Latest news with #FaradayFuture
Globe and Mail
an hour ago
- Business
- Globe and Mail
Faraday Future Partners with HabitTrade to Accelerate its Entry into the Web3 Financial Ecosystem
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 its strategic collaboration with HabitTrade, a global multi-market brokerage and digital asset infrastructure platform. This collaboration marks Faraday Future's first step into the Web3 financial ecosystem, and is supported by RWA Group ( a digital finance advisory firm. This press release features multimedia. View the full release here: Faraday Future Partners with HabitTrade to Accelerate its Entry into the Web3 Financial Ecosystem As Faraday Future expands its vision beyond mobility into the next frontier of finance, the partnership with HabitTrade aims to unlock new possibilities in Web3 capital markets—including stablecoin-based investment, native digital asset flows, and broader participation from decentralized communities. This collaboration is also a key part of Faraday Future's ongoing commitment to technological and capital infrastructure innovation. Notably, Faraday Future plans to leverage this partnership to offer exclusive HabitTrade platform benefits to its shareholders, further enhancing shareholder value through innovative Web3 financial services. 'This partnership with HabitTrade is a key milestone in our efforts to connect Faraday Future with the Web3 financial world,' said Jerry Wang, Global President of Faraday Future. 'As we continue to redefine intelligent mobility, we are also exploring how decentralized infrastructure and digital asset participation can bring greater value to our stakeholders and communities.' 'We are honored to partner with Faraday Future in building its entry into the Web3 finance space,' said Daniel, Founder of HabitTrade. 'This collaboration is more than a cross-industry initiative — it reflects a shared belief in financial accessibility, technological innovation, and the long-term potential of decentralized capital markets. As a platform that bridges traditional and crypto finance, HabitTrade will provide the infrastructure and global liquidity support needed to help forward-looking enterprises like Faraday Future embrace the next evolution of finance.' Tony Fu, Founder of RWA Group, added: 'As a Nasdaq-listed EV company, Faraday Future is not only leading innovation in intelligent mobility but also actively shaping the path from Web2 to Web3. We're pleased to support this initiative and believe more listed companies will follow suit in embracing Web3-native tools such as tokenized assets, digital issuance, and cross-border financial connectivity.' This collaboration underscores a growing convergence between traditional industry leaders and next-generation financial platforms, as more enterprises begin to leverage Web3 capabilities to unlock new value. 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, 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 ABOUT HABITTRADE HabitTrade is a global multi-market brokerage and infrastructure platform that enables stablecoin-based access to a wide range of financial products—including U.S. and Hong Kong stocks, ETFs, and crypto assets. In addition to serving individual investors, HabitTrade provides institutional services such as API connectivity and market entry solutions for IPOs, tokenization projects, and more—helping bridge the gap between traditional and Web3 capital markets. ABOUT RWA GROUP ( Based in Hong Kong Science Park, RWA Group (formerly NFT China) specializes in digital finance advisory and infrastructure services. With a team experienced in blockchain, capital markets, and asset tokenization, RWA Group supports traditional enterprises in exploring Web3 innovations such as digital issuance, compliance frameworks, and real-world asset integration. 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 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; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; 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.
Business Wire
2 hours ago
- Business
- Business Wire
Faraday Future Partners with HabitTrade to Accelerate its Entry into the Web3 Financial Ecosystem
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 its strategic collaboration with HabitTrade, a global multi-market brokerage and digital asset infrastructure platform. This collaboration marks Faraday Future's first step into the Web3 financial ecosystem, and is supported by RWA Group ( a digital finance advisory firm. As Faraday Future expands its vision beyond mobility into the next frontier of finance, the partnership with HabitTrade aims to unlock new possibilities in Web3 capital markets—including stablecoin-based investment, native digital asset flows, and broader participation from decentralized communities. This collaboration is also a key part of Faraday Future's ongoing commitment to technological and capital infrastructure innovation. Notably, Faraday Future plans to leverage this partnership to offer exclusive HabitTrade platform benefits to its shareholders, further enhancing shareholder value through innovative Web3 financial services. 'This partnership with HabitTrade is a key milestone in our efforts to connect Faraday Future with the Web3 financial world,' said Jerry Wang, Global President of Faraday Future. 'As we continue to redefine intelligent mobility, we are also exploring how decentralized infrastructure and digital asset participation can bring greater value to our stakeholders and communities.' 'We are honored to partner with Faraday Future in building its entry into the Web3 finance space,' said Daniel, Founder of HabitTrade. 'This collaboration is more than a cross-industry initiative — it reflects a shared belief in financial accessibility, technological innovation, and the long-term potential of decentralized capital markets. As a platform that bridges traditional and crypto finance, HabitTrade will provide the infrastructure and global liquidity support needed to help forward-looking enterprises like Faraday Future embrace the next evolution of finance.' Tony Fu, Founder of RWA Group, added: 'As a Nasdaq-listed EV company, Faraday Future is not only leading innovation in intelligent mobility but also actively shaping the path from Web2 to Web3. We're pleased to support this initiative and believe more listed companies will follow suit in embracing Web3-native tools such as tokenized assets, digital issuance, and cross-border financial connectivity.' This collaboration underscores a growing convergence between traditional industry leaders and next-generation financial platforms, as more enterprises begin to leverage Web3 capabilities to unlock new value. 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, 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 ABOUT HABITTRADE HabitTrade is a global multi-market brokerage and infrastructure platform that enables stablecoin-based access to a wide range of financial products—including U.S. and Hong Kong stocks, ETFs, and crypto assets. In addition to serving individual investors, HabitTrade provides institutional services such as API connectivity and market entry solutions for IPOs, tokenization projects, and more—helping bridge the gap between traditional and Web3 capital markets. ABOUT RWA GROUP ( Based in Hong Kong Science Park, RWA Group (formerly NFT China) specializes in digital finance advisory and infrastructure services. With a team experienced in blockchain, capital markets, and asset tokenization, RWA Group supports traditional enterprises in exploring Web3 innovations such as digital issuance, compliance frameworks, and real-world asset integration. 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 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; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; 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. This announcement is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any financial instruments.
