Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company today announced that it has secured $41 million in new cash financing commitments. The Company expects to use the net proceeds to accelerate the Company’s growth and development, including for general corporate purposes, the continued advancement of the Company’s FX brand and the execution and advancement of strategic projects to achieve the Company’s target of rolling out the first FX vehicle by the end of 2025, AI development, including research and development and testing of end-to-end autonomous driving capabilities, focusing on the three key AI directions outlined in the Company’s previous AI announcements, as well as AI talent acquisition and infrastructure building, recruiting AI-related top talent, building essential infrastructure and forming capital partnerships.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Jerry Wang as President of FF. He will report directly to Global CEO Matthias Aydt and Founder & Chief Product and User Ecosystem Officer (CPUO) YT Jia.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is scheduled to report its fourth quarter and full year financial results for 2024 after market close on Thursday, March 27, 2025, and will hold an earnings call at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time) that same day.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first two FX 6 camouflaged prototype mules arrived at the Company’s U.S. headquarters in Los Angeles. The FX 6 concept is part of FF’s broader Faraday X (FX) product strategy aimed at delivering Advanced Intelligent Electric Vehicles (AIEVs) to a mass-market audience. The camouflaged prototype mules will start an initial three-phase testing and validation in the U.S., ensuring that they meet FF’s high standards for performance, technology, and user experience.
Faraday Future unveils AI strategy, products, and technology at Open AI Day. Launches Future AIHER, aims to commercialize AI-driven range extender systems for EREVs.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it held its first Open AI Day covering FF and FX’s AI strategy, products, and technology, and also announced the establishment of Future AIHER, the world's first AI hybrid extended-range electric powertrain system company, focusing on designing and developing two key products: a super AI hybrid extended-range system (AIHER) and a super AI extended-range system, along with comprehensive powertrain solutions to support them. An AIHER system would be a fusion of hybrids and range extenders, primarily range-extended with hybrid drive playing a secondary role. This newly formed subsidiary of FF is dedicated to the commercialization and development of AI-driven range extender systems for Extended Range Electric Vehicles (EREVs).
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Univest Securities, LLC, a boutique investment banking firm located in New York City, has signed a leasing contract for an FF 91 2.0. This paves the way for both FF as well as the potential for future FX models in the East Coast, which includes the world’s leading financial hub. This first New York delivery to Univest is scheduled to occur by the end of this March.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Wensheng Chen to be in charge of plant operations and manufacturing quality at the FF ieFactory California. Chen will oversee the quality of FF’s manufacturing operations for the Company, working with various teams at FF to enhance the performance and quality of its products and mass production, including the FF 91 2.0 and potential future FX models.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will enter the growing New York State EV market with the FF 91 2.0 and, later, potential future FX models. The Company will offer premium leasing services through a strategic relationship, focusing on flexible lease terms and tailored solutions for its future users in the New York marketplace. This announcement follows the Company’s plans to open an office in the New York Metro area to support FF’s Investor Relations function.
