Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season
LOS ANGELES--(BUSINESS WIRE)--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 the private preview and co-creation event for the much-anticipated first product from its Faraday X (FX) brand, FX Super One, will be held on Sunday, June 29, 2025, at 5:30 PM PT. This exclusive event marks the official commencement of FX's product execution and launch season. FX Super One is more than just a mode of transportation; it's a lifestyle statement. Designed for families, celebrities, entrepreneurs, and industry leaders, it reimagines luxury mobility by seamlessly uniting identity, space, and ceremony.
The launch event, which will be held in the Los Angeles area, is tailored for five key groups: FF's stockholders and investors; B2B sales partners and prospects; global supply chain partners; media; key opinion leaders (KOLs) and influencers; and Co-Creation officers.
This intimate preview will offer attendees a first-hand look at FX Super One's innovation, design philosophy, and market vision, while fostering meaningful co-creation among the minds shaping the product's next phase. Following this event, the Company will host another large-scale public launch event on July 17, the Super One First Online Global Product Launch, open to audiences worldwide.
The FX Super One, an affordable mass market AI-MPV, is anticipated to have the first vehicles off the line by the end of 2025. Offering a spacious, meticulously crafted interior with high-end materials and advanced technology, the FX Super One prioritizes passenger comfort with a host of features including spacious seating, ambient lighting, and premium entertainment systems to name a few.
If you're interested, we warmly welcome you to sign up for these launch events by visiting https://forms.office.com/pages/responsepage.aspx?id=ggtcv5-840aF3_dVy6j9hNOCahrzPvBImCXsOJvCQZRUMDBPRjRCWE9PQ0NGV1FUVVlIWDMwNDlKRS4u&route=shorturl. Space is limited.
ABOUT FARADAY FUTURE
Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future's flagship model, the FF91, 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/
FORWARD LOOKING STATEMENTS
This press release includes 'forward looking statements' 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 'plan to,' 'can,' 'will,' 'should,' 'future,' 'potential,' 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, 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's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include, among others: the Company's 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's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; and the Company's ability to secure necessary permits at its Hanford, CA production facility; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's 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's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's 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's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's 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's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its 'at-the-market' program; insurance coverage; general economic and market conditions impacting demand for the Company's 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's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's 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's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the Company's 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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
UK's biggest advertising group loses £1.3bn Mars contract to French rival
Britain's biggest advertising company has suffered a fresh setback after losing a $1.7bn (£1.3bn) Mars contract to a French rival. Mars, which also owns M&Ms, Snickers and Whiskas cat food, has appointed Paris-based Publicis to lead its global media account after kicking off a review late last year. The move deals a major blow to WPP, which has held the lucrative contract since 2018. It is the latest in a string of major client losses for the London advertising giant, which lost its $700m North America Coca-Cola account to Publicis in March. Publicis, which owns Saatchi & Saatchi and Leo Burnett, last year leapfrogged WPP as the world's largest advertising group by revenues, while the British company is facing added pressure as two other rivals – Omnicom and Interpublic – prepare to merge. It also comes days after WPP announced the departure of Mark Read as chief executive. Mr Read, who has worked at the company for more than three decades and served as chief executive since 2018, will step down at the end of the year. The Mars contract covers the US company's media offering, as well as production, social media, influencer marketing and commerce capabilities across 70 markets worldwide. WPP agency T&P will retain the