After more than two months, the titanium media team visited and investigated a number of U.S. state governments, courts, dealers, suppliers, potential investors, company management, general staff, etc. involved in Jiayuenting FF car and ... FF91 cars were field trips and 360 degrees measured, completed the heavy and also the history of the most complete Jiayinting American repairer and assets survey.
What is Jyopy Ting doing in the United States? Can he still recover the huge debts in China? How much is his assets in the United States? Does his car really have money? Can he stand up? In the face of China Perhaps the biggest collapse and the most famous one in the history of the commercial and A-share markets, the public still seemingly understands more about Jia Yunting. In fact, it only takes a deep and little thought and knows little about it.
In November 2016, Titanium Media's article, "Does Lotte crash like Delong?" For the first time revealed the essential anatomy of LeTV's capital operation and business model, sparking public debate, quoting the phrase 'This is a The game was dominated by a domino game from the very beginning and finally entered its final, most ornamental stage. "In 2017, the entire music department fell like a domino until it collapsed completely In the recent music Watch resume trading after suspension of 9 months, continuous plunge, limit for four consecutive days, and the forecast will continue to have more than 10 daily limit.
In July 2017, facing all the debtors and employees, while claiming that they would be responsible for all the debts, Jia Yueting resigned from all the roles of LeTV and went to the United States to dedicate himself to the name of repairer and never returned .
Now looking back, in July 2017, Jia Youting once again escaped to the United States, is also a very important node, with some wonderful coincidence.First, last winter, the media opened a due to music Watch suspected IPO fraud and Among the list of CSRC officials surveyed, the earliest being taken away from the investigation occurred in July 2017. Second, and in July 2017, a financing solution centered on the bankruptcy and restructuring of FF vehicles began to invest in Hong Kong Circulation, titanium media in October 2017 also made an exclusive disclosure.
At the time, Jiayuenting FF car denied the bankruptcy reorganization financing plan disclosed by Titanium Media for the first time, but soon broke the FF high-level infighting and former CF CFO resigned in November 2017, FF admitted The above bankruptcy reorganization financing scheme exists, but this is defined as the original CFO without the permission of Jiayue Ting personal behavior.
In the US media survey of Titanium Media, we also found that a number of individual equity investment mortgages by mortgages and Jiayue Ting took place around July 2017. After that, although the FF continued to raise funds for financing, it did not have any real The financing record.
In November 2017, FF released a public statement inviting Zhao Hejuan, the founder of titanium media, to lead the team to investigate and open all interview requests to the media. Zhao Hejuan also made an open reply to accept the invitation for investigation. In December 2017, Zhao Hejuan and his team arrived in Los Angeles Interview was declined, FF reply interview postponed until January 2018, when Jia Yueting and FF officials have given a clear reply said: in mid-January 2018 must be as much as possible an interview with interview by Jia Yunting personally; mid-January 2018 Titanium Zhao Hejuan team once again arrived in the United States, FF officials once again said that the regret, Jiayue Ting and the company at this stage are temporarily inconvenient open interviews and research, will be the first time in the right time to open.
With the disappearance of Jiayue Ting, the debt is not returned, the listed companies have borrowing obligations do not perform, the former white Knight Sun Hongbin and Jia Youting also completely ruptured Recently, the music network suddenly 'nude complex', requiring Jiayue Ting and its association The company returned nearly 10 billion related revenue (7.5 billion music TV, music and television industry there are more than 1.7 billion), and announced the termination of renamed, which also means that Sun Hongbin and LeTV brand had to cut the brand completely cut off at the same time, the announcement There is a noteworthy detail:
The Company will adopt all means including legal means to instruct Mr. Jia Yunting and its related parties to stop the disposal of the third party of LeTV Automobile (Beijing) Co., Ltd., Faraday Future (the controlling shareholder of Future Music, Also referred to as FF Automobile Company), Lucid (Automobile) and other related equity and assets, and give priority to practical settlement of its actual liabilities to the listed company, to the greatest extent possible to protect the shareholders' equity of the listed company.
Car and equity assets mentioned here can also be settled in the end can also need to draw a question mark, one can not, and second is not enough.
After more than two months, the titanium media team visited and investigated a number of U.S. state governments, courts, dealers, suppliers, potential investors, management and staff of the U.S. involved in the Juping Pavilion FF car and so on. The car conducted a field survey and 360 degrees measured, completed the heavyheaded is also the history of the most complete Jiayinting American repairer and assets survey.
Although a lot of reports were sporadically made by the outside world, there is still a lot of fog around Jia Youting and his U.S. repairer program. The media team at Titanium Media conducted a survey on the three core parts of the system, In the survey, we also found that for the first time since Jia Yunting started going to the United States for domestic political turmoil, Jia Yueting started a series of investments in the United States, including real estate, land , Equity investments and repairers, etc. Although it has always claimed that it has invested over 10 billion in FF and is somewhat unmatchable in total, these assets have now been almost or been transferred or mortgaged multiple times, Look, Jiayue Ting personal name, almost impossible to find a valid asset. Below, we try to objectively and fully disclose all our findings.
