Faraday Future Intelligent Electric

Faraday Future Intelligent Electric, Inc. is an emerging growth company, which manufactures electric vehicles. The company was founded by Jia Yueting in May 2014 and is headquartered in Gardena, CA.

Earnings data Q3 2021

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Faraday Future reports revenue growth and strategic milestones in Q4

Faraday Future Intelligent Electric (FFIE) made significant strides in 2023, achieving key milestones, reducing losses, and securing substantial fundraising.
While facing revenue challenges, the company's focus on brand, innovation, and financial efficiency positions it for future growth and success.
Strategic opportunities in financing, market expansion, and technology integration pave the way for FFIE to capitalize on its strengths and drive value creation.

Faraday Future reports Q2 loss but eyes global expansion opportunities

FFIE's Q2 2024 performance showed improved operating expenses and strategic financing through convertible debt, focusing on profitability.
The company's strengths lie in its market expansion strategies, collaborations with OEMs, and enhanced financial flexibility.
Challenges include production ramp-up, achieving profitability, and addressing ongoing financial constraints for sustainable growth.
Opportunities for FFIE include market penetration, international expansion, and diversification through strategic financing and operational enhancements.

Faraday Future Intelligent Electric (FFIE) reports improved Q3 performance

Faraday Future Intelligent Electric (FFIE) reported a positive Q3 2024 performance marked by improved financial metrics and strategic initiatives. While challenges in stabilizing operations and achieving profitability exist, the company's focus on growth through international expansion and brand development offers promising opportunities for future success.

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LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company's growth and the development of Faraday X (FX), FF's strategy of launching affordable high performance AIEV equipped vehicles with cu.

Faraday Future Secures $30 Million Financing to Strengthen the Company's Core Business and Continued Ramp-Up of the Faraday X (FX) Strategy

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first Faraday X (FX) prototype mules will arrive in Los Angeles at the end of this month. The first two FX mules will begin their product development and testing in the U.S. shortly thereafter at FF's manufacturing facility in Hanford, CA, with a stop in Las Veg.

Faraday Future to Give FX Business Update and Show First FX Prototype Mules in Las Vegas, NV from January 5-7

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a series of new in-car software updates that will enhance both the in-vehicle infotainment experience as well as user-focused control features for the Company's flagship FF 91 2.0 Futurist Alliance EV. The new features improve upon the already high-level, revolutionary u.

Faraday Future Releases New In-Car Software Updates for the FF 91 2.0 Futurist Alliance

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LOS ANGELES--(BUSINESS WIRE)--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 Suede Brooks, a prominent YouTube influencer, fashion model, and designer, took delivery of her new FF 91 2.0 Futurist Alliance EV and participated in a design roundtable at a ceremony with FF executives in suburban Los Angeles. Company representatives on hand included.

Faraday Future Announces Fashion Model and Designer Suede Brooks Takes Delivery of Her New FF 91 2.0 Futurist Alliance

LOS ANGELES--(BUSINESS WIRE)--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 Suede Brooks, a prominent YouTube influencer, fashion model, and designer, will take delivery of her new FF 91 2.0 Futurist Alliance EV at a ceremony with FF executives on Thursday, December 12, in suburban Los Angeles. Known for her significant social media presence and.

Faraday Future Announces Fashion Model and Designer Suede Brooks to Take Delivery of Her New FF 91 2.0 Futurist Alliance Thursday Dec. 12

LOS ANGELES--(BUSINESS WIRE)--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 is insourcing the manufacturing of its FF 91 2.0 vehicle seats. This is one example of how the Company looks at every part of its operations to find efficiencies within the organization. It also continues to work to optimize its global supplier network and set up a su.

Faraday Future Continues to Improve Manufacturing Efficiency by Insourcing its FF 91 2.0 EV Seats

LOS ANGELES--(BUSINESS WIRE)--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 Suede Brooks, a prominent YouTube influencer, fashion model, and designer, has signed a lease agreement for an FF 91 2.0 Futurist Alliance EV. The Company is planning to hold a vehicle delivery ceremony for Suede soon. Known for her significant social media presence and.

Faraday Future Announces Fashion Model and Designer Suede Brooks Signs FF 91 2.0 Futurist Alliance Lease Agreement and Becomes Latest Developer Co-Creation Officer

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Dr. Lei Gu, a pioneering figure in China's automotive industry and an expert in vehicle development and safety technology, will join FF as President of FX Global EV Research and Development (R&D) Center and Vehicle Line Executive (VLE) for the FX 6. Dr. Gu will.

Faraday Future Appoints Veteran Automotive Technology Expert and Industry Leader Dr. Lei Gu to President of FX Global EV R&D Center

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced its commitment to local sourcing for manufacturing equipment in Ras Al-Khaimah, UAE. This strategic initiative aligns with the Company's focus on fostering regional partnerships, streamlining logistics, and accelerating delivery timelines for its planned UAE manufacturing oper.

Faraday Future Establishes Local Sourcing Initiative in Ras Al-Khaimah, UAE

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it plans to change its Nasdaq ticker symbol from “FFIE” to “FFAI” in early 2025. This change aligns with the Company's continued focus on its AI strategy that includes its new FX brand strategy. Surveys conducted over the past year also consistently showed a prefere.

