ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Faraday Future Kicks Off Trial Production Phase of its FX Super One MPV at its Hanford, CA Manufacturing Facility, Advancing Engineering and Safety Testing

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 that its newly-unveiled First Class EAI-MPV model, the FX Super One, has commenced its trial production phase at its Hanford, CA factory.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250731217247/en/

Faraday Future Kicks Off Trial Production Phase of its FX Super One MPV at its Hanford, CA Manufacturing Facility, Advancing Engineering and Safety Testing.

Faraday Future Kicks Off Trial Production Phase of its FX Super One MPV at its Hanford, CA Manufacturing Facility, Advancing Engineering and Safety Testing.

The trial production phase is primarily focused on planning and verifying production processes, operational workflows, and quality standards. In parallel, engineers and production staff at the Hanford factory are undergoing specialized training to support production readiness.

Following this phase, the Company will proceed with comprehensive vehicle engineering of the vehicle, which includes extensive safety testing and validation. These efforts are integral to ensuring that the FX Super One meets the highest standards of quality, performance, safety, and the end user experience.

The FX Super One was unveiled on July 17 in Los Angeles and showcased the Super EAI F.A.C.E. (Front AI Communication Ecosystem) and the FF EAI Embodied AI Agent 6x4 Architecture. The vehicle is positioned as an EAI-MPV that aims to redefine the traditional mobility experience long dominated by models such as the Cadillac Escalade.

Faraday Future’s current 1.1 million-square-foot manufacturing and production facility in Hanford, California, named “FF ieFactory California,” has approximately $300 million invested so far in the multi-use facility, and with additional investment and permitting, could become capable of producing more than 30,000 vehicles annually.

The Company’s Hanford factory could prepare a flexible production line for FX units, including FF. The facility would support mixed-line manufacturing or assembly for multiple models.

The Company recently completed a new round of financing commitment totaling $105 million, which is expected to nearly cover the launch of the FX Super One.

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 https://www.ff.com/us/.

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 “could,” “will,” “should,” and “future,” 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 production capacity expansion, the FX brand, the Super One MPV, future FX models, future FX reservations, expansion into new states and markets, and production and sales goals, 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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.