The Verge
9 hours ago
- Automotive
- The Verge
Faraday Future is back with another wild EV that probably will never get made
Ask anyone who's familiar with EV startups what Faraday Future is, and words like vaporware or severely delayed might come to mind. That's because, in the brand's 11-year existence, it has seemingly overpromised and under-delivered on nearly everything it has ever announced. As reported by Autoweek, it has sold less than 20 of its luxury FF 91 full-size EVs since it debuted two years ago — mostly to investors and celebrity influencers. Last week, Faraday revealed its latest model, the FX Super One, a fresh attempt at finally moving units in the US. FX, short for Faraday X, is a sub-brand by the Chinese automaker aimed at slotting in at a substantially lower sub-$100,000 price point. Its ticket to this corner of the EV market: a luxury MPV (multipurpose vehicle, better known as a compact van in the USA) designed to, in the company's words, disrupt the Cadillac Escalade in luxury for-hire transportation. Three seating arrangements are planned for the Super One: a four-seat for maximum luxurious cabin space, as well as a six- and seven-seater. I attended the Super One's unveiling event and had the chance to briefly ride in the four-seater's backseat. It was quite commodious and adorned in luxurious leather — definitely fit for frequent Uber Black clientele. Admittedly, it's a good strategy for an EV. Make the most of its relatively small footprint and save on weight. Families are also one of FF's target demographics, as are chauffeured professionals who work on the move. However, as far as specs, go, well, there are none. During FF's lengthy presentation about the Super One, it filed power output, range, battery size, charging rate, etc. under to be determined. This was not long after displaying the largest disclaimer that the world has ever seen. In light of FF being in hot water with the SEC as of late, this makes sense. To sweeten the deal, FF is offering the Super One with a face. No, really, it calls the optional massive LED screen occupying where a grille would be the F.A.C.E. (Front AI Communication Ecosystem). With the help of AI, owners can broadcast a myriad of different things via this mini billboard. The most useful example is for self-promotion; a visual artist could display some work while parked, and the Super One will even interact with passersby. There could absolutely be some unsavory potential here, too, but only time will tell. There were other points made about AI integration, but they were a bit vague — again, the company might be exercising some caution here. According to Car News China, it's a rebadged Great Wall Motor Wey Gaoshan, too, which almost certainly helps cut down on development and production costs. At least we know that the vehicle that it's based on is real and in consumers' hands. The unveiling was atop a parking garage in downtown Los Angeles and quite the production. A sea of influencers and other personalities were in attendance, and with a beautiful setting sun in the background, the company's goals were quite clear: cater to an audience that's in the business of selling vibes. If it can garner interest among this slice of American culture, it could give the company the bump it needs to actually start delivering, in addition to recently getting a healthy $105 million cash injection. But is this enough? It's deeply ingrained in the American psyche that big, hulking SUVs are the way to go for luxury transportation. A van of reasonable proportions with nice interior materials and some party tricks is fun, but to sell thousands per year — even with an alleged 10,000-plus preorders during the unveiling, and intentions of building the Super One at its Hanford, California, facility to help skirt tariffs — it's tough to say. FF has a long and storied history of not delivering despite grandiose plans and heavy investment. Like every claim it's made before, we'll believe it when we see it.
