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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
Globenewswire· 2025-12-10 02:51
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]
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
Globenewswire· 2025-12-10 02:51
Core Insights - Faraday Future has commenced assembly production of the FX Super One MPV pre-production vehicles at its Hanford, California factory, with a ceremony for the first vehicle scheduled for December 21, 2025 [1][3] - This production milestone signifies the near completion of the Company's Bridge strategy, which aims to create a closed loop of supply chain, testing, logistics, customs clearance, and production [1][8] Production Details - The assembly process follows 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] Vehicle Features - The FX Super One is designed as an affordable mass-market MPV, featuring a spacious interior with high-end materials, advanced technology, and multiple rows for passenger comfort [9] - It will offer all-wheel drive (AWD) and two powertrain options: battery electric and an AI hybrid extended range configuration to be introduced later [9] Strategic Goals - The production of the FX Super One is a critical step towards achieving the Company's broader goals, including ensuring operational efficiency and compliance with various standards [8] - The Company is also focused on comprehensive engineering efforts, including safety testing and validation, to meet high standards of quality and performance for the FX Super One [8]
Faraday Future Makes a Striking Appearance with Its FX Super One and FF 91 2.0 Across the UAE’s Seven Emirates in Celebration of the Nation’s 54th National Day
Globenewswire· 2025-12-04 22:17
Celebratory activities align with Faraday Future’s Middle East expansion and its vision for an intelligent electric mobility ecosystemDUBAI, United Arab Emirates, Dec. 04, 2025 (GLOBE NEWSWIRE) -- 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, in connection with the United Arab Emirates’ 54th National Day, it showcased the FX Super One together with the ...
Faraday Future Makes a Striking Appearance with Its FX Super One and FF 91 2.0 Across the UAE's Seven Emirates in Celebration of the Nation's 54th National Day
Globenewswire· 2025-12-04 22:17
DUBAI, United Arab Emirates, Dec. 04, 2025 (GLOBE NEWSWIRE) -- 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, in connection with the United Arab Emirates’ 54th National Day, it showcased the FX Super One together with the FF 91 2.0 to landmarks across all seven emirates. From Abu Dhabi to the northern emirates, each location visited underscored FF’s al ...
法拉第未来向足球巨星伊涅斯塔交付首台FXSuperOne
Xin Lang Ke Ji· 2025-11-26 03:23
Core Insights - Faraday Future announced the delivery of its FX Super One vehicle to football star Andrés Iniesta, marking a significant milestone for the company in the luxury electric vehicle market [1] Group 1: Company Developments - Faraday Future's FX Super One will have its global debut delivery on November 27 in Dubai [1] - The company participated in the Ras Al Khaimah Innovation City awards ceremony, showcasing its flagship model FF 91 2.0 and the FX Super One [1] - Faraday Future is a strategic partner in Ras Al Khaimah, where it operates a regional factory and operations center covering 108,000 square feet, which includes office space, production workshops, and operational hubs [1]
Leaders from FF and FX Attend the Ras Al Khaimah Investment & Business Summit to Advance EAI Mobility Strategy in the Middle East; Delivery of First FX Super One Vehicle to Andrés Iniesta in Dubai Scheduled for November 27
Globenewswire· 2025-11-26 02:36
Core Insights - Faraday Future has signed a strategic cooperation with Ras Al Khaimah Innovation City to develop a new regional energy mobility ecosystem and plans to expand its operations facility in Ras Al Khaimah [1][2][3] Group 1: Strategic Developments - The collaboration with Ras Al Khaimah Innovation City marks a new phase in Faraday Future's Middle East strategy, focusing on creating an EAI intelligent mobility ecosystem [2] - The company operates a manufacturing and operations center in Ras Al Khaimah, covering 108,000 square feet, which supports production for both Faraday Future and FX vehicles [3] Group 2: Product Launch and Market Response - The FX Super One was officially launched in Dubai on October 28, 2025, priced at AED 309,000, and received over 200 B2B paid pre-orders within 48 hours [6] - The inaugural global delivery ceremony for the FX Super One is scheduled for November 27, where the first vehicle will be delivered to soccer star Andrés Iniesta [4] Group 3: Leadership Perspectives - Tin Mok, Head of FF UAE, highlighted the strategic positioning of Ras Al Khaimah Innovation City as an AI-driven free zone, which aligns with the innovative goals of Faraday Future and FX [5] - Paul Dawalibi, CEO of Ras Al Khaimah Innovation City, expressed strong expectations for the partnership, emphasizing the importance of FF and FX as innovation partners [5]
