Faraday Future Begins Production of the First FX Super One Pre-Production Vehicles at Its Hanford Facility, Nears Completion of the Bridge Closure for the Company's Global Automotive Industry Bridge Strategy

Core Insights - Faraday Future has commenced assembly production of the FX Super One MPV pre-production vehicles at its Hanford, CA factory, with a ceremony for the first vehicle scheduled for December 21 [1][3] - This production milestone signifies the near completion of the Bridge Closure strategy, which encompasses a closed loop of supply chain, testing, logistics, customs clearance, and production [1][8] - The FX Super One is designed as an affordable mass-market MPV, featuring a spacious interior, advanced technology, and multiple powertrain options [9] Production Details - The assembly process began following the arrival of nearly 3,000 parts per vehicle needed for the first batch of FX Super One vehicles, which will be utilized for testing and marketing in the U.S. [3][6] - The Hanford facility, named "FF aiFactory California," has seen approximately $300 million invested and is expected to produce over 30,000 FX vehicles annually with further investment [7] Strategic Goals - The production of the FX Super One is a critical step towards achieving the company's broader goals, including validating the Bridge model's feasibility and strategic value [1][8] - The pre-production process will involve testing all aspects of vehicle assembly, including parts logistics and personnel training, to ensure operational efficiency [8]