Digital Trends
17 hours ago
- Automotive
- Digital Trends
Faraday's latest EV has a massive screen instead of a grille, with its own AI avatar
What is it? The Faraday FX Super One is an upcoming, fully-electric MPV from auto maker Faraday Future, aimed at giving you a luxury car without a huge price tag. It's set to be a direct rival to the Cadillac Escalade, and come packed with AI features – including a huge exterior digital screen which replaces the traditional grille and displays your own AI agent. I'm sorry, what? According to Faraday, the Super One will redefine our experience with automobiles, with AI deeply integrated throughout the vehicle. The 'Super EAI F.A.C.E. (Front AI Communication Ecosystem) System', the clunky moniker for the display slapped on the front of the Super One, will give your vehicle a unique 'face', with the ability to express emotion. Recommended Videos This face will apparently be able to 'communicate' with the world around it and represent you. What that means in practice remains to be seen, but it's certainly an interesting feature – if not rather odd. Why should I care? There's seemingly no escaping the onslaught of AI in our lives, and manufacturers the world over are looking for new and innovative ways to integrate artificial intelligence into products. Faraday's AI offering in the FX Super One does appear to be particularly left field currently, but this might be a glimpse of what's to come more widely in the future. There's the choice of four, six and seven seat configurations, plus an AI-optimized hybrid extended range option will be available at a later date if the fully-electric model isn't for you. The four seater 'GOAT Edition' configuration is aimed at the rich and famous, with suspended zero-gravity seats feature ventilation, heating and 10-point massage. The 6 and 7-seater editions are more traditionally styled for business and family life. So what's next? Well, if the FX Super One has peaked your interest to can head over to the Faraday site and place a $100 (fully refundable) deposit to book your place in line. We don't know how much it will cost or when it'll be available, nor do we have any meaningful specs yet, all we know is the firm has said it'll offer 'tech luxury without the $300k price tag'. Faraday has openly said it's looking to challenge the Escalade, and the all-electric Escalade IQ starts at $130,000 – we'd expect the FX Super One to be in that sort of ballpark too. That's not exactly cheap then, but the firm has a budget EV in the works as well. However, don't get your hopes up too much. There's no guarantee the final vehicle will actually make it to market, as Faraday has a laundry list of factors 'that may affect actual results or outcomes.' Faraday says it still needs to 'to secure regulatory approvals for the proposed Super One front grille', says it hasn't yet secured the 'necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere'. We'll have to wait and see if the Faraday FX Super One can challenge the best luxury EVs and best electric SUVs then.
Globe and Mail
a day ago
- Business
- Globe and Mail
YT Jia Shares Weekly Investor Update: Faraday X Unveils Two Groundbreaking Global-First Products Along with a Transformative Technology Architecture in Los Angeles on July 17
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ('Faraday Future', 'FF' or the 'Company'), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF. This press release features multimedia. View the full release here: Faraday Future Founder and Global Co-CEO YT Jia Shares Weekly Investor Update: Faraday X Unveils Two Groundbreaking Global-First Products Along with a Transformative Technology Architecture in Los Angeles on July 17 'Hey everyone, welcome to Investor Weekly Issue 12. This week was huge — besides the big global initial launch on July 17 for our two game-changing products, the FX Super One and the Super EAI F.A.C.E. system, plus the FF EAI Embodied AI Agent 6x4 Architecture, we've got some really exciting news to share. What's New This Week: Today we're starting with Government affairs updates in terms of S7 System and Capability Build-Up. Some great news on the policy front too for our Bridge Strategy. This week, Donald Trump Jr. recently spoke about the U.S. economy and industry, giving a shout-out to homegrown AI and tech innovators like FF as well as multinational giants like Rolls-Royce and Samsung, recognizing their role in driving U.S. manufacturing upgrades and economic growth. His recognition effectively positions us as a strategic contributor and may help to create a more favorable policy environment for FF, FX, and our Global Auto Industry Bridge Strategy. And here's another big one: BlackRock, the world's largest asset manager, recently filed their 13G as of July 17, showing they've boosted their FFAI shares almost 7 times from last quarter. As of June 30, 2025, they own about 5.39 million shares, up from 780,000. That's four quarters straight of increasing their stake! BlackRock's significant increase in holdings shows the top institutional investors increased institutional interest in Faraday Future and belief in FF and FX's business future. Going to S5 Finance and Capital updates: We just secured $105 million in new cash financing commitment, which will help fund the Company's aggressive growth strategy, including the launch of the FX Super One and advancement of the Company's position in the AIEV Market. Huge thanks to our investors for their trust and support — we're really living up to the commitment 'Promises made, promises kept.' Going back to S1, User Ecosystem: This week, we hosted the 717 Global Initial Launch in Downtown LA, set against the city's most beautiful skyline. Super One and Super EAI F.A.C.E. finally got to meet the world. We also officially opened consumer pre-orders for the FX Super One. We offer sincere thanks to everyone who witnessed and co-created this milestone. We are also deeply grateful to our S Tier One suppliers, dedicated partners, and loyal users who have always put their trust in us. Our choice of venue was deliberate. We selected a unique location with breathtaking views of the Los Angeles skyline. I think we are also the first auto company ever to launch a product there. This was about more than a beautiful sunset, it represents the 'dream chaser' DNA FF carries as a company born right here in LA. In fact, just one day before the launch event. We nearly lost our venue due to a series of challenges. We were almost forced to switch to a backup plan. But in the end, true to FF's 'Never Give Up' spirit, the team refused to give up. And they overcame every obstacle to make the impossible possible—once again. I've always believed that achieving anything meaningful requires exactly that kind of determination and faith. FF Forward, Never Give Up. I'll see you all next week.' 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, 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 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, Super EAI F.A.C.E., and EAI Embodied AI Agent 6x4 architecture, 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; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; 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.
