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- \nFour days away from the July 17th Global Initial Launch of the FX Super One & Super EAI F.A.C.E. & FF EAI Embodied AI Agent 6 x 4 Architecture. Cody Walker \u2014 from the Fast & Furious franchise and a globally respected automotive enthusiast \u2014 will be joining the FX team live on stage.<\/p>\n<\/li>\n
- \nThe Company just signed another 700-unit B2B FX Super One deposit agreement, bringing the total number of binding deposit agreements for non-binding pre-orders for FX Super One to 4,800 units.<\/p>\n<\/li>\n<\/ul>\n
LOS ANGELES–(BUSINESS WIRE<\/a>)–
\nFaraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or the \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF.<\/p>\nThis press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250713582802\/en\/<\/a><\/p>\n
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<\/p>\nFaraday Future Founder and Global Co-CEO YT Jia Shares Weekly Investor Update: Actor Cody Walker to Speak Onsite and Reveal FX Product & Tech at the Global Initial Launch of the FX Super One MPV July 17<\/p>\n<\/div>\n
\n\u201cHello and welcome to Issue 011 of our Weekly Update!<\/p>\n
\nWe are now just four days away from the Global Initial Product Launch of the FX Super One! Have you seen our countdown posters over the past few days? What kind of revolutionary product and technology will FX unveil? We\u2019ll see in just four days!<\/p>\n
\nThis week\u2019s progress, starting with S1 User Ecosystem:<\/p>\n
\nFX Super One\u2019s B2B business model has once again made strong progress, with an additional 700 Super One secured this week, bringing the total number of binding deposit agreements for non-binding pre-orders for FX Super One to 4,800 units. More importantly, we\u2019ve expanded into new industries, further broadening our ecosystem reach.<\/p>\n
\nFirst, we signed a deposit agreement for the FX Super One with MetaMega Group (MMG), a premium family office services firm based in Southern California. Our \u2018end-to-end B2B2C\u2019 co-creation ecosystem model now officially enters a new industry.<\/p>\n
\nFor those less familiar with family office services, this is a high-end service sector providing customized financial, tax, education, and lifestyle solutions for high-net-worth families. MMG brings together nearly 300 seasoned advisors in Orange County, California, and enjoys a large and established base of high-net-worth clients.<\/p>\n
\nThese high-net-worth families are one of FX Super One\u2019s core user segment targets. The family office sector provides deep access to this circle, allowing us to efficiently convert trusted relationships into purchase decisions and speed up our ultra-light sales model where \u2018scenarios are the showroom, and trust is the channel.\u2019<\/p>\n
\nSecond, this week, we also signed a deposit agreement with The Alps. They are a leading global MCN agency and a key TikTok partner, managing a network of over 3,000 influencers and creators. This collaboration once again validates the strong recognition our FF and FX Co-Creation Ecosystem Online Direct Sales model is receiving from top-tier international institutions.<\/p>\n
\nThird, in the FX Par, we welcomed another B2B partner into our system: Space Auto, a premium auto dealer located in Beverly Hills, the ultimate symbol of American ultra luxury and style. Specializing in high-end vehicle sales, leasing, and consignment, Space Auto is deeply rooted in LA\u2019s core luxury circles and is set to launch a new flagship store in West Covina. This expansion could help us reach new market pockets across the greater Los Angeles and Orange County area. Together, we could co-create and share blue-ocean value.<\/p>\n
\nNow, with S5 Capital Markets and Finance:<\/p>\n
\nIn line with the \u2018Stockholders First\u2019 principle I emphasized when taking office as Co-CEO, we\u2019ve partnered with Stockperks, a global investor engagement platform serving public companies across the world. We launched an exclusive Stockholder Perks Program to show our appreciation for FFAI stockholders. This special offer includes valuable benefits such as a $3,500 voucher toward the purchase of the FX Super One. This move aims to maximize the eco-chemistry between our stockholders and user community.<\/p>\n
\nThis week, we\u2019ve also launched the \u2018One-Click Fast Reservation\u2019 access for the FX Super One. Once the product officially opens for B2C paid reservations at the July 17 launch event, users will be able to complete their purchase with just one click and secure priority delivery.<\/p>\n
\nOnce again, we invite you to reserve your FX Super One and join us in co-creating and sharing the future. Super One, You are the One.<\/p>\n
\nGoing to S2 and S3, Product and Technology:<\/p>\n
\nWhile driving full speed ahead on FX product and tech development, we\u2019re also continuing to advance the evolution of the FF 91. One exciting update is coming to the B-pillar AI system, which will soon include intuitive gesture control powered by AI \u2014 allowing users to open and close doors with simple hand gestures, completely touch-free. This feature is expected to roll out in the next OTA update. These interactive functions are also being developed with seamless integration in mind for future FX models, to bring the same intelligence and ease of use to our full vehicle lineup. We\u2019re also advancing a broad set of exterior gesture controls, with patent applications expected to be filed soon.<\/p>\n
