Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FX 4 Product Execution Plan Announced, will be the First Potential Model Under the FX Brand Designed for the Volume Market

Core Insights - Faraday Future announced the product plan for its second model, the FX 4, which is designed for the volume market, particularly targeting the under $40,000 segment [2][5] - The FX 4 aims to disrupt the traditional SUV market by offering a compact 5-seat SUV with both battery electric and AIHER versions, catering to a wide range of consumer needs [5][7] - The company is preparing for the FX Super One Middle East Final Launch event on October 28, with first deliveries planned for November [2][12] Product Development - The FX 4 is positioned to fill a significant gap in the U.S. auto market, where New Energy Vehicle penetration is only 8%, compared to nearly 50% in China [7] - The FX 4 is expected to enhance the U.S. AIEV industry transformation through its competitive price-experience ratio, leveraging China's supply chain advantages [7][8] - Upcoming activities include the announcement of the FX 4's design rendering on October 28 and its first unveiling at the LA Auto Show in November [9] Market Strategy - The FX 4 is designed to be a mass-market product, targeting a broad consumer base and aiming to reshape purchasing choices in the U.S. [5][8] - The company believes that its Co-Creation Ecosystem Online Direct Sales model will drive momentum for the FX 4, aligning with its Blue Ocean + Blockbuster Product strategy [6] - The FX 4 is seen as a key product to capture the blue-ocean market segment under $40,000, following the success of the FX Super One [8][9] Partnerships and Collaborations - Faraday Future is collaborating with Pinnacle, a major real estate company, to deepen its "Luxury Car + Luxury Home" model [10] - The company will participate in WETEX 2025 in Dubai, showcasing its products to influential figures in the sustainable energy sector [4][12] Financial Outlook - The company announced a $30 million investment in QLGN, with expectations of over 100% unrealized gain based on market response [11]