Faraday Future Announces it Will Change its Stock Ticker Symbol to "FFAI" and Host an “FF AI Open Day” Event in Early 2025

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced it will receive a new shipment of 100 sets of Fuji vehicle body parts for FF 91 2.0 production. The Company continues to work to optimize its global supplier network. In tandem, the readiness of the first Faraday X (FX) prototype mules for shipment to the U.S. demonstrates th.

Faraday Future Secures 100 Sets of Fuji Vehicle Body Parts to Support FF 91 2.0 Manufacturing

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first FX prototype mules have arrived at the Company's China headquarters. The prototype mules' delivery/shipping route will take it from Beijing to Los Angeles. The shipment of the prototype mules marks the official launch of the development and testing phase f.

First FX Prototype Mules Set to Be Shipped to FF's U.S. Headquarters, Kicking Off the Product Development and Testing Phase

FF Has Received the Initial $250,000 Annual Base License Fee from Grow Fandor Grow Fandor to Pay FF Royalties, the Greater of: (a) 50% of Annual Net Profit from Brand Ecosystem Products or (b) 5% of Net Sales Revenue, Payable Quarterly Exclusive Licensing Rights Granted to Grow Fandor for FF and FX Brands Globally A dedicated subsidiary has been established to manage the ecosystem product business for FF LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Grow Fandor, the pioneering global IP commercialization company, yesterday announced an exclusive strategic licensing agreement with Faraday Future (FF), a leader in the global shared intelligent electric mobility ecosystem. This partnership grants Grow Fandor exclusive worldwide rights to use the FF and Faraday X (FX) brands across various product categories, including apparel, automotive accessories, home goods, and personal care products.

Global IP Commercialization Company Grow Fandor and Faraday Future Establish Exclusive Strategic Collaboration on Ecosystem Products

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a comprehensive strategic licensing agreement with Grow Fandor, an IP commercialization company. As FF's exclusive licensee for ecosystem products, Grow Fandor will manage the design, development, sales, and operations for certain ecosystem products bearing the FF and Fa.

Faraday Future and Grow Fandor Forge Exclusive Strategic Licensing Collaboration, a Potential New Growth Driver

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company's wholly owned subsidiary, Faraday X (FX), has signed definitive agreements relating to two planned products with top original equipment manufacturers (OEMs). These collaborations aim to jointly advance plans and the first phase of execution for the deve.

FF Successfully Signs Definitive Agreements with Top OEMs, Kicking Off the Product Research Phase for Delivery of Two Models Targeted to Roll Off by End of 2025

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that long-time Company employee Xiao (Max) Ma has been appointed Global CEO of Faraday X aiEV Inc., a wholly owned subsidiary of the Company, effective immediately. In this role, Max will report directly to both FF Global CEO Matthias Aydt and Founder & CPUO YT Jia.

Faraday Future's FX Subsidiary Appoints Xiao (Max) Ma Global CEO of Faraday X

LAS VEGAS--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has entered a non-binding Memorandum of Understanding (MOU) with JC Sportline. This collaboration aims to showcase the FF 91 2.0 with JC Sportline's enhancements, exploring potential future partnerships to leverage the strengths of both brands. The MOU is intended.

Faraday Future Announces Collaboration with Specialized Performance Parts Manufacturer JC Sportline

Faraday Future Intelligent Electric Inc. (FFIE) Q3 2024 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its third quarter of 2024. RESULTS FOR THIRD QUARTER 2024 The Company continued its efforts to control costs and reduce operating expenses: Operating expenses improved significantly, declining 92.6% to $3.8 million compared to $50.9 million in t.

Faraday Future Reports Financial Results for Third Quarter 2024

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is scheduled to have a conference call on its third quarter results for 2024 after market close on Wednesday, November 6, 2024, at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time). Interested investors and other parties can listen to a webcast of the conference ca.

Faraday Future Announces Third Quarter 2024 Earnings and Webcast Timing

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will showcase two of its FF 91 2.0 Futurist Alliance EVs at this year's Specialty Equipment Market Association (SEMA) show to be held in Las Vegas, NV, from November 5-8. The vehicles, both production versions of the FF 91 2.0 Futurist Alliance, will be outfitted.

Faraday Future to Showcase Two Modified FF 91 2.0 Futurist Alliances at the 2024 Specialty Equipment Market Association (SEMA) Show from November 5-8

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it has received the full net proceeds from the $30 million previously committed financing announced in September 2024. The initial closing occurred on September 12, 2024, and the second closing occurred on September 30, 2024. The proceeds, from investors in the Middl.

Faraday Future Receives $30 Million of Previously Committed Financing

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products by the end of 2025. Job openings for FX include Production Planning Director, Quality Planning Director, Head o.

Faraday Future's FX Brand Continues Its Ramp Up as It Kicks Off Hiring for Key Positions

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “the Company”), a California-based leader in the shared intelligent electric mobility ecosystem, has officially announced a co-investment agreement with Master Investment Group, owned by Sheikh Abdulla Al Qassimi, a member of the royal family and Deputy Chairman of Customs in Ras Al Khaimah. This collaboration is for the development of the Company's future headquarters in Ras Al Kha.

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