Asset puzzle: Jia Yunting vote to the United States where the huge sum of money?
According to Jia Yunting, who disclosed for the first time in an open letter of November 2016 and subsequent references, he has invested more than 10 billion in making cars in the United States, which is also an important factor in his questioning by the public. He has seen almost the progress and investment now made in vehicles Related factories and cars, people will spontaneously ask: This really spent more than 100 million? So where did the money go?
To figure out this issue, we must be able to answer two basic questions: what is the dazzling investment in the past three years, what real investments have been made in the United States, how much money they have spent, and how much these investments are now worth As of now, how many assets are there in the United States?
We can not know as clearly as the official foreign exchange administration when and how foreign exchange flows, but from the public reports and informants clues, field investigations, still can pass the legal documents, affiliates and various aspects of the transaction verification, get an overseas asset Jiayeting overseas Portrait of the circulation.
First, more sets of luxury, all have been changed
Jiayue Pavilion is located at 7 Marguerite Dr, Rch Palos Vrd, CA 90275 and is home to Jia Yueting who bought it for $ 7 million in the name of Ocean View Drive Inc. and occupies single family residential. Ocean View Drive Inc Behind the control of Jiayue Ting, the following two screenshots can be seen that the company was founded on August 26, 2014, and the villa was purchased in the name of the company Ocean View Drive in the month of the establishment of the company.
7 apartment purchase record
Ocean View Drive was established on August 26, 2014. The company's common office is located in the R & D headquarters in Los Angeles and apartment 7 in FF Farrell Futures (also referred to herein as FF).
In addition, the actual owner of Ocean View Drive in the purchase of real estate is Jiayue Ting, but from the recent changes, the actual controller chart below shows that after Jiayue Ting, the controller of the company became Deng Wei, until now has changed to Deng Chaoying, while Deng Chaoying also served as president of the company.
Ocean View Drive Inc. and Jiayue Ting and Deng Chaoying, Deng Wei. On the bright side, Jiayue Ting is no longer the company's owner.
Jia Yunting netted five sets of mansions in the United States, according to titanium media in the United States found evidence of real estate platform, a total of five real estate also verified, namely 7, 11, 14, 19, 91 villa in the statutory The affiliation, indeed belongs to the assets purchased by Jia Yueting through Ocean View Drive Inc, the total purchase price of more than 25 million US dollars.
The property information states that properties under the names of Ocean View Drive Inc., Nos. 7, 19 and 91, are all occupied as Single Family.
Second, a number of luxury for mortgage loans
Some of the multiple properties under the name Ocean View Drive were partially involved in a mortgage loan on June 29, 2017 with the loan company Hankey Capital, opening the homepage of the site and Ocean Drive's $ 7 million purchase of Villa 7 photo Appears in the homepage case introduction of this mortgage website.According to the website information, this asset security package has 4 sets of real estate and part of the block.The entire asset-backed loan amount is 19,700,000 US dollars.
On the homepage of the Hankey Capital homepage of the loan company, photo # 7 of Jia Yueting's villa and mortgage loan information
Titanium media found the concrete location of the four mortgages and were purchased time and price respectively:
In addition, it is quite coincidental that Wang Jiawei, the financial manager of FF Company, reported in his own name to acquire the properties near his villa at No. 7 in Jiayuenting in early 2017 and was mortgaged twice in October 2017, A total loan of 22.4 million US dollars, and the loan company and Villa 7, the same as Hankey Capital. Wang Jiawei source of funds for the purchase is unknown.
Through multiple mortgages, these villas received a total of more than 42 million U.S. dollars in loans, while the recent Wang Jiawei's mortgage time, in October 2017, is also a FF executives infringement, the former CFO proposed to leave, saying that the account has no wages Time, according to media reports, did not know where, Jia Yueting turn a sum of money to the FF company account, maintaining the company's operations.
Third, Lucid Motors's equity status quo
Some US media reported that as early as 2013, Lucid Motors previously won the B round of financing has been 'burn', the round of financing participants are Silicon Valley venture capital firm Venrock, Japan's Mitsui & Co., Ltd. and Albatron venture capital; thereafter By the beginning of 2014, BAIC invested in Lucid Motors; in July of the same year, Jiayue Ting invested about 70 million yuan, but at the time, Jia Yunting was well invested in the name of individual or music, but according to Jia Youting and FF, Information, Lucid is a personal investment in Jiayue Ting, currently holding Lucid Motors equity at least 200 million US dollars.
