FF 91

Faraday Future Plans to Share Details of its "US-China Automotive Industry Bridge Strategy" in the Next Month or Two and has Received a Grant from Nasdaq for an Extended Stay of Suspension

Retrieved on: 
수요일, 5월 29, 2024

The Company is expecting to provide additional details adjusting its corporate strategy by returning to the earlier two-brand setup to distinguish market segments.

Key Points: 
  • The Company is expecting to provide additional details adjusting its corporate strategy by returning to the earlier two-brand setup to distinguish market segments.
  • Moreover, the Company received a grant from Nasdaq for an extended stay of the suspension pending a hearing with Nasdaq’s Hearings Panel.
  • Quality assurance has been enhanced in every phase of the company to help embed a culture of continuous improvement.
  • Significant vehicle improvements continue to be implemented in terms of fit, finish, vehicle functionality and quality.

Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024

Retrieved on: 
월요일, 2월 26, 2024

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240225201526/en/
    Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024.
  • 10,000 capacity - future potential annual production capacity at FF's self-operated manufacturing facility in Hanford, California with $200+ million invested.
  • Phase Two of the Company's Three-Phase Delivery Plan for the Company’s FF 91 2.0 Futurist Alliance launched in the third quarter 2023.

Faraday Future Completes the Sale-Leaseback of its Hanford, California Manufacturing Facility

Retrieved on: 
목요일, 10월 19, 2023

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has exercised its option to purchase its Hanford, California manufacturing facility and simultaneously completed a sale leaseback.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has exercised its option to purchase its Hanford, California manufacturing facility and simultaneously completed a sale leaseback.
  • The Hanford manufacturing plant, officially called ‘FF ieFactory California’ is a one million square foot state-of-the-art facility that uses highly skilled craftsmanship and leading-edge automated production.
  • The facility, where the Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance is currently produced, is situated between technology-focused Silicon Valley and FF’s Global HQ in Los Angeles.
  • “Our Hanford manufacturing facility is an integral part of our overall operations and has been manufacturing production series models of our FF 91 2.0 Futurist Alliance since earlier this year,” said Matthias Aydt, Global CEO of FF.

Faraday Future Announces Global Super Star and Entrepreneur Chris Brown will Become the Next FF 91 2.0 Owner and Developer Co-Creation Officer

Retrieved on: 
화요일, 10월 10, 2023

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that global top music legend and entrepreneur Chris Brown will become the next FF 91 2.0 Futurist Alliance owner and Developer Co-Creation Officer and will take delivery of his vehicle at a future “Delivery Co-Creation Day” event.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that global top music legend and entrepreneur Chris Brown will become the next FF 91 2.0 Futurist Alliance owner and Developer Co-Creation Officer and will take delivery of his vehicle at a future “Delivery Co-Creation Day” event.
  • View the full release here: https://www.businesswire.com/news/home/20231009040741/en/
    Faraday Future Announces Global Super Star and Entrepreneur Chris Brown will Become the Next FF 91 2.0 Owner and Developer Co-Creation Officer (Photo: Business Wire)
    Mr. Brown hosted FF Founder and Chief Product and User Ecosystem Officer YT Jia at his Los Angeles home where they discussed FF 91 2.0’s features and highlights and officially began the Co-Creation process.
  • “We are excited to welcome global music star Chris Brown as another influential FF Spire User and Developer Co-Creation Officer for FF,” said Mr. Jia.
  • A video of the Chris Brown Co-Creation discussion and Mr. Jia “Developer Co-Creation Day” event can be viewed on the FF App or at the following link: https://www.ff.com/us/developer-co-creation-festival/
    Download the new FF Intelligent App: http://appdownload.ff.com

Faraday Future Announces its Outline for October FF 91 2.0 Deliveries as Part of its Ongoing ‘Delivery Co-Creation Day’ Plan and Provides Business Update

Retrieved on: 
금요일, 9월 29, 2023

The Company also announced the continuation of its Co-Creation partnerships and outlined preliminary upcoming FF 91 2.0 Futurist Alliance deliveries for October as part of its ongoing ‘Delivery Co-Creation Day’ plans.

Key Points: 
  • The Company also announced the continuation of its Co-Creation partnerships and outlined preliminary upcoming FF 91 2.0 Futurist Alliance deliveries for October as part of its ongoing ‘Delivery Co-Creation Day’ plans.
  • In the third quarter, the Company delivered its first three FF 91 2.0 Futurist Alliance vehicles and plans to continue deliveries going forward.
  • With approximately $3 billion invested into the Company to date, FF has delivered the FF 91 2.0 Futurist Alliance, which is truly an all-ability aiHypercar.
  • Users can preorder an FF 91 vehicle via the FF Intelligent App or through the Company’s website at:

Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel

Retrieved on: 
화요일, 9월 26, 2023

In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.

