- Faraday Future has debuted the first All-Ability aiHypercar,
the FF 91 2.0 Futurist Alliance, which has undergone a
comprehensive upgrade and iteration in its technological
architecture since the FF 91 introduction six years ago.
- Faraday Future announced the AI-Powered “6x4 aiHyper Technology
2.0 Architecture”, which features technologies such as the “Magic
All-In-One”, “Hyper Multi-Vectoring”, “aiDriving”, and the “3rd
aiSpace”, as well as the “moat” safety-structure designed to keep
occupants safe.
- The FF 91 vehicle successfully passed the Federal Motor Vehicle
Safety Standard (FMVSS) crash test requirements. FF has performed
the highest severity crash tests and has passed all of these tests
successfully, including front, side and rear crash tests.
- At the forefront of the industry in terms of
acceleration-to-weight ratio of 0.78, and a range-to-weight ratio
of 136, and interior length-to-wheelbase ratio, FF 91 is targeting
to surpass Ferrari, Maybach, and Rolls-Royce by redefining the
criteria of the Ultimate AI TechLuxury flagship vehicles.
- The FF 91 2.0 Futurist Alliance is priced at $309,000.
- Faraday Future’s mobile ecosystem product, "FF aiHypercar+,"
will be available for an annual subscription price of $14,900 both
in the U.S. and China with the price of $100 for pre-orders.
- Faraday Future has completed a comprehensive upgrade and
iteration, transitioning from the 1.0 era to the 2.0 era since the
introduction of the FF 91 six years ago. The Company has redefined
the new category of "All Ability aiHypercar" and introduced the "FF
aiHyper 6x4 Architecture 2.0" technology structure.
- Faraday Future launches the “Ultimate AI TechLuxury Eternity”
plan and FF will commence the first phase of its three phase
delivery plan on May 31st, followed by a ”Co-creation Day” event on
June 6th. The first phase of the delivery plan is for industry
expert FPO(s) who will take possession of the reserved FF 91
vehicle at the beginning of the second phase of delivery.
- We plan to host a “FF Developers Co-creation AI Festival” at
the 919 event, held on September 19th, where we expect to announce
the FFAI strategy execution status and technology innovations.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)
("Faraday Future", “FF” or "Company"), a California-based global
shared intelligent electric mobility ecosystem company, today
unveiled its “FF 91 Final Launch & Faraday Future 2.0 Event.”
The Company announced product upgrades since the FF 91’s
introduction six years ago leading into the 2.0 era of mobility and
officially unveiled the release of the silicon-based new species,
the FF 91 2.0 Futurist Alliance and the FF 91 2.0 Futurist.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230530005741/en/
FARADAY FUTURE LAUNCHES THE ULTIMATE AI
TECHLUXURY FF 91 2.0 FUTURIST ALLIANCE, PRICED AT $309,000, AS WELL
AS THE ECO PRODUCT aiHYPERCAR+, NOW OPEN FOR RESERVATIONS IN BOTH
THE UNITED STATES AND CHINA (Graphic: Business Wire)
FF announced that the first phase of the Company’s three phase
delivery plan will commence on May 31st. A Co-creation event for
the first group of industry expert users will be held on June 6. In
this first phase, the Industry Expert FPO(s) will pay in full for
an FF 91 vehicle in order to reserve the vehicle and be trained in
the use of the vehicle. The Industry Expert FPO(s) will take
possession of the reserved FF 91 vehicle at the beginning of the
second phase of delivery.
The FF 91 2.0 Futurist Alliance is priced at U.S MSRP of
$309,000 and is currently limited to 300 units globally. Users can
preorder on ff.com and FF App, where you can find the prices of the
FF 91 Futurist and the FF 91.
The Company also launched its mobile ecosystem product, "FF
aiHypercar+," will be available for an annual subscription price of
$14,900 both in the U.S. and China with the price of $100 for
pre-orders.
FF's mobility ecosystem products encompass software, internet,
vehicle service, personalized AI algorithms, and even special
hardware versions tailored to specific user needs. These products
are relevant to vehicle usage and user special rights.
To always ensure the ultimate performance and the most updated
product and technology experience for the FF 91 2.0 Futurist
Alliance users, FF guarantees a resale value of at least 60% on the
FF 91 2.0 Futurist Alliance MSRP after 3 years, as part of the
“Ultimate AI TechLuxury Eternity Plan”. This plan will be revisited
at the end of 2023.
Today’s event celebrates how far FF has come and the new
progress that has been made with the FF 91 vehicle. Six years ago,
FF 91 was born, creating an era of intelligent mobility. FF’s
technology platform and system have undergone constant iterations
and upgrades and have evolved into the “FF aiHyper 6x4 Architecture
2.0” and gave birth to this silicon based new species today.
Based on the unique “FF aiHyper 6x4 Architecture 2.0”, the FF 91
2.0 series vehicles possess an impressive vehicle configuration and
performance.
As FF officially enters the 2.0 stage of development, the
Company believes that the future development of products and
technology in the spire mobility industry will be characterized by
FF’s four new trends of All-AI, All-Hyper, All-Ability, and
Co-Creation.
