On June 26, FF founder, partner, chief product and user ecosystem officer Jia Yueting published an article on his personal Weibo " I hope the value accumulated by FF will explode as soon as possible". Volkswagen announced an investment of US$5 billion in Rivian, shared his personal views.

The following is the original text of "I hope the value accumulated by FF will explode as soon as possible"

Today, Volkswagen announced an investment of US$5 billion in Rivian. Among them, US$3 billion was used to purchase shares of Rivian's listed company, US$2 billion was used to establish a joint venture, and the first batch of US$1 billion was invested in the form of unsecured convertible bonds. This investment once again set off discussions on the investment value of the AI ​​EV industry, and Rivian's after-hours and night trading surged.

The opinions shared below are my personal opinions and do not represent the views of the company.

This is indeed big news for the industry. It proves that we must continue to work hard to release the unique value of FF as soon as possible.

I believe that Volkswagen Group’s heavy investment in Rivian is mainly based on the following five reasons and value returns,

1. Advanced vehicle electric platform and software technology and feedback to the Volkswagen Group;

2. Electric pickup truck models and SUV models;

3. The unique value of American AI EV companies;

4. The United States is the largest blue ocean market for AI EV;

5. Volkswagen’s 5 billion investment in Rivian may bring huge capital returns. This is a very smart investment product design, pricing model and payment rhythm, which is very beneficial to Volkswagen. Maybe Volkswagen only needs to invest the first 10 With US$100 million, it is possible to obtain returns several times over, and the money earned may be enough to invest in the next US$4 billion. This is also the super capital value cultivated in the soil of the American AI EV industry.

Once again, traditional automobile giants have made huge investments in emerging AI EV companies, which made me more convinced of FF’s strategy and value.. I think FF has a more cutting-edge aiHyper 6*4 Architecture 2.0 intelligent electric vehicle platform, as well as unique AI platform and software technology.

Rivian's models focus on the tower waist market. Different from Rivian, the FF model planning will have a larger blue ocean space:

The first is FF's top models and top market, and the second is FF's bridge strategy of second-brand high-volume models and the mass market.

FF's current capital market value and real value are completely deviated from each other in the market.

This investment also further proves the huge potential of the American AI EV market, and the leadership of technology and products is sought after by global giants. It was also an important reason why I chose to start FF in the United States at that time. We will definitely continue to work hard to unleash the huge potential and unlimited possibilities of FF as soon as possible.

Editor: Wu Haotian