Latest news with #FX6
Yahoo
16-05-2025
- Automotive
- Yahoo
Faraday Future Announces Annual Stockholders' Day on May 31; Top 10 Attending Stockholders to Receive Exclusive Dinner Invitation with Company Executives, Including Co-CEO YT Jia
Further details regarding the FX Super One product launch event scheduled for the end of June will be announced during the event. Attending stockholders will also have the opportunity to view and experience multiple FX prototype mules onsite, including the FX Super One, the FX 6, and the planned model aiming to disrupt the RAV4 in the AIEV era. LOS ANGELES, May 16, 2025--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will host its Annual Stockholders' Day on May 31, 2025, from 1:00 PM to 5:00 PM Pacific Time at the Company's global headquarters in Los Angeles. The event will feature a personalized FF and FX vehicle ride experience with exclusive pre-order opportunities for those interested in pre-ordering an FX model. The event will also offer an open Q&A session with FF executives, and a special private dinner after the event for the top 10 verified stockholders as of May 14, 2025, offering an exclusive opportunity to engage directly with Company leadership. Registration Instructions Stockholders interested in attending in person must register by emailing events@ with the following information: Legal name Preferred nickname (optional, for leaderboard display) Number of FFAI common shares held as of May 14, 2025 (optional, if you are interested in attending the dinner). Proof of stockholding (e.g., screenshot of brokerage account relating to FFAI common stock). City and state of residence Phone number Email address By registering for this event, stockholders agree to provide certain personal information listed above, which will be used to manage their participation in the event and communicate important updates. Faraday Future values stockholder privacy and will handle provided personal information in accordance with its privacy policy. To learn more about how FF collects, uses, and protects personal data, please review FF's full privacy policy at Registration Deadline: May 30, 2025, at 5:00 PM PT All stockholders are welcome to our event. A real-time list of the 10 largest stockholdings as of May 14, 2025, registered for the event will be available at for reference purposes. Exclusive Dinner with FF Executives The ten largest stockholders as of May 14, 2025, who attend the Investor Day will be invited to attend a private dinner with Faraday Future leadership after the event, including Founder and Co-CEO YT Jia and Global CEO Matthias Aydt. If a selected stockholder is unable to attend or fails to meet verification requirements at check-in, the next eligible stockholder in the ranking will be invited as an alternate. On-Site Verification Requirements All attendees must present both: A live view of their FFAI stockholdings (or a report showing stockholdings as of May 14, 2025, if they are a dinner invitee) (e.g., via brokerage app). A valid government-issued photo ID. This initiative reflects Faraday Future's commitment to transparency, stockholder engagement, and long-term value creation as the Company accelerates toward its mission of revolutionizing the intelligent electric vehicle space. We look forward to seeing you at our Los Angeles headquarters. 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 new 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 View source version on Contacts Investors (English): ir@ Investors (Chinese): cn-ir@ Media: Error while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
16-05-2025
- Automotive
- Yahoo
Faraday Future Announces Annual Stockholders' Day on May 31; Top 10 Attending Stockholders to Receive Exclusive Dinner Invitation with Company Executives, Including Co-CEO YT Jia
Further details regarding the FX Super One product launch event scheduled for the end of June will be announced during the event. Attending stockholders will also have the opportunity to view and experience multiple FX prototype mules onsite, including the FX Super One, the FX 6, and the planned model aiming to disrupt the RAV4 in the AIEV era. LOS ANGELES, May 16, 2025--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will host its Annual Stockholders' Day on May 31, 2025, from 1:00 PM to 5:00 PM Pacific Time at the Company's global headquarters in Los Angeles. The event will feature a personalized FF and FX vehicle ride experience with exclusive pre-order opportunities for those interested in pre-ordering an FX model. The event will also offer an open Q&A session with FF executives, and a special private dinner after the event for the top 10 verified stockholders as of May 14, 2025, offering an exclusive opportunity to engage directly with Company leadership. Registration Instructions Stockholders interested in attending in person must register by emailing events@ with the following information: Legal name Preferred nickname (optional, for leaderboard display) Number of FFAI common shares held as of May 14, 2025 (optional, if you are interested in attending the dinner). Proof of stockholding (e.g., screenshot of brokerage account relating to FFAI common stock). City and state of residence Phone number Email address By registering for this event, stockholders agree to provide certain personal information listed above, which will be used to