The FF 91 Futurist Alliance was sold out on July 25 after it began accepting pre-orders last week, according to information on Faraday Future's (FF) website.

The FF 91 Futurist Alliance is limited to 300 units worldwide and requires a deposit of 50,000 RMB ($7,712) in China and $5,000 in the US.

The FF 91 Futurist Alliance has 1,050 horsepower and a 0-60 mph acceleration time of less than 2.4 seconds.

FF did not reveal the model's price, but media reports said it will cost $280,000 in the US and about RMB 2.8 million in China.

In addition to the FF 91 Futurist Alliance, the FF 91 Futurist is also available for pre-order with a deposit of $20,000 in China and $1,500 in the US.

FF 91 is "coming soon", according to FF's website.

Faraday Future says one version of FF 91 has sold out of all available capacity-CnEVPost

According to several media reports, FF 91 is positioned as a luxury car, with a price tag of $200,000 in the US and RMB 2 million in China.

FF is an electric car company founded by Jia Yueting, an entrepreneur who filed for bankruptcy in the US in October 2019 after accumulating billions of dollars in personal debt.

On July 22, FF was listed on NASDAQ under the ticker symbol "FFIE" with an offering price of $13.78.

Before FF began trading on Thursday, Jia said, laying out the company's two-phase goal, saying the first phase is to achieve disruption of traditional ultra-luxury car brands such as Maybach, Ferrari and Bentley with the FF 91.

FF's second phase aims to become one of the mainstream high-value user market leaders as more models are launched.

Faraday Future goes public in US, aims to disrupt Ferrari, Bentley