Faraday Future

Faraday Future Continues Progress in the Middle East Market with Establishment of a Middle East Sales Entity

Retrieved on: 
Tuesday, April 9, 2024

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.
  • View the full release here: https://www.businesswire.com/news/home/20240409031919/en/
    Tin Mok, Executive Director and Global Executive Vice President of User Ecosystem at Faraday Future, presents the trade license of FF's Middle East sales entity.
  • Moreover, the Company continues to engage with potential partners in the Middle East to explore opportunities, including strategic financing, business development, and sales and marketing.
  • “The establishment of a sales entity marks a pivotal moment in FF’s journey as we seek to extend our footprint into the Middle East,” said Matthias Aydt, Global CEO of FF.

United States Autonomous Vehicles Market Analysis, Size and Forecasts Report, 2023-2024-2030: Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024

The "United States Autonomous Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Autonomous Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • Lidar technology is poised to take centre stage in the United States autonomous vehicle market.
  • Passenger automobiles take the lead with a significant market share in the vast expanse of the US autonomous vehicle industry.
  • While electric and alternative powertrains are gaining momentum, ICE automobiles remain a key participant in the evolving landscape of autonomous transportation in the United States.

Faraday Future Announces Reverse Stock Split and Authorized Share Reduction

Retrieved on: 
Monday, February 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 announced that the Company intends to implement a reverse stock split of the issued and outstanding shares of the Company’s common stock, par value $0.0001 per share (the “common stock”), at a ratio of 1-for-3 (the “reverse stock split”), that is expected to become effective at 5:00 p.m.

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 the Company intends to implement a reverse stock split of the issued and outstanding shares of the Company’s common stock, par value $0.0001 per share (the “common stock”), at a ratio of 1-for-3 (the “reverse stock split”), that is expected to become effective at 5:00 p.m.
  • As a result of the reverse stock split, every three shares of the Company’s issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock.
  • The reverse stock split impacts all holders of the Company’s common stock proportionally and will not impact any stockholder’s percentage ownership of the Company common stock.
  • Faraday Future has chosen its transfer agent, Continental Stock Transfer & Trust Company, to act as exchange agent for the reverse stock split.

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

Retrieved on: 
Monday, February 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.

Electrifying the Future: USA EV and EV Charging Market to Surge to $1 Trillion by 2026: Ken Research

Retrieved on: 
Thursday, February 15, 2024

The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.

Key Points: 
  • The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.
  • Ken Research's " USA EV and EV Charging Equipment Market " report predicts a staggering 74.7% CAGR, propelling the market size to a colossal $1 trillion by 2026.
  • Beyond simply offering cleaner transportation options, the US EV and EV charging market plays a crucial role in reducing carbon emissions, combating climate change, and fostering energy independence.
  • The USA EV and EV charging market stands on the precipice of an electrifying transformation, driven by a confluence of environmental concerns, technological advancements, and government support.

Electrifying the Future: USA EV and EV Charging Market to Surge to $1 Trillion by 2026: Ken Research

Retrieved on: 
Thursday, February 15, 2024

The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.

Key Points: 
  • The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.
  • Ken Research's " USA EV and EV Charging Equipment Market " report predicts a staggering 74.7% CAGR, propelling the market size to a colossal $1 trillion by 2026.
  • Beyond simply offering cleaner transportation options, the US EV and EV charging market plays a crucial role in reducing carbon emissions, combating climate change, and fostering energy independence.
  • The USA EV and EV charging market stands on the precipice of an electrifying transformation, driven by a confluence of environmental concerns, technological advancements, and government support.

Faraday Future Hosts Chinese Automotive Supplier Delegation at its HQ, Discussing Strategic Cooperation Opportunities with the Chinese Supply Chain

Retrieved on: 
Thursday, January 4, 2024

Representatives from leading automotive supply chain and manufacturing entities such as Shanghai Yida Air Conditioning, Shanghai Suce Software, Lucky Yundu Auto, Zhi Xing Automotive Technology, Kunshan Guoli Yuantong New Energy Technology, among others, participated in this visit.

