

• $1 billion

• $1.5 billion

• $850 million

• $500 million

What is one of the unique features of the company's battery technology?

• It has a range of 200 miles

• It is made from recycled materials

• It uses solar power

• It charges extremely fast with 200 kilowatt

What is the company's approach to integrating technology in their vehicles?

• Focusing solely on electric powertrains

• Developing solar-powered vehicles

• Combining Internet and consumer electronics with AI

• Using only traditional automotive technology

What is the company's strategy for entering the Chinese market?

• Partnering with a local joint venture

• Focusing only on the US market

• Building a new plant from scratch

• Exporting all vehicles from the US

How does the company plan to handle geopolitical tensions between the US and China?

• By relocating their headquarters

• By having a dual market strategy

• By focusing only on the US market

• By halting operations in China

What is the company's stance on partnerships and collaborations?

• They see value in collaborations to save costs and speed up development

• They are against any form of partnership

• They only collaborate with financial investors

• They prefer to work independently