However, NBD Automotive reported that Beiqi invested 100 million U.S. dollars in Lucid Motors' C round of financing with a shareholding ratio of 25.02% in January 2014. By 2015, Beiqi will transfer all its shares to Jiayue Pavilion, which will become Lucid Motors largest shareholder, the shareholding ratio reached 40%.
According to US media reports in July 2017, these Lucid shares have been sold, the price of about hundreds of millions of dollars.
Four, FF Los Angeles headquarters building, has been mortgaged
As the most obvious asset for Joyce Yu and Fargo Futures (also referred to herein as FF), FF's Los Angeles headquarters building is located at 18455 S Figueroa St, Gardena, CA 90248. According to Titanium Media's inquiry, the location of the address and The two most recent transactions for additional buildings took place on August 12, 2014 and September 7, 2016. According to contractual documents held by Titanium Media, the contract documents found that on August 12, 2014, 18455 S Figueroa St Land And the building was actually LETV ENV INC. (Hereinafter referred to as LeTV) According to the plots estimated at the time of the plot, LeTV's purchase amount is about $ 13,250,000 August 2014 LETV ENV INC. Company changed its name to Faraday & Future Inc., the official owner of the FF company domain name.
LETV ENV INC. Changed its name to Faraday & Future Inc., Faraday Futures Ltd. (herein after referred to as FF Company) based on the block transaction time, and two years later, 2016 9 On the 7th, the latest transaction shows that LETV ENV INC., A company on the LETV ENV INC., Legally granted the new name that it had changed two years ago on the day that Farrell's future Company (also referred to as FF company.) Land ownership has also been changed on that day, which means that on this day, the ownership of the property law, the company's assets as part of the formal transformation of FF's assets.
Sept. 7, 2016, 18455 S Figueroa St, Gardena, CA 90248 The parcel was concessioned by LETV to Faraday Future, which immediately became FF's headquarters building, as shown in the two most recent transactional changes recorded on the parcel. Valuation of land plots point of view, the same music as the TV lectures granted to their renamed after the French music of the future, which does not involve the amount of the grant.
LETV ENV INC. Buy 18455 S Figueroa St, Gardena, CA 90248 Lot and outbuilding records.
Letv Television LETV ENV INC. Assigns to Faraday Futures (also referred to herein as FF) a parcel of 18455 S Figueroa St, Gardena, CA 90248 and ancillary buildings.
Based on the above materials, it can be inferred that, through the same business name change and fixed asset assignment in the same company, Future LeFlex (henceforth referred to as FF Company) acquired the assets of Los Angeles headquarters from LeTV, and subsequently, Affiliates are registered under this address.
And around July 2017, Los Angeles headquarters assets are mortgaged in return for rescue loans that keep the company in motion waiting for new investors to enter. "The Wall Street Journal reported on August 3, 2017 that the company, (This article also referred to as FF company) will be its headquarters in Los Angeles mortgaged to a company called Innovatus Capital Partners LLC of New York Investment Company, a total of $ 14,000,000 loan acquisition. Contrast the above Los Angeles headquarters block transaction information, FF Los Angeles headquarters block latest valuation (August 13, 2014) was $ 13.25 million, in line with the U.S. mortgage loan of $ 14.0 million reported by the U.S. media, matching the value of loan collateral.
Therefore, judging by the assets of the future headquarters of Faurecia in Los Angeles, the assets were granted to the renamed Fargo Futures Company (hereinafter also referred to as FF Company) from the music television company, and then the asset was secured as a collateral loan Obtained 14 million US dollars, Titanium media so far have not yet found a record of repayments and redemption of collateral, so until then, the assets should have no transaction value.
Five, Jia Yueting land in Las Vegas, has been mortgaged and not in the name of Jiayue Ting
The Apex Industrial Park land bought by JYV in Las Vegas is purchased through ROBIN PROP HOLDCO LLC.
ROBIN PROP HOLDCO LLC (also referred to herein as ROBIN) is registered in the state of Nevada in the United States and has been reported by several media outlets as the actual controlling shareholder of the company, but this company has also undergone changes since then. The head of the company has now been changed to Wang Jiawei (it is said Jiayue Ting), that is, Jerry Wang shown in the document picture.
Titanium Media From traders' information, Robin purchased Apex Industrial Park land from three companies, Libra Wellness, Canna America, and Three Cups Yard Real Estate LLC.
Libra Wellness sold 3.5-acre parcel for $ 380,811,000 to ROBIN PROP HOLDCO LLC on March 1, 2016.
Canna America sold 4.82-acre parcel for $ 700,000 to ROBIN PROP HOLDCO LLC by April 2016.
Three Cups Yard Real Estate LLC sold 5.89-acre parcel land to ROBIN PROP HOLDCO LLC for USD 566,779,900 by April 2016.
