Jia Yueting has spent over 20 billion yuan on making cars

Matthias Aydt, CEO of Faraday Future (FF), revealed in an open letter that FF has invested $3 billion (about 21.59 billion yuan) to build electric vehicle platforms, I.A.I technology, product development and manufacturing capabilities. He said that FF has the foundation to support future development, but still needs to obtain additional funds. FF has completed the delivery of 10 FF 91 2.0 Futurist Alliances, which means that Jia Yueting has only delivered 10 cars in 9 years of car manufacturing, one of which belongs to FF founder Jia Yueting himself.