\nToday, I received a heartfelt message from an old friend. After seeing our \u2018King of Red Carpet\u2019 countdown poster, he told us that even after all his years working in Hollywood, there still isn\u2019t a truly elegant, red carpet\u2013worthy MPV for A-listers or industry premieres. But with the FX Super One, he feels we\u2019re finally filling that long-overlooked gap in the American market.<\/p>\n
\nLooking ahead to next week:<\/p>\n
\nThe global livestream of our launch event will take place at 7:30 PM (PDT) on July 17.<\/p>\n
\nHere\u2019s an exclusive sneak peek: Cody Walker \u2014 from the Fast & Furious franchise and a globally respected automotive enthusiast \u2014 will be joining us live on stage. He\u2019s coming on board as an FX Developer Co-Creation Officer to lead a deep dive into the product and its groundbreaking technology. This represents a major evolution of FF\u2019s signature developer co-creation model, now supercharging FX. Our Developer Co-Creation Officers won\u2019t just help shape the product \u2014 they\u2019ll be deeply embedded throughout the launch, delivery, and sales journey, unlocking new value through true collaboration.<\/p>\n
\nA big thank you to all our partners who have come a long way with us. The Global Initial Launch of the FX Super One & Super EAI F.A.C.E. & FF EAI Embodied AI Agent 6 x 4 Architecture is just around the corner. We\u2019re ready \u2014 and we can\u2019t wait to see you at the sunset of Los Angeles on July 17. This is one moment you won\u2019t want to miss!\u201d<\/p>\n
ABOUT FARADAY FUTURE<\/b><\/p>\n
\nFaraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company\u2019s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future\u2019s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https:\/\/www.ff.com\/us\/<\/a><\/p>\n
FORWARD LOOKING STATEMENTS<\/b><\/p>\n
\nThis press release includes \u201cforward looking statements\u201d within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words \u201cplan to,\u201d \u201ccan,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cfuture,\u201d \u201cpotential,\u201d and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Super One MPV, Super EAI F.A.C.E., and EAI Embodied AI Agent 6×4 architecture, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company\u2019s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.<\/p>\n
\nImportant factors, among others, that may affect actual results or outcomes include, among others: the Company\u2019s ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company\u2019s ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company\u2019s ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company\u2019s ability to secure necessary permits at its Hanford, CA production facility; the Company\u2019s ability to secure regulatory approvals for the proposed Super One front grill; the potential impact of tariff policy; the Company\u2019s ability to continue as a going concern and improve its liquidity and financial position; the Company\u2019s ability to pay its outstanding obligations; the Company\u2019s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company\u2019s limited operating history and the significant barriers to growth it faces; the Company\u2019s history of losses and expectation of continued losses; the success of the Company\u2019s payroll expense reduction plan; the Company\u2019s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company\u2019s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company\u2019s vehicles; the Company\u2019s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company\u2019s vehicles; current and potential litigation involving the Company; the Company\u2019s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company\u2019s indebtedness; the Company\u2019s ability to cover future warranty claims; the Company\u2019s ability to use its \u201cat-the-market\u201d program; insurance coverage; general economic and market conditions impacting demand for the Company\u2019s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company\u2019s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company\u2019s operations in China; the success of the Company\u2019s remedial measures taken in response to the Special Committee findings; the Company\u2019s dependence on its suppliers and contract manufacturer; the Company\u2019s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company\u2019s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Company\u2019s Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.<\/p>\n
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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250713582802\/en\/<\/a><\/span><\/p>\n
\nInvestors (English): ir@faradayfuture.com
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Investors (Chinese): cn-ir@faradayfuture.com
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Media: john.schilling@ff.com<\/a><\/p>\nKEYWORDS:<\/b> China United States North America Asia Pacific California<\/p>\n
INDUSTRY KEYWORDS:<\/b> EV\/Electric Vehicles Alternative Vehicles\/Fuels Automotive Automotive Manufacturing General Automotive Performance & Special Interest Vehicle Technology Manufacturing<\/p>\n
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