According to the Apex Industrial Park website, the AIP Park covers an area of 1,000 acres, or about 4 million square meters, of which 57,000 square meters, or 14.21 acre, were purchased by FF Affiliates for a total cost of 16.4759089 million USD.
ROBIN PROP HOLDCO LLC Business Information, Deng Chaoying and Wang Jiawei as the company's main manager, according to Titanium Media confirmed that these two are also FF two major executives of the car company, the two registered address information is the future of Farrell Company (also referred to as FF company) in Los Angeles headquarters building.
Six, asset inventory
In summary, the comprehensive inventory of the current status of the assets of Jiayue Ting in the United States, in addition to FF automotive intellectual property and other soft inputs other than the total investment in fixed assets and equity investment of less than 100 million US dollars, and now assets in addition to FF Motor Company equity, almost mortgage , Sell, etc. cash:
FF company, 1, Los Angeles headquarters building valued at about 14 million US dollars, but has been mortgaged for loans, pending redemption of the land .2, Jiayuenting by ROBIN PROP HOLDCO LLC company to buy Las Vegas Apex Industrial Park's three plots, valued at about $ 1.7 million. 3, FF's intellectual property, IP has a certain value, but the specific valuation can not be informed, from the back, with the 10 billion assessment is still a certain gap , Later will be detailed.
In terms of equity investments, Lucid Motors, which is held by Jia Youting, has invested about 70 million yuan and currently owns about 200 million U.S. dollars. These Lucid shares were sold in July 2017 at a cash price of about several hundred million U.S. dollars. Where, temporarily unknown.
In terms of real estate, Jia Youting bought the villas of No. 7, No. 11, No. 14, No. 19 and No. 91 through Ocean View Drive Inc. The total purchase amount was more than 20 million U.S. dollars, of which four were mortgaged and the loans A total of 19.7 million US dollars, but the Ocean company has been the master; Jiayue Ting's relatives Wang Jiawei bought the villa through the king's personal name, a total loan of 22.4 million US dollars in loans totaling more than 42 million US dollars.
In addition, the investigation, the rest of the media coverage of some of the previous investment did not eventually set up in Silicon Valley, LeTV US headquarters for the lease; 20 billion acquisition of the US TV producer Vizio project also aborted and eventually paid only 40 million US dollars in default Currently, Vizio has filed a lawsuit to the court, requiring LeTV Holdings to pay an additional 60 million U.S. dollars in damages.
Stock puzzle: FF car in the end is who?
According to the above, in addition to the FF automotive intellectual property, personnel inputs and other soft inputs, Jiayue Ting and its affiliates in the United States of fixed assets and equity investment, totaling less than 100 million US dollars. So FF car itself input scale The value of equity has become the most important part.
According to the U.S. media, The Verge, reported on December 28, 2017, three sources who knew the financial status of FF Company revealed that in early 2017, Jia Youting filed a lawsuit against Falira in the Cayman Islands, the future holding company Of the shares transferred to his nephew Wang Jiawei, Jiayue Ting is not the company's largest shareholder.Three sources believe that the move is to allow FF company assets to escape the legal implications of the debt may be caused by Jiayue Ting action.According to a number of FF Former employees revealed that in the Cayman Islands, a registered company, City of Sky Limited, controls the IP of Fargo Futures (also referred to herein as FF).
When the media will titanium news to Faludi's future global vice president Lv Zhengyu and other management to verify, Lv Zhengyu did not deny the news, just said FF company belongs to the boss's private assets, for Jiayue Ting equity disposal, inconvenient to interrogate But also do not know the specific details.According to Lu Zhengyu and titanium media in FF all company registration documents to see the material, Wang Jiawei himself, as the The Verge report said, at present still does CFO as FF company, is mainly responsible for Financial and financing business as Wang Jiawei really rumored to be said Jiayue Ting levy, Lu Zhengyu is not clear, but he admitted that Wang Jiawei is indeed a relative of Jiayue Ting.
The majority of FF's affiliates, Deng Chaoying and Wang Jiawei, hold senior positions in each of them. Deng Chaoying served as head of LeTV's US operations in 2013, and was primarily responsible for FF Automotive's operations in the United States. Spokesman in the United States.
Deng Chaoying's Linkedin Information To this end, Titanium Media specifically combed the French company Le Fono (also referred to as FF company) registered in the United States and Hong Kong affiliates, a total of 22 companies, produced the following table can be seen through the table In the pedigree of the entire FF car company, Deng Chaoying, Wang Jiawei, Deng Wei, David Wisnieski and Wu Meng are the main players under Jia Yueting. What is interesting is that FF registered similar companies in several U.S. states, However, when the media inquires these companies in detail, Titanium Media also finds that most companies have no actual business or actual value of the equity transactions from a single point of view.