manage their participation in the event and communicate important updates. Faraday Future values stockholder privacy and will handle provided personal information in accordance with its privacy policy. To learn more about how FF collects, uses, and protects personal data, please review FF's full privacy policy at Registration Deadline: May 30, 2025, at 5:00 PM PT All stockholders are welcome to our event. A real-time list of the 10 largest stockholdings as of May 14, 2025, registered for the event will be available at for reference purposes. Exclusive Dinner with FF Executives The ten largest stockholders as of May 14, 2025, who attend the Investor Day will be invited to attend a private dinner with Faraday Future leadership after the event, including Founder and Co-CEO YT Jia and Global CEO Matthias Aydt. If a selected stockholder is unable to attend or fails to meet verification requirements at check-in, the next eligible stockholder in the ranking will be invited as an alternate. On-Site Verification Requirements All attendees must present both: A live view of their FFAI stockholdings (or a report showing stockholdings as of May 14, 2025, if they are a dinner invitee) (e.g., via brokerage app). A valid government-issued photo ID. This initiative reflects Faraday Future's commitment to transparency, stockholder engagement, and long-term value creation as the Company accelerates toward its mission of revolutionizing the intelligent electric vehicle space. We look forward to seeing you at our Los Angeles headquarters. 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 new 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 View source version on Contacts Investors (English): ir@ Investors (Chinese): cn-ir@ Media:
Yahoo
15-05-2025
- Automotive
- Yahoo
EV Maker Lost $44M in Q1 After Delivering Just Two Vehicles
It seems it's been a while where EV maker Faraday Future has been hanging by a thread. In the past year or so, the company has barely avoided bankruptcy and being evicted from its California headquarters. Following a cash infusion, the company has worked hard to stay afloat, even showing off two prototype mules and announcing plans to ultimately offer a sub-$30,000 electric van early this year. So how has it been going since? In March, the company announced that it had received its third funding commitment, bringing its total haul in the prior six months to $100 million. Most Read on IEN: Production Car Shatters Speed Record Another EV Maker Is on the Brink of Collapse Ford Worker Accused of Stealing Millions in Parts Podcast: VW's Too Big Seats; Flying Motorcycle; Rivian's Secret Stockpile In April, the company said it had signed a pre-order agreement with a company called JC Auto, who will pay a non-refundable deposit of $100,000 to be applied to up to 1,000 vehicles. But not all of the news has been as nice. Faraday Future also recently revealed its first quarter results, which Carscoops characterized as 'dismal.' That's because the company posted an operating loss of $44 million and only delivered… two vehicles. And despite the aforementioned JC Auto pre-order, it's not certain to get better. That's because the order is non-binding, and Faraday Future's report admits that the true number could be as little as two. Likewise, another pre-order the company had previously announced – from Sky Horse Auto for 300 MPVs – could be 'as few as one.' While looking at the glass half full, the company continues to pursue its goal of providing AI-enhanced vehicles, with a plan of producing up to three models — the Super One and the FX 5, both with price targets of $20,000-$30,000, and the FX 6 at a targeted $30,000-$50,000. No matter the price point, though, the company has set a low bar for deliveries so far in 2025. So maybe there's nowhere to go but up. Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news. 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
14-04-2025
- Automotive
- Yahoo
Faraday Future Hosts First Exclusive FX Developer Co-Creation Event, Featuring FX Prototype Mule Test Rides at its Los Angeles Headquarters
Recruitment for external developer co-creators is set to begin next week. FX expects to hold the first official vehicle reveal in June of this year and will begin collecting reservations in the upcoming weeks. More experiential ride & drive events are planned soon. LOS ANGELES, April 14, 2025--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today held the first FX Developer Co-Creation Event at its Los Angeles headquarters. This exclusive event marked the official debut of the FX Developer Co-Creation Program, allowing today's guests to actively participate in co-creation activities, including test rides of FX prototype mules, and sharing valuable feedback on product experience, design, and innovation ideas. The ride and drive event kicked off what will be the first of many more experiential events for the planned FX brand, which will be held regularly throughout this year in anticipation of the first FX model to roll off the line at the end of 2025. Starting next week, FX will officially launch the Faraday X External Developer Co-Creation Campaign, kicking off a series of public-facing events designed to welcome external developers, innovators, and future-shaping minds into our collaborative ecosystem. Today's event allowed potential future users a sneak peek at what is