Faraday Future Establishes the World's First AI Hybrid Extended-Range Electric Powertrain System Company
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), a California-based global shared intelligent electric mobility ecosystem company, recently held its inaugural Open AI Day event. This event covered FF and FX’s AI strategy, products, and technology, and marked the establishment of Future AIHER, the world's first AI hybrid extended-range electric powertrain system company.
Future AIHER is focusing on the design and development of two key products: a super AI hybrid extended-range system (AIHER) and a super AI extended-range system. The company is committed to providing comprehensive powertrain solutions to support these innovative products. The AIHER system will combine hybrid and range extender technologies, with a primary focus on range extension and a secondary role for hybrid drive.
Future AIHER, a subsidiary of FF, is dedicated to commercializing and developing AI-driven range extender systems for Extended Range Electric Vehicles (EREVs). This strategic move is aimed at leading the transformation of powertrain technology in the automotive industry.
Key Announcements at the Open AI Day:
The Open AI Day event, hosted at FF’s Los Angeles headquarters, featured presentations on various AI-related topics, product information, and insights into Future AIHER. The event was led by YT Jia, Founder and Chief Product and User Ecosystem Officer of FF, and Max Ma, Global CEO of FX.
Matthias Aydt, Global CEO of FF, was unable to attend the event due to unforeseen circumstances. The presentations and panel discussions at the event covered AI, future technologies, and industry challenges in autonomous driving. Attendees included potential future AI candidates interested in collaborating with the company.
A video of the Open AI Day event can be viewed here.
FF and FX's Overall AI Strategy:
Faraday Future's AI strategy revolves around full-vehicle AI integration. The company is focused on building an end-to-end AI product ecosystem that emphasizes in-house R&D, open integration, user-specific customization, and extreme performance. The goal is to develop an AI Agent with human-like intelligence to enhance the interaction between humans and vehicles.
FF aims to drive the evolution of cars into intelligent mobile devices, setting new standards for future smart vehicles. By collaborating with global developers and AI experts, the company seeks to foster industry-wide innovation and create value for its partners.
Comprehensive AI Strategy to Deliver Multi-Dimensional Value:
Faraday Future's AI strategy aims to introduce new revenue streams through in-car subscriptions and AI-driven value-added services. This approach is designed to enhance user loyalty by offering personalized AI experiences and intuitive interactions through features like voice and gesture controls.
By adopting an "AI-First" approach and promoting a co-creation ecosystem, FF is driving the evolution of cars from traditional vehicles to intelligent mobile devices. The company plans to launch three core AI-powered products to improve driving experiences and expand commercial applications across industries.
Next Steps for FF’s and FX’s AI Development and Planning:
The Company's AI product development plan consists of four phases, including AI foundation, advanced multimodal AI, AIOS Platform & API, and continuous upgrades. FF aims to accelerate the launch of key AI-powered products, such as the Super AIHER system and the AI Cabin Agent, in potential future mass-production models.
FF's commitment to powertrain innovations is evident in its development of the Super AIHER system, which aims to address the limitations of current powertrains and push their capabilities to new heights. Future AIHER's strategic plan involves integrating third-party range extender technology into FX concept vehicles in the short term and developing its own AI-driven solutions in the long term.
"Our first ever Open AI Day was a tremendous success, and we are excited about the future of AI at FF," said Jia. "AI will revolutionize the automotive industry, reshaping the way people interact with vehicles and enhancing the overall driving experience."
About Faraday Future:
Faraday Future is a California-based global shared intelligent electric mobility ecosystem company with a mission to disrupt the automotive industry by creating user-centric, technology-driven driving experiences. The company's flagship model, the FF91, embodies its vision for luxury, innovation, and performance. With the new FX strategy, FF aims to introduce mass production models equipped with state-of-the-art luxury technology targeting a broader market segment.
For more information about Faraday Future, visit their website here.
Forward Looking Statements:
This press release includes forward-looking statements regarding Faraday Future's strategies, development plans, and commercialization efforts. These statements are subject to various risks and uncertainties that could impact the Company's performance and outcomes. It's important to note that actual results may differ from the forward-looking statements due to factors beyond the Company's control.
