Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FF Completes its “Dual Flywheel, Dual Bridge, and Dual Listed-Company” Structure; First batch of FX Super One Complete Sets of Components to Arrive at Port of Long Beach Next Week
Globenewswire·2025-11-24 00:34

Core Insights - Faraday Future Intelligent Electric Inc. is participating in the LA Auto Show with its FX Super One and FF 91 2.0 models, inviting attendees to experience ride-alongs and place preorders [1][7] - The company has completed a significant transition, becoming the controlling and majority stockholder of AIxCrypto Holdings, Inc., marking a new strategic direction [4][5] - The establishment of a "Dual Flywheel, Dual Bridge, and Dual Listed-Company" structure is expected to enhance growth opportunities across both electric vehicle (EV) and cryptocurrency sectors [5][6] Company Developments - The FX Super One is entering the pilot build and pre-production phase, with the first batch of components arriving at the Port of Long Beach [7] - The company aims to redefine mobility through AI innovation, focusing on user-centric and technology-first approaches in the automotive industry [8] - Faraday Future's flagship model, the FF 91, represents its vision for luxury and performance, while the FX strategy targets a broader market with more affordable offerings [8] Strategic Importance - The partnership with AIxCrypto is anticipated to create a new growth engine for Faraday Future, enhancing capital, technology, and user ecosystems [6] - The integration of Web3 capabilities into the existing Web2 framework is expected to drive significant growth and transformation for the company [5][6] - The company remains one of only four new-generation EV manufacturers based in the United States, highlighting its unique position in the market [4]