to come. The FX Super One is anticipated to be unveiled to the public in June 2025, and two FX 6 prototype mules that recently arrived in Los Angeles are undergoing testing and validation including focusing on the Advanced Driver-Assistance Systems (ADAS). "Today we successfully hosted our first Faraday X Developer Co-Creation event—bringing together FF employees, their friends, and families to experience the future of mobility firsthand. It was an exciting day to be able to experience these FX prototype mules," said Xiao (Max) Ma. "This event set the tone for our co-creation-driven approach to developing the next generation of AI-powered EVs (AIEVs) right here in the U.S." The FX brand is planned to target the mass market segment, advancing a new chapter in the Company's overall product strategy. FX currently plans for up to three models: an AI-MPV product—named the Super One, the FX 5, and the FX 6, focusing on the $20,000 - $80,000 base price segment. The first FX model is planned to come off the line at the end of 2025. 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 FF 91 2.0 Futurist Alliance, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91 2.0, targeting a broader market with middle-to-low price range offerings. For more information, please visit 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 "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" 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, the FX 5 and the FX 6, 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 the necessary funding to execute on the FX strategy, which will be substantial; the Company's ability to secure necessary agreements to license and/or produce Super One, FX 5 or FX 6 vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate the Super One, FX 5 or FX 6 for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure necessary permits at its Hanford, CA production facility; 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 warrant 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. View source version on Contacts Investors (English): ir@ Investors (Chinese): cn-ir@ Media: Sign in to access your portfolio
Associated Press
07-04-2025
- Automotive
- Associated Press
Faraday Future Conducts First FX AIEV Co-Creation Experience Event at Its Los Angeles Headquarters
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ('FF', 'Faraday Future', or the 'Company'), a California-based global shared intelligent electric mobility ecosystem company, today held the first FX AIEV Co-Creation Experience Event for Company employees at its Los Angeles headquarters. The event allowed FF employees to drive and experience various FX prototype mules. Xiao (Max) Ma, Global CEO of the FX brand was on hand to kick off the event and gave employees an update on the progress of the FX brand along with goals and expectations for 2025. The ride and drive event kicked off what will be the first of many more experiential events for the planned FX brand, which will be held regularly throughout this year in anticipation of the first FX model to roll off the line the end of 2025. This press release features multimedia. View the full release here: Faraday Future Conducts First FX AIEV Co-Creation Experience Event at Its Los Angeles Headquarters The FX brand is planned to target the mass market segment, advancing a new chapter in the Company's overall product strategy. FX currently plans for up to three models: an AI-MPV product—named the Super One, the FX 5, and the FX 6, focusing on the $20,000 - $80,000 base price segment. FX is making solid progress since the beginning of this year. The FX Super One is anticipated to be unveiled to the public in June 2025, and two FX 6 prototype mules that recently arrived in Los Angeles are undergoing holistic testing and validation, including focusing on the Advanced Driver-Assistance Systems (ADAS) of the vehicles. 'It was truly an exciting day to be able to drive and experience these new FX models,' said Max. 'We are using this event to kick off the first of many ride & drives for these vehicles this year with the FX planned models, the first of which will come off the line the end of 2025.' 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 FF 91 2.0 Futurist Alliance, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91 2.0, targeting a broader market with middle-to-low price range offerings. For more information, please visit 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 'estimates,' 'projected,' 'expects,' 'anticipates,' 'forecasts,' 'plans,' 'intends,' 'believes,' 'seeks,' 'may,' 'will,' 'should,' 'future,' 'propose' 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, the FX 5 and the FX 6, 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 the necessary funding to execute on the FX strategy, which will be substantial; the Company's ability to secure necessary agreements to license and/or produce Super One, FX 5 or FX 6 vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate the Super One, FX 5 or FX 6 for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure necessary permits at its Hanford, CA production facility; 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 warrant 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. SOURCE: Faraday Future Intelligent Electric Inc. Copyright Business Wire 2025. PUB: 04/06/2025 11:15 PM/DISC: 04/06/2025 11:14 PM