Lv Zhengyu, vice president of Farrell Futures (FF), in his talk with Titanium Media, said: 'Our real headquarter is FF Global, which is registered in the Cayman Islands. Under this headquarter there is a brand in China and the United States, One called LeSee and one called Faraday Future.The intellectual property rights of both brands are in the same body. "FF PR executives also expressed similar meaning to titanium media, from the outset because of the need to spread, deliberately FF As separate car music, as Jiayue Ting personal early investment exists, Jiayue Ting himself is the founder of FF.This also means that, FF car and music car as a matter of fact from the very beginning is a main body.
About LeTV financing, there are all kinds of news in 2016. According to the official disclosure of music news, August 17, 2016, the new Hualian Group invested 50 million U.S. dollars strategic investment LeTV vehicles, the two sides signed an agreement in Beijing LeTV Building, Xinhua Fu Jun, Chairman and President of Alliance Group, Gao Da Gang, Head of Finance Department, Jia Yueting, Chairman of LeTV Holding Group, Shi Peng, President of LeTV Eco-Real Estate and Lv Zhengyu, Vice President of LeTV Automotive attended the signing ceremony.
On the evening of September 19, 2016, Jia Yuanting announced that the first round of financing of the $ 1.08 billion Le Music Supercar has been completed. The investors include State Grid's Anglo Chinese capital, Shenzhen Municipal Government Investment Platform Shenzhen Venture Capital, Legend Holdings, Minsheng Trust, Xinhua Union As well as macro-fund and other agencies.
However, the titanium media to Lenovo Holdings, Shenzhen Venture Capital and other agencies to confirm the above investment matters, were negative responses. 'I do not know why, when not cast, they say so.' An investor Titanium media have so reply.
Lv Zhengyu also admitted that the company is still a family-owned company of Jiayue Ting, there is no other shareholders for the time being part of the investment funds as a form of convertible bonds.According to the US financial media reports, by the end of 2017, FF company has 350 million US dollars can be transferred Debt expires, facing repayment pressure.
In the article quoted by the U.S. media The Verge as quoting sources that Jia Youting transferred the shareholding of FF Holding Company to his nephew Wang Jiawei, he mentioned that the company to which the equity interest belongs is Faraday Future Holdings Limited, a company registered in the Cayman Islands in 2015, , FF FF FF headquarters of the real. That is Jiayue Ting I may nominally transfer the shares to Wang Jiawei, there may still be in other holding companies exist in FF's overall business control.
Although the Cayman Islands registration information is nowhere to be found, but through the titanium media visit is sure that the FF system, corporate layout and stakeholder interests, control of network design is very complex, there is no single line of interest binding, there are thousands of entities exist Lost connection.
Titanium Media also learned from a number of investors in-depth investment and financing with FF office was informed that FF financing has been difficult to promote, there are two important factors: First, the individual has been bankruptcy, and his words from the beginning of the confusing, And later did not have credibility, greatly affected the FF's actual control of the company's financing progress; Second, the entire FF company's shareholding structure is extremely complicated, multiple changes in the transfer, Cayman Islands company shareholders is unclear, it is difficult to determine whether Involving more interest, debt and debt relations, but also to become the main part of the company 'can not be invested in the basic conditions'.
According to the multi-media understanding of Titanium Media, in 2016, Jia Youting indeed negotiated with many domestic bigwigs about the financing of related auto vehicles. However, none of them have yet landed. So far, a new round of financing has not been completed yet. As investors rumors of frequent speculation in the second half of 2017 , Such as the acquisition of Ali investment, Wanda Investment, Hong Kong suspected Li Zekai investment, investment in Thailand and so on, are ultimately proved to be publicly denied by the parties, and as 'wolf' in general, has greatly affected the reputation of Jiayue Ting's continued financing so that many big guys Avoid it.
In mid-January of this year, FF management once again confirmed to Titanium Media that FF has just made significant progress in financing and the money owed to the suppliers has started to be announced at the right time, but Titanium Media hopes to further verify the details and hope Find suppliers for certification, have been declined.
At the same time, FF and LeTV America also face high debts. In addition to the $ 350 million maturities of convertible bonds and the remaining $ 40 million in multi-unit real estate mortgages and guarantees, a large number of suppliers arrears, Vizio 60 million US dollars claim and so on.
It can be expected that the above-mentioned stakes in these shares, debt-ridden factors, will also greatly affect Sun Hongbin expectations FF equity stake in the actual progress.
Made fans game: FF91 in the end how much gold?
In 2017, it was the 'lost year' of FF cars, which took off the avant-garde glory of the real FF91.
The United States Las Vegas local time January 10, 2018 at 7:30 am Xu, fine weather .Titanium media survey team saw the FF91 in the suburbs of Las Vegas.With different from last year, this 2018CES exhibition, FF did not enter the exhibition area as a exhibitor, but to off-board test ride, close static display of the way presented to the public as a long time the focus of public opinion, FF91's "accidental" many media surprised, Are actively in the car can only see the appearance of the case, the latest FF91 report dissemination.