Key Points: 
  • Representatives from leading automotive supply chain and manufacturing entities such as Shanghai Yida Air Conditioning, Shanghai Suce Software, Lucky Yundu Auto, Zhi Xing Automotive Technology, Kunshan Guoli Yuantong New Energy Technology, among others, participated in this visit.
  • The delegation provided us with many insightful suggestions for supply chain management.
  • "Chinese supply chain enterprises are integral components of the global automotive industry, especially in the AI EV sector.
  • FF, which is rooted in the United States, will also provide unique value to China and the global automotive industry chain," expressed YT Jia.

Faraday Future Delivers FF 91 2.0 to Long-Time Employee Xiao Ma (Max) at the Company’s Hanford Manufacturing Plant

Retrieved on: 
Monday, December 18, 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 delivered an FF 91 2.0 Futurist Alliance to long-time employee Xiao Ma (Max), who currently serves as the Head of Product and Mobility Ecosystem, and Head of Corporate Strategy at FF.

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 delivered an FF 91 2.0 Futurist Alliance to long-time employee Xiao Ma (Max), who currently serves as the Head of Product and Mobility Ecosystem, and Head of Corporate Strategy at FF.
  • View the full release here: https://www.businesswire.com/news/home/20231217362634/en/
    Faraday Future Delivers FF 91 2.0 to Long-Time Employee Xiao Ma (Max) at the Company’s Hanford Manufacturing Plant.
  • Max is the first FF employee, other than its founder, joining as a Developer Co-Creation Officer.
  • “I will be using my FF 91 2.0 Futurist Alliance to make our products and technology even better from a user and Co-Creator perspective.”
    Users can preorder an FF 91 2.0 vehicle via the FF Intelligent App or through ff.com:

ADIO and Faraday Future unleash generative AI and advanced EVs for Abu Dhabi's SAVI cluster

Retrieved on: 
Monday, December 4, 2023

The Abu Dhabi Investment Office (ADIO) and the California-based global shared intelligent electric mobility ecosystem company Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future", “FF” or "Company") today announced that FF is set to bring its generative AI and advanced intelligent electric vehicle capabilities to the UAE capital’s Smart and Autonomous Vehicles Industry (SAVI) cluster.

Key Points: 
  • The Abu Dhabi Investment Office (ADIO) and the California-based global shared intelligent electric mobility ecosystem company Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future", “FF” or "Company") today announced that FF is set to bring its generative AI and advanced intelligent electric vehicle capabilities to the UAE capital’s Smart and Autonomous Vehicles Industry (SAVI) cluster.
  • Faraday Future, which recently launched its limited-edition FF 91 2.0 Futurist aiFalcon model in the Middle East, joins a growing cohort of companies committing to establishing a presence in the SAVI cluster.
  • View the full release here: https://www.businesswire.com/news/home/20231204704046/en/
    The Abu Dhabi Investment Office (ADIO) and Faraday Future Intelligent Electric Inc. today announced that FF is set to bring its generative AI and advanced intelligent electric vehicle capabilities to the UAE capital’s Smart and Autonomous Vehicles Industry (SAVI) cluster.
  • Badr Al-Olama, Director General of ADIO, said: “SAVI stands at the forefront of innovation across air, land and sea mobility.

Faraday Future Announces Entry into Middle East, Signs Strategic Cooperation Agreements with Master Investment Group and Siraj Holding LLC, and Unveils the FF 91 2.0 Futurist aiFalcon Limited Edition for the Middle East Market

Retrieved on: 
Thursday, November 23, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The Company plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the Middle East market, with delivery targeted in 2024.
  • The Middle East market presents an exciting opportunity for smart and autonomous vehicles and is well aligned with FF product technology and brand positioning.
  • Users can preorder an FF 91 2.0 Futurist Alliance vehicle via the FF Intelligent App or through our website.
  • Those residing in the Middle East can reserve an FF 91 2.0 Futurist aiFalcon vehicle via UAE website: https://www.ff.com/ar/en/reservation/