creative account for Mars food and nutrition. Arthur Sadoun, the chief executive of Publicis, said: 'We are delighted to reinvent the consumer business playbook with Mars, rekindling our longstanding partnership as we embark on this significant growth transformation journey.' The account loss underscores difficulties at WPP, which has suffered a sharp slowdown in growth and seen its share price halve under Mr Read's tenure. While Mr Read has succeeded in slimming down the group's sprawling network of agencies, WPP has struggled to compete as tech giants such as Google and Meta have taken an increasingly large chunk of the advertising market. Advertising agencies are also facing a fresh threat from artificial intelligence (AI), which has made it easier to automate much of the work traditionally carried out by creative agencies. Mr Read has sought to embrace the shift, snapping up AI company Satalia in 2021, and pledging to invest £300m in the technology. However, investors have been unconvinced by the move and WPP has slipped behind its rivals. The search for Mr Read's successor will be led by Philip Jansen, the former BT chief executive who took over as WPP chairman at the beginning of this year. In a statement earlier this week, Mr Jansen said Mr Read had 'played a central role in transforming the company into a world leader in modern marketing services'. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31 minutes ago
- Yahoo
CoreWeave (CRWV) Is on Wall Street's Radar—But One Analyst Says It's a Trap
CoreWeave, Inc. (NASDAQ:) is one of the 10 AI Stocks on Wall Street's Radar. On June 10, DA Davidson analyst Gil Luria reiterated an 'Underperform' rating on CoreWeave, Inc. (NASDAQ:CRWV) with a $36.00 price target. The firm stated that CoreWeave had disclosed a pro forma contract financing structure example to analysts a day before, which indicated that shareholders will get some returns during the duration of the contracts being signed. However, it believes that the disclosure, even if accepted at face value, 'very clearly illustrates the exact opposite point.' Luria highlighted how there is no upfront equity and no returns to current equity holders during the contract. While the company assumes a 15% equity, the analyst also stated that CoreWeave does not have equity capital to invest and is instead relying on other forms of non-project debt. Such a step would require an additional $590 million, which would result in 'literally wiping out any cash they are claiming to generate for shareholders.' The firm also believes that the illustrative interest rate indicates that all of the company's previous deals are likely unprofitable. Moreover, while AI enthusiasm may likely fuel expansion, it would require the company to raise more than $10 billion in equity capital at the current share price so that it can justify the next two years of projects. This seems as the only significant upside risk to DA's analysis. While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Forbes
33 minutes ago
- Forbes
AWE 2025 Fueled By Android XR, Snap Specs, And AI
The theme of the show was evident from the start. Augmented World Expo 2025, now in its 16th year, wrapped up today in Long Beach, California. The XR industry's largest and longest-running event drew more than 5,000 attendees and 250 exhibitors to the cavernous Long Beach Convention Center from June 10 to 12. For the first time, both the conference and expo floor ran a full three days, with expanded programming that included hackathons, keynotes, investor meetups, and breakout areas for startups, game developers, and enterprise providers. The week began, as always, with Ori Inbar's annual keynote. AWE's co-founder took the stage with his usual mix of irreverence and conviction. This year's theme was direct: 'XR is going mainstream.' Inbar said the wait was over. 'The hardware is good enough, the tools are mature, and AI has lowered the barrier to entry,' he said, urging developers to stop building for the future and start shipping to the present. He celebrated XR's strange persistence—joking that we've been waiting for a 'mass market moment' for 30 years—and framed AI as both a complement and a catalyst: 'XR is the killer interface for AI,' he said, to sustained applause. AWE head of Programming Sonya Haskins and CEO and co-founder of AWE, Ori Inbar. Google and Snap delivered first day main stage keynotes that energized the crowd. Snap dominated the hallways with demos of Specs and their mirror technology. Niantic Spatial also had a big presence, as they did last year, before they spun off Pokemon Go to Scopely to focus on WebXR and a digital twin of the physical world. Google's Justin Payne at AWE 2025. Google's Justin Payne introduced Android XR, the company's new spatial computing operating system. Introduced to some fanfare at Google I/O two weeks ago, this was a direct pitch to the developers in the audience. Android XR is built to unify headset and glasses development across Qualcomm and Samsung hardware and deeply integrate with Gemini. 