A large number of manuscripts of FF91 new species appearance at CES and a year ago (January 2017) Jia Yueting's FF91 appearance at CES was once again turned out to be widely publicized and the FF91 new species appeared on CES again.
However, the fact is, FF91 did not participate in CES in 2018, Jiayue Ting did not appear.Only FF's marketing department in the Las Vegas CES venue next to the roadside parked a short car, and invited some of the media for a test ride , Titanium Media also carried out a test ride on this car, the performance and progress of the development carried out a detailed understanding.
At the CES show in Las Vegas on January 4, 2017, Jia Yuetting brought the FF91, which was honored as a production model for the first time, to debut at that time. January), titanium media reporter also observed that paragraph FF91, due to not allowed to test drive on the road experience, are not allowed to enter the car pictures, titanium journalists only in the window profile observation showed the prototype.
This time this year, was brought to Las Vegas, FF91 did not release any new selling point and upgrade updates .All this on the FF91's public coverage, is still quoting last year's data and promotional caliber .Whether the car in the paper The face of a year in the state of stagnation, but a year later, titanium media team a year ago, promotional selling points and parameters in the cash survey today, there is still real value.
FF91 side shot
First, the shape design
FF91 last year's CES publicity, highlights include cross-car 5, 250x2, 283x1, 598mm, wheelbase 3,200mm wide body size; around the middle of the body 'UFO line'; across the front of the matrix LED headlight and Interactive array light display system can interact intelligently with the external environment, with open door design, can be automatically turned on and off, the lights are all LED lights, the role of lighting is not limited to lighting, but also with the owners, passers-by for information exchange.
First of all, from the body size, the FF91 observed by the titanium media does exceed the size of most SUVs and EVs available in the market, with no problem in terms of size, resulting in increased battery pack space and increased cruising range , And considerable interior space, the back seat passengers will have plenty of room for legroom.
Second, the real car appearance with a year ago did not change the design element is still very sense of science and design sense, this black paint FF91 first glance will fully grasp the user's eye, the use of matrix LED headlamps and each other Light array system significantly enhances the car as avant-garde qualities of electric cars.As advertised, all light sources are used LED.
Lifting 3D laser radar is always not turned on, the interactive array light display system is always in the normal light state
However, as an exterior styling vehicle, the titanium vehicle experience prototype did not observe the interaction of the interactive array lighting system with vehicle owners, pedestrians and the external environment.
In addition, the design of display light that interacts intelligently with the outside environment today has been adopted by many brands of electric vehicles a year later, and after a year has passed, this is no longer the bright spot of an electric smart sample vehicle.
This FF91 with open door design, the use of physical buttons on the door outside the window to open the door, open the door feel more rough jerky, perhaps because there is no reason for the interior and the corresponding details of the work. Automatically open and close the door function Seen in the face recognition and induction into the other electric concept models have been widely used today, FF91 in this one, and stagnated a year's opportunities, has lagged behind.
Second, the dynamic performance
Dynamic performance has always been a selling point for FF, which is related to the early founding team FF introduced to the United States well-known automobile kinetic energy as vice president of cattle from our actual test, the performance is indeed commendable, but still in the publicity Some misleading.
Last year's promotional copy, FF91 multi-motor design, with the world's highest peak power, the peak power of up to 783 kilowatts, 1050 horsepower, the peak torque is more than 1800 Newton meters. Built so far the world's largest single cell Energy + battery pack maximum battery density, battery pack total capacity of more than 130kWh, a charge of driving range of more than 700 km, surpassing all the production of electric vehicles. Even the acceleration of performance, FF91 0-60 miles acceleration It takes 2.39 seconds to reach the maximum torque output within 50 milliseconds, surpassing all mass-produced electric vehicles.
First of all, this time to see the FF91 engineering sample car did not allow the titanium media to test drive, but test ride. There is no way to first-person way to fully verify the car's driving feeling .239 seconds of paper 100 km acceleration performance The driver did not let us really accelerate from a standstill to 60 mph in a moment. The FF91, which was called "test-specific and cruise-capable," failed to find data that recorded acceleration of 100 km The car also did not have field conditions to drive to the horsepower, the value of horsepower can not be measured.
We only accelerated from 20 miles per hour to 60 miles on part car-free highways from the point of view of the ride. Feeling that the FF91 was the obvious back feel as an EV at this level, it had an instantaneous acceleration much faster than a typical car Performance.However, electric vehicles and general fuel vehicles even more than 100 kilometers super-acceleration ability to accelerate is not fair and unscientific.Electric motor can instantly burst out the maximum power of the physical characteristics of the combustion engine is required to do the work of the engine physically unable Compare.