Key Points: 
  • In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.
  • View the full release here: https://www.businesswire.com/news/home/20230925744903/en/
    Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel (Photo: Business Wire)
    Mr. Graziano has vast experience in managing legal departments at publicly listed companies in the U.S. and working at world-class law firms.
  • With Scott’s onboarding, the Company will continue to strengthen the organization and capabilities of the global legal team.
  • “Scott comes to FF with a wealth of public company legal expertise.

Faraday Future Announces Management Stock Purchase Plan

Retrieved on: 
목요일, 9월 21, 2023

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its future Global CEO Matthias Aydt, Founder & Chief Product and User Product Officer YT Jia, current Global CEO and future EVP of Global Industrialization & China CEO XF Chen, Interim CFO Jonathan Maroko, and Chief Accounting Officer Yun Han, along with other senior executives and members of management, have voluntarily entered into a salary deduction and stock purchase agreement.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its future Global CEO Matthias Aydt, Founder & Chief Product and User Product Officer YT Jia, current Global CEO and future EVP of Global Industrialization & China CEO XF Chen, Interim CFO Jonathan Maroko, and Chief Accounting Officer Yun Han, along with other senior executives and members of management, have voluntarily entered into a salary deduction and stock purchase agreement.
  • All participants will be purchasing shares of Class A common stock directly from the Company.
  • "Throughout its history, Faraday Future has been deeply committed to its employees, users, and its vision for a sustainable transportation future.
  • When viewing the Company’s share performance, management believes that Faraday has been undervalued by the market and wants to showcase their commitment and belief in the Company by entering into these agreements.

Faraday Future Launches “Delivery Co-Creation Day” Program and Announces FF 91 2.0 Futurist Alliance Delivery Plan in September

Retrieved on: 
수요일, 8월 30, 2023

Most importantly, the “FF Delivery Co-Creation Day” will focus on how to create and add value impact on spire users and FF Co-Creation Officers.

Key Points: 
  • Most importantly, the “FF Delivery Co-Creation Day” will focus on how to create and add value impact on spire users and FF Co-Creation Officers.
  • This unique “Delivery Co-Creation Day” program and method to deliver the FF 91 2.0 Futurist Alliance will contribute significantly to positioning the FF brand in a manner that enhances its “Ultimate AI TechLuxury” brand.
  • The events will showcase the key features of the All-Ability aiHyper car FF 91 2.0 Futurist Alliance.
  • The Company will hold other unique customized delivery Co-Creation events for FF 91 2.0 Futurist Alliance owners throughout the remainder of this year.

Faraday Future Announces Second Group of FF 91 Spire Users and Developer Co-Creation Officers, Featuring World Champion Derek Bell, and Launches the Thrilling 'FF All-Hyper Global Racetrack Conqueror Plan'

Retrieved on: 
금요일, 8월 18, 2023

They along with the Company officially launched the FF All-Hyper Global Racetrack Conqueror Plan at Pebble Beach, along with the recently announced second batch of spire users and Developer Co-Creation Officer Justin Bell.

Key Points: 
  • They along with the Company officially launched the FF All-Hyper Global Racetrack Conqueror Plan at Pebble Beach, along with the recently announced second batch of spire users and Developer Co-Creation Officer Justin Bell.
  • The “FF All Hyper Global Racetrack Conqueror Plan” is an ultimate race tailored for the production version of All-Ability aiHypercars.
  • We will explain the rules of the “FF All Hyper Global Racetrack Conqueror Plan” in detail on our next FF Developer Co-Creation Track Day.
  • All FF 91 2.0 Futurist Alliance vehicles scheduled for production this year will be exclusively offered to FF Developer Co-Creation Officers.

Faraday Future Secures Up to $105 Million Funding Commitment

Retrieved on: 
화요일, 6월 27, 2023

Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced an additional funding commitment of $90 million plus the acceleration of an existing commitment of $15 million.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced an additional funding commitment of $90 million plus the acceleration of an existing commitment of $15 million.
  • Commitments under the unsecured facility are subject to certain closing conditions including an effective registration statement and FF stockholder approval.
  • We are poised to continue moving forward to deliver the FF 91 Futurist Alliance to our users focused on our three-phase delivery plan,” said Xuefeng Chen, CEO of Faraday Future.
  • Furthermore, FFIE continues to pursue additional funding sources, including strategic investors, to foster additional business growth and to reduce future financing costs.