'This is the first Android platform built for the Gemini era,' Payne said. He described Android XR as the logical evolution of Google's long-term investment in vision-based computing—Glass, ARCore, Lens, Live View—now converging with real-time AI. He emphasized that XR devices shouldn't be siloed or episodic. 'The same person will use multiple XR devices throughout the day,' he said, 'and Gemini can follow them between worlds.' Snap's Evan Spiegel took the stage next and as expected he announced that consumer-ready Spectacles are coming in 2026. Snap has spent over $3 billion and 11 years refining its mobile AR platform, which now supports more than 4 million lenses used 8 billion times a day. 'We're obsessed with making computers more human,' Spiegel said. With OpenAI and Gemini onboard, the new Spectacles will support spatial AI interactions, WebXR, and shared gaming overlays. Specs are already in the hands of hundreds of developers, many of whom were demoing real-world applications throughout the Long Beach venue. In the past CTO Bobby Murphy has keynoted AWE, but this is Speigel's inaugural appearance, signaling the growing importance of the medium and its largest annual gathering. Chi Xu, founder and CEO of Xreal. Both Google and Snap highlighted the growing ecosystem of Android XR tools. XREAL's Chi Xu previewed Project Aura, the company's latest eyewear, built for Android XR stack and also unveiled two weeks earlier at I/O. Featuring an upgraded Qualcomm X1S spatial chip, Aura has a 70-degree field of view and native support for Gemini-powered voice interfaces. Xu described it as a long-awaited convergence of hardware, AI, and open platforms: 'All the pieces are finally ready,' he said. At Qualcomm's booth, attendees could test its new AR1+ Gen1 chipset, an on-device AI processor designed for smartglasses. Qualcomm SVP Ziad Asghar framed it as a turning point for wearable computing: 'It's time to build AI glasses that can stand alone.' From L to R: Dylan, Brent, Nolan, Alissa, and Wyatt Bushnell In a packed session featuring Atari and Chuck-E-Cheese founder Nolan Bushnell and his family consisting of entrepreneurs, daughter Alissa, and brothers Brent, Wyatt and Dylan, the family discussed the personal, and professional reality of being a Bushnell. The discussion turned to the lessons XR can learn from arcade design. The Bushnells made a persuasive case for intuitive mechanics and social play, less UI, more instinct. 'Nobody wants to play a tutorial,' one of them said. 'If they don't get it in the first ten seconds, they walk.' They also made a passionate case for location-based XR. Brent's Dream Park demo on the show floor's Playground allows players to interact with digital characters in the physical world. 'This isn't VR anymore,' he said. 'You are the game.' Palmer Luckey at AWE 2025. Palmer Luckey began by explaining his hoarse voice was the result of spending a week in Washington, DC with his main customers. In the news just weeks ago was his surprise reunion with Meta, seven years after being fired. They are together taking over the IVAS project from Microsoft. IVAS was a $22 billion contract to create AR equipped infantry that could use heads-up displays for threat detection, drone management, mapping, targeting, in addition to the thermal imaging (night vision) they use now. 'The best AR hardware isn't coming out of DARPA anymore,' he said. 'It's coming from the consumer sector. Meta, Snap, Google, they've pulled ahead.' His Eagle Eye platform, developed for the U.S. Army, is a high-resolution, multimodal sensor suite that fuses thermal, RF, and spatial data in real time. 'It's not entertainment hardware,' he said. 'It's a tool built for life-and-death decisions, but it will trickle back to consumers.' Author and entrepreneur Tom Emrich signing copies of his new book, Next Dimension. Emrich announced ... More at the show that he is launching a new spatial/XR news site, Remix Reality. Vicki Dobbs Beck of ILM and researcher and author Helen Papagiannis approached XR from a cultural and narrative perspective, emphasizing its potential as a medium for identity, expression, and immersive storytelling. Beck framed ILM's evolving mission as a shift from 'storytelling to storyliving.' Drawing from a decade of immersive projects under the Lucasfilm banner, she described the next frontier as emotionally responsive worlds, powered by real-time AI and character memory. Papagiannis, author of Augmented Human, unveiled her new book Reality Modding, which proposes that reality-like software which is now editable, customizable, and increasingly aesthetic. 'This is about identity and presence,' she said. 