Faraday Future unveils FX Super One MPV to rival Escalade
FX Super One features unique LED display and advanced technology features.
Faraday secures $105 million in financing for FX Super One launch.
Faraday Future Intelligent Electric Inc. unveiled its FX Super One MPV Thursday in Los Angeles, saying the first in its new line of affordable mass-market electric vehicles under the FX brand will compete with luxury SUVs such as Cadillac's Escalade.
The Gardena, California-based company (Nasdaq: FFAI) said it now has more than 10,000 'binding deposits' for the vehicle, even though the company hasn't released a price tag for it nor said when it will go on sale.
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Faraday said the FX Super One MPV will have some unique features when it eventually hits the road, including its FF Super EAI F.A.C.E. (Front AI Communication Ecosystem), which is an external super LED display on the front fascia that will replace a vehicle's typical grill. With multiple changing front-screen images, the technology brings 'each vehicle a unique expression — 'a thousand faces for a thousand cars,'' Faraday said.
Other features touted by Faraday include floating rear zero-gravity seats; all-wheel drive; a longer wheelbase than the Escalade; a high-strength steel structure; a refrigerator; enhanced range on the highway using AI hybrid extended range technology (coming soon); a Dolby Atmos audio system; LiDAR, millimeter-wave radar, ultrasonic radar and HD camera sensors; and several seating configurations, including four-seat, six-seat and seven-seat choices.
The company will build the FX Super One at its factory in Hanford, California, located in the San Joaquin Valley region of the greater Central Valley.
The unveiling comes after Faraday said earlier this week it secured about $105 million in new cash financing, including $82 million of new financing commitments, to support the launch of the FX Super One model. The company also intends to use the funds to accelerate development and distribution efforts for its FF and FX brands and AI-related technologies.
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Reach Ben Miller at bwmiller@bizjournals.com.
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