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 by becoming the controlling and majority stockholder of AIxCrypto Holdings, 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 automotive and cryptocurrency sectors [5][6] Company Developments - Faraday Future has transitioned into the pilot build and pre-production phase for the FX Super One, with the first batch of components arriving soon [7] - The company aims to redefine mobility through AI innovation, focusing on user-centric and technology-first approaches in the automotive industry [8] - The FX strategy is designed to introduce mass production models targeting a broader market with mid-to-low price range offerings, complementing the luxury positioning of the FF 91 [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] - This strategic move is expected to provide lower-cost financing options and expand the user base, which is crucial for the company's long-term success [6] - The integration of Web3 capabilities into the existing Web2 framework is seen as a transformative opportunity for both sectors [5]
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]
Faraday Future Intelligent Electric (NasdaqCM:FFAI) Update / Briefing Transcript
2025-10-28 16:15
Summary of Faraday Future Intelligent Electric (NasdaqCM:FFAI) Update / Briefing Company Overview - **Company**: Faraday Future Intelligent Electric - **Event**: Launch of FX Super 1 in the Middle East - **Date**: October 28, 2025 - **Location**: Dubai, UAE Key Points Industry Context - The FX Super 1 is positioned as a disruptor in the electric vehicle (EV) market, specifically targeting the luxury MPV segment, competing with models like the Cadillac Escalade and Mercedes-Benz V-Class [8][15] - The Middle East is identified as a strategic market for Faraday Future, with plans to leverage the region for AI-powered mobility and crypto integration [8][11] Product Launch and Features - **FX Super 1**: - First AI-powered luxury MPV, designed to redefine intelligent mobility [15][20] - Equipped with a 1.5 turbo engine and dual motors, achieving 0 to 100 km/h in 5.7 seconds and a range of 963 kilometers [17] - Features include spacious interior (5.4 meters long, 3.275 meters wheelbase), advanced safety systems, and luxury amenities [18][21] - Offers a unique AI experience with the FF EAI embodied AI agent, enhancing user interaction [22] Market Strategy - The launch in the UAE is part of a broader strategy to establish a presence in the Middle East, aligning with local initiatives like "We the UAE 2031" and UAE's Net Zero 2050 [11] - Plans for local operations include establishing an EAI and R&D center, enhancing production capacity, and developing a complete EAI mobility ecosystem [59][60] Financial Aspects - The FX Super 1 is priced at AED 309,000, with sales channels officially opened, including acceptance of stablecoins and C10 crypto for vehicle purchases [44] - Warranty policy includes up to eight years or 200,000 kilometers of coverage, plus 24/7 roadside assistance for six years [26] Future Developments - The FX4, a medium-sized SUV, is already under development, with updates expected in the near future [59] - Strategic partnerships are being formed to enhance local operations and support the growth of the crypto flywheel initiative [61] Additional Insights - The FX Super 1 is designed to cater to various user needs, from luxury travel to business productivity, emphasizing versatility and comfort [25][26] - The event featured notable guests and a strong emphasis on collaboration with local governments and partners to foster innovation in the region [4][63] Conclusion Faraday Future's launch of the FX Super 1 in the Middle East marks a significant step in its global strategy, focusing on AI-driven luxury mobility and local market integration. The company aims to establish a strong foothold in the region while addressing the growing demand for intelligent and sustainable transportation solutions.
Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FF Officially Started the Spinoff Plan for the Crypto Flywheel, a Second Independently Listed Company, to be Named CXC10
Globenewswire· 2025-09-15 01:00
Core Insights - The company is preparing for its 919 event, where it will provide updates on its growth engines, including the C10 Treasury and the deployment strategy for FF EAI Vehicle Chain products [1] - The company has officially initiated a spin-off plan for its Crypto flywheel, aiming to establish a second independent listed company named CXC10, which will be initially controlled by FFAI [2][3] Spin-off Strategy - The spin-off of CXC10 is designed to address stockholder concerns by allowing CXC10 to raise capital independently, thus preventing dilution of FFAI stock [4] - The spin-off will enable each team to focus on their core businesses, with FFAI concentrating on the delivery progress of FF and FX products [4] - The C10 Treasury has completed approximately $10 million in crypto asset allocation, showing strong performance and positive mark-to-market results [5] Financial Performance - The actively managed allocation of 20% has yielded unrealized gains exceeding the C10 Index, with all core picks outperforming the broader index [6] - The company has successfully exited its one-year monitoring period on Nasdaq, restoring its normal listed company status, which is a significant achievement compared to many companies that remain in monitoring [9] Product Development - Significant progress has been made in product and technology, particularly for the FX Super One, with safety and restraint system validation underway and supply chain onboarding accelerating [7] - Delivery support for FX Super One in the Middle East is on schedule, with key software upgrades validated for the final launch at the end of October [8] - The new software update for FF 91 2.0 has improved the driving experience by refining the braking interface and sensor accuracy [8]