(Text/Peng Kefeng) As new car-making forces such as Weilai and Xiaopeng are going public to make money, FF, formerly owned by Jia Yueting, has also reported some new trends. Recently, FF announced that Faraday Future has obtained a US$45 million debt financing loan, equivalent to approximately 300 million yuan. The loan was allegedly provided by two major financial institutions in the United States.

At present, the outside world does not know the details of these two financial institutions, but it is said that one of them has previously participated in FF’s early investment projects. However, in terms of the amount, 300 million yuan is not high. Compared with the tens of billions of financing raised by new forces such as Xiaopeng, this amount of money will not actually play a big role in the future of FF.

However, according to Faraday Future, its IPO plan is progressing smoothly, with relevant support provided by American investment bank Stiffel and Sidley LLP. It is said that FF plans to go public through a backdoor merger.

It is worth noting that Jia Yueting is no longer the person in charge of FF, but he is still inextricably connected with it. Previously, Jia Yueting had declared personal bankruptcy, but the proceeds generated by FF will be used to pay his debts. If FF can go public and release a mass-produced car, there will obviously be a glimmer of hope for Jia Yueting's creditors. However, judging from the current situation, FF is still far away from success.

This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.