Faraday Future(US:FFIE) Feng Huang Wang·2025-04-27 02:14Core Viewpoint - The interview with FF founder Jia Yueting highlights the company's shift from a heavy capital model with the FF91 to a lighter capital approach with the FX project, emphasizing the differences in production strategies and operational focus [1][2]. Group 1: Production Strategy - The FF91 was produced using a self-manufacturing model that required significant capital investment, which was challenging for the company due to its high-end positioning and complex manufacturing requirements [1]. - The FX project adopts a light capital model, focusing on supply chain integration and production capacity through a "bridge model" that collaborates with partners while complying with U.S. tariff laws [1]. - The complexity of manufacturing for the FX project is significantly lower than that of the FF91, as it primarily targets mass-market vehicles [1]. Group 2: Comparison with Huawei's Model - Jia Yueting acknowledges similarities between the FX strategy and Huawei's smart selection model, particularly in the integration of resources, but emphasizes key differences in production responsibility [2]. - Unlike Huawei, where the main factory handles production, the FX project will maintain production control within the company, ensuring independence in brand communication, marketing, and user operations [2]. - The FX model aims to leverage successful industry experiences while creating unique features in product technology, AI empowerment, manufacturing capabilities, and user ecosystem development [2].