The outbreak of the front section is the natural advantage of the motor, and the high-speed torque explosion of the rear section is the physical superiority of the super-running of the gasoline engine over the electric motor.On the other hand, many manufacturers use the EV to compare the gasoline vehicles to reflect their own performance Superiority is a very unfair practice, to a certain extent, the promotion of uninformed consumers.
Secondly, titanium media team had long drive Tesla Model S P100D, visually contrast, Tesla Model S P100D violent mode of acceleration and no difference between this FF91.But 2.39 seconds acceleration ability in this test ride Conditions, can not be accurately tested.
In contrast, Tesla Model S P100D in the intense acceleration, riders experience smoothness, quietness and stability, significantly more than this FF91. In sharp acceleration FF91 moment, titanium media researcher sitting in the copilot It was a very clear squeak from the back of the car and we immediately asked the test engineer who was driving the FF91, what is his voice? He replied that it was tire noise when violently accelerating, but in our experience, Sila Model S P100D, or gasoline super-run, in the case of the same intense acceleration, fetal noise is not the case, but also did not produce such a harsh sound like this FF91 sound. Specifically what is the sound, how to deal with It is unknown.
Lastly, 'One charge lasts more than 700 kilometers, surpassing all existing mass production EVs and is more than enough to fly from Los Angeles to Silicon Valley at a constant speed of 55 mph (89 km / h) with a range of 482 km. 'This is the statement in January last year by asking the test driver engineer FF91, he also said that have the ability without a reporter for a long time the real environment test drive experience, the so-called mileage is often car prices The theoretical figures given in a very good driving environment are used to advertise and there is bound to be a big deviation in the real user experience.A release of the so-called production car for a year has so far not allowed test drive validation and we naturally can not prove this value or Falsification.
Titanium media researchers hope to open the FF91 cover, observe the main components of internal vehicles and alignment, was FF staff time to refuse politely refused.
Third, the interior situation
During the CES 2010 in Las Vegas in January 2018, the FF91 put on trial by the media did not have any interiors at all and stressed that the media could not photograph and spread the interiors. Eye car shell All internal facilities are for engineering test preparation, do not have the so-called mass production car complete inside and outside the integrity.
As FF staff stressed that the interior pictures can not be reported, we do not disclose the relevant interior conditions, only the driving state of the front seat of the disclosure.
Last year's introduction, the 'FF 91 is equipped with' Zero Gravity Seat 'inspired by NASA research and a host of cutting-edge technologies such as Smart Privacy Glass, HD CCTV Touchscreen, and Modular Smart Rear View System with the ultimate rear seat experience Entertainment system.
First of all, as far as we can see, all the seats in the interior are from Recaro, a performance car seat supplier, which is loved by many ordinary modified car owners. The steering wheel also comes from modified parts that resemble a luxury brand performance car Steering wheel, just affixed to the FF's LOGO.
Second, the car without any skin cover, a few lying in the cabin of the roll cage exposed in front of the occupants. Steering wheel and dashboard connections, the internal alignment bare, the steering wheel in front of the liquid crystal display Show the test-related data and code.
Armrest front position, is a temporary installation of the button control, HV, EPS, ESP, and even vehicle speakers and other function keys are placed here
The overall feeling of comfort to a word, 'panic everywhere.'
Finally, the original announcement said that FF 91 allows users to enjoy the conveniences and pleasures of the Internet - navigation, entertainment, social networking, shopping, office and online updates, as well as multi-screen real-time connectivity based on the speed Internet and cloud platform. Features can be controlled by voice or touch screen in the most optimized and safest way, eliminating the need for the user to operate the car with his / her own mobile phone. Featuring state-of-the-art smart features such as unmanned valet parking and facial recognition.
What we see is that only the intelligent backsight system can be used normally, the rearview mirror system is divided into three screens, showing the real-time images of the left and right rear and the rear, respectively, while the central control screen has never been opened before and can not experience any interaction And network of smart features. Large-screen shape design and production feel is also relatively rough, completely unlike a high-end electric car quality.
In the car, the so-called voice interaction, facial recognition module also can not be used.Based on the control of large-screen multi-screen Internet, navigation, social networking, shopping, entertainment, office and other functions, in a dark big screen, nothing can feel .
According to the FF market and media executives, the current FF91 project like a total number of vehicles in the 20-30 units, some of which already have the interior, these cars have an interior in Los Angeles did not bring Las Vegas Sri Lanka, but we throw the same questions to the test drive FF test engineer, who joined the FF more than two years from Toyota to quit, mainly responsible for power, electric performance, battery life test Japanese engineer said 'There are currently 12 test sample vehicles in Los Angeles, one of them.'
The test ride, FF company is mainly responsible for power, electric performance, battery life test Japanese engineer
The test engineer also said that they now test FF91 every working day. Different teams test their respective functions on different FF91s in different subjects. The power and cruise test subjects he is responsible for have run over this car for more than 5000 miles.