'We're no longer just users of technology, we're becoming the medium itself.' Mentra AR glassess will soon be compatible with Android XR. The tone of the show was celebratory but not naive. Inbar acknowledged the ghosts of past hype cycles. XR has been 'the next big thing' for nearly two decades. But this year, the combination of stable platforms, purpose-built hardware, and AI-native developer tools made the proposition feel more grounded. The term 'ambient computing' came up repeatedly—devices that disappear into daily life, interfaces that respond without friction. On the floor, dozens of demos aimed at enterprise deployment, not just entertainment: spatial planning, logistics, training, and field service. Enterprise now represents 71% of the XR market, and it showed. All 5000 people must have tried the new Snap Spectacles by the end of the show. The AWE Playground is always a highlight as it features entertainment experiences for both in-home and out-of-home audiences. Installations ranged from social XR games to large-scale multisensory exhibits. A highlight was an expanded version of Brent Bushnell's Dream Park, a walkable mixed-reality experience that allowed users to embody virtual characters without controllers. They just raised $1.3 M to expand from their Santa Monica pilot. Their 'theme park in a box' can literally be run by a couple of kids in a park. Auki's robot had a. lot of fans. Auki Labs placed QR codes on the floor of the convention center for indoor navigation. This mobile AR experience helped guide their attention-getting robot. Auki is doing a massive retail rollout of their indoor virtual positioning systems on a much larger scale in decentralized protocol, PoseMesh, uses scannable QR codes and self-hosted data to guide robots and humans through physical spaces. Auki also worked with Zappar on enhanced QR codes, which Unilever is now putting on their packaging. Auki won a coveted Auggie award for its Posemesh technology. Trying out Viture for the first time at CES 2023. Virture's Kickstarter raised $3.2 M for these ... More Assisted Reality smartglasses targeting gamers. Founder Marcus Lim has raised over $10M. Every year there are a handful of suite demos in the nearby Hyatt Hotel. Some meetings are better and more relevant than others. This year I got a private detailed tour from the founder David Jiang who I first met at CES in 2023, where he showed me his Viture AR screen reflecting glasses. According to IDC, they account for 52% of AR smartglasses sales worldwide. You plug them into your phone and see a 200' screen in a compact form factor. It's favored by gamers but popular for content consumption and productivity as well. They've come a long way in three short years, diversifying into software, including an app that uses AI to transform movies into 3D, spatial experiences, much like Leia, which does it with a 3D display in tablet form. It is even more impressive when fully immersed in Viture's lightweight headset. With Google and Apple entering the market they're hoping their software will give them a way to leverage the competition into even greater success. Trying out Flow Immersiver on an Xreal AR headset. In the hallways and informal corners of the convention center, old ideas resurfaced in sharper, more polished form. Jason Marsh, founder of Flow Immersive, gave one of his signature roaming demos—an evolving tradition that began seven years ago when he first cornered me outside a session room with a prototype on his tablet. This year, Flow's layered, interactive data visualizations ran smoothly on headsets, phones, and smartglasses. What once felt like an ambitious idea now looked like a viable product, complete with enterprise traction and UX refinements. The evolution of Flow mirrored the tone of the show itself: confident, capable, and finally ready for primetime. Patrick Johnson and the team from Rock, Paper, Reality, with the hideous yet coveted Auggie Award, ... More which they won for their extraordinary work with Google maps on the history of Paris. This year's Auggie Awards reflected both breadth and maturity across the XR spectrum. With a record number of nominations and public votes, the 16th annual ceremony honored excellence across 19 categories: LOS ANGELES, CA - FEBRUARY 11: Director for Medical Virtual Reality Institute for Creative ... More Technologies Albert "Skip" Rizzo at Participant Medias screening of That Which I Love Destroys Me in Los Angeles on Wednesday, February 11, 2015 in Los Angeles, California. (Photo byfor Participant Media) Ten new XR Hall of Fame inductees were honored on June 11, celebrating pioneers whose work has shaped today's $40 billion industry: Their induction honors the foundational work they've done while helping the next generation of creators. The packed theatre was a reminder that today's XR movement is not new, but finally catching up to its own imagination.
