Faraday Future Founder and Co-CEO, YT Jia, Shares Weekly Investor Update
LOS ANGELES--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), 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.
A quick heads-up for everyone: the FX Super One’s first in-person Private Preview & Co-Creation Event is on track to take place next Sunday afternoon, June 29, in Los Angeles.
Progress Made in the Past Week
On S1 User Ecosystem, FX has signed a deposit agreement for 500 FX Super Ones with Telling Inc., a leading MCN livestream e-commerce ecosystem service provider focused on the North American market and TikTok. Total B2B binding deposit agreements for non-binding preorders for the FX Super One have reached 4,000 units.
Our Private Preview & Co-Creation Event on June 29th will be the first official showcase of the FX Super One for a select, invite-only audience. The event will include exclusive previews, experiences, and co-creation sessions. The entire FF and FX team is focused on final preparations for the event.
We have received the non-refundable deposit for the 1,000-unit non-binding pre-order of our FX Super One from Pinnacle, one of California’s largest real estate brokerages. This collaboration with Pinnacle aims to create an immersive buying experience for customers.
Product and Technology Updates
We are proud to announce the upcoming milestone release of our FF AI 2.0 system, which can switch between over 50 languages in real-time, remember conversational context, and understand complex commands.
Faraday X to Host Private Preview & Co-Creation Event for FX Super ...
S7 Capability and System Build-Up
Since I took office as Co-CEO, the company has adopted a quarterly strategic update and management framework. Next week, we will initiate the upgrade process for the Q3 strategy execution plan and KPIs.
We have a packed and pivotal week ahead. To our guests for the event, we’ll be waiting to welcome you as the sun sets over California. Next week’s update will take you behind the scenes with exclusive highlights of our Private Preview & Co-Creation Event.
About Faraday Future
Faraday Future is the pioneer of the Ultimate AI Tech Luxury ultra spire market in the intelligent EV era. FF aims to become a User Company by offering a shared intelligent mobility ecosystem.
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. These statements are not guarantees of future performance and involve known and unknown risks and uncertainties.
Important factors that may affect actual results include market demand, competition, the Company's ability to secure funding, and the success of its strategies. You should carefully consider the risks and uncertainties described in the Company’s filings with the SEC.
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