As a production model that has been released for a full year, a car that primarily tests performance, electrodynamics, and cruise capability seems to run out too miles (5000 miles) if it is tested daily.
Titanium media asked the person in charge of FF public relations, whether as the mail has been communicated in December, as titanium media reporter went to the FF Design Center in Los Angeles to visit and watch the FF-like car with an interior, and the relevant actual testing process, will not be guaranteed FF official PR official expressed apology, also declined the visit request, 'Even in Los Angeles, these interior FF91 can not show you, these cars are doing upgrades. In addition, recently we Los Angeles factory and design center is also temporarily inconvenient to invite the past to visit. We will make another appointment later, we must invite the first time.
As for why FF91 released after a year still not to show the interior, can only look at the appearance of the problem, the official said that a new car has more than 1,000 product highlights can be released to a one-time complete display of the product can not All the highlights are attractive enough, so this time only show the appearance, on the interior products and smart driving features such as the show will be gradually demonstrated later, specifically when to show the remaining things, he did not give an answer.
In the vast majority of traditional OEMs and emerging car companies contacted by the media team at Titanium, test-drive demo demonstrations such as FF91, which have been defined as mass-produced sample vehicles, are basically based on exterior, interior and basic selling point functions (This CES, part of the participating car brands mass production concept car, test the basic aspects of a comprehensive display of interior, appearance and intelligent features.) Moreover, FF91 is a release of a Year-round car, based on the appearance of CES show last year, this year should be some progress why this year still stay in the show appearance?
For the titanium media these questions, the responsible person's reply is that 'each manufacturer has its own program of communication and promotion, and other ways do not necessarily fit FF.'
Fourth, smart and driverless
Last year's promotion was that 'the FF91 is self-learning and more intelligent on the go, and it's also incorporating the real road conditions, such as adapting the sport mode to the haul and the drive system, which is what you need to earn.'
In our experience, we were only on the road and had a rather hanged suspension, and did not experience the ability to adjust the chassis suspension and drive mode to different road conditions, nor did we see buttons and interactive portals that used these features.
In terms of driverlessness, the level of last year was' FF91 has a higher level of active safety technology and the vehicle is equipped with up to 30 sensors such as camera, ultrasound and lidar. Among them, 3D laser radar is designed for lifting and working Will automatically rise and the ring light will blink Unattended valet parking function Valet parking mode is FF91 highly intelligent embodiment, the live demonstration, it can automatically search for vacant parking spaces, and precision into the parking spaces. '
The titanium media test-drive FF91-like car, do not have the automatic driver function, let alone on-site demonstration.Lifting 3D laser radar has not opened, rising, we also doubt whether there is really equipped with 3D laser radar. The autopilot sensor hardware, which can be viewed from the surface, is certainly far less than 30, and some may not be found buried in the skin material of the shell. In any case, for this FF91, any ability other than manual driving is irrelevant Start.
In addition, this FF was referred to FF FF91 talk about the interior, only focus on driving performance test FF91, has failed to make the media actually sit in the driver's seat even stepped on the door, very sorry.
Fifth, review
A year ago, CES 2017 and FF91 'are the world's first Internet eco-electric vehicles that combine the strongest power performance, seamless connectivity and safety intelligence in the world.'
A year later CES 2018, almost all the parameters of the selling point has not changed, but out of a FF91 'shell experience' of the car, so that the media and the public think this car is mass production soon.
'The first batch of subscribers to the car is expected to get a real car by the end of 2018 and early 2019.' This is the latest commitment of FF personnel to reporters.
Speaking of mass production will be able to have the financial capacity, the supplier stable cooperation, the reality of manufacturing factories and workshops and other infrastructure.Remember that piece of abandoned so far, already six months FF Los Angeles factory.Titanium media reporter asked the FF market and the media leader, Why then was the capital shortage but also in the suburbs of Los Angeles to buy factory land and has been vacant?
The person in charge also quite helpless to say, 'had to do this thing, and pushed it down, there must be some supporting capacity on paper and appearance. Vacant because really did encounter last year, financing difficulties FF, then there is no Money will put the factory in operation immediately.
About the factory's latest situation, the responsible person disclosed that the formerly vacant FF Los Angeles factory, which has now been hired online, probably started the operation in the first quarter of this year and plans to move the equipment into operation by the end of January and put it into production However, we can not answer the question as soon as we ask about the specific timetable and progress.
Is there a groundbreaking ceremony?
When can I visit?
'Recently there have been a number of new investment came in', in a separate meeting with reporters in the titanium media, FF executives revealed that 'the use of these funds, suppliers, we are gradually paying back the debt to restore cooperation.'
As for who voted the money, how much investment, when to vote? 'I really can not tell you now'.