“This milestone event not only marks a new chapter in the
development of FF, but also a solid step towards our vision of
transforming the century-old automotive industry,” said Xuefeng
Chen, Global CEO of FF. “FF has faced many obstacles, but as a
trailblazer in the intelligent EV industry, FF has persevered.”
“FF has morphed from pioneering the intelligent EV 1.0 stage to
the all-AI-powered 2.0 stage. Today, we have achieved another major
milestone,” said YT Jia, FF’s Founder & CPUO. "FF aiHyper 6x4
Architecture 2.0" was born to be the next-generation technology
architecture that addresses key issue points from the spire users
of future mobility.”
The FF 91 2.0, the world’s first silicon-based new
species
The first of its kind, the “All-Ability aiHypercar” FF 91 2.0
Futurist Alliance is a newly evolved silicon-based new species,
which features incredible vehicle configurations and performance.
Three motors with 1050hp; 1977Nm of electric motor output torque,
largest in class; battery pack energy: 142kwh, the largest in
class; EPA certified range: 381mi, the farthest in class.
The FF 91 has the “moat body structure” + “moat pack structure”,
creating a side impact crumple zone. The "moat structures" are
integrated with the aluminum body, providing the largest-in-class
battery crumple zone. The “moat design” is intended to balance
optimal occupant protection and high voltage battery protection as
well as providing optimal packaging space for the vehicle
design.
The FF 91 vehicle successfully passed the Federal Motor Vehicle
Safety Standard (FMVSS) crash test requirements. FF has performed
the highest severity crash tests and has passed all of these tests
successfully, including front, side and rear crash tests.
FF 91 2.0 also boasts the longest interior space among
ultra-luxury vehicles with a similar wheelbase + Zero-Gravity seat
with the industry's largest recline angle of 60 degrees, bringing
the comfort level of first class to land. With an acceleration time
of just 2.27 seconds for 0-60 mph (96 km/h), the FF 91 2.0 takes
the top spot in terms of acceleration-to-weight ratio of 0.78,
surpassing traditional and electric vehicle competitors alike. With
the next-generation technology architecture, the “FF aiHyper 6x4
Architecture 2.0,” powered by FF AI, the FF 91 2.0 has the
capability to perceive user habits, engage in continuous learning
and evolve, with the goal of surpassing users’ understanding of
themselves. Through the “3rd aiSpace”, users can fully indulge in
the unique convenience and enjoyment.
The FF 91 2.0 boasts dimensions of 5,250 x 2,283 x 1,598 mm
(length x width x height) and a wheelbase of 3,200 mm. With its
spacious interior, it sets a global benchmark for
wheelbase-to-space ratio. In terms of exterior design, the FF 91
2.0 is truly space-age, with its innovative matrix-style LED
headlights that span across the front and rear of the vehicle.
FF aiHypercar 6x4 Architecture 2.0: The next-generation
technology driven by FF AI
During the event, Faraday Future also announced a fully upgraded
next-generation technology architecture driven by FF AI -- "FF
aiHyper 6x4 Architecture 2.0". “6x4” refers to the vertical
integration and horizontal penetration of FF’s six technology
platforms and four technology systems. The six technology platforms
are “FF OpenApp”, “FF aiOS 2”, “FF aiHW 2.0”, “FF Mechanical”, “FF
Cloud” and “FF AI”. The four technology systems are the “Magic
All-In-One”, “Hyper Multi-Vectoring”, “3rd aiSpace”, and “FF
aiDriving.”
At the system level, FF vertically integrated different platform
modules in order to maximize performance and achieve hyper
cross-platform integration. System technologies are empowered by
platform technology, and user benefits are realized through AI
integration.
Through the fusion of general AI + personalized AI + “1-on-1
Bespoke Private AI”, FF is delivering an elite mobility experience
to the spire users. All-AI is the soul of “FF aiHyper 6x4
Architecture 2.0”. With AI algorithms + AI engines + and AI
services, FF has designed end-to-end integration of AI
capabilities, realizing All-AI integration with platforms and
systems.
In addition, certain developers and third parties are invited to
participate in R&D through an open technology platform,
fostering co-creation of the technology architecture. For
ultra-spire users, time is the ultimate luxury. FF believe aiHyper
6x4 Architecture 2.0 will be the next-gen technology architecture
that addresses key pain points from the spire users of future
mobility. The "All-Ability aiHypercar," built on this architecture,
aims to provide users with 1 to 2 hours of increased time in their
day for added value and efficiency. Our Ultimate AI TechLuxury is
designed to offer spire users "26-hour days."
The “Magic All-In-One” System
The unique “Magic All-In-One” is an all-terrain AI vehicle body
control technology system equipped with hyper agility and
precision. Users can enjoy an optimized driving experience and
personalize their mobility experience through 1 on 1 Bespoke body
tuning. The vehicle offers All-in-one combination of the
performance of a hypercar, the comfort and handling of a sedan, and
the high ground clearance, visibility, and space of an SUV. One
computing module integrates the comprehensive capabilities across
cabin, driving, electric propulsion, body, and suspension.
Based on the preferences and needs of ultra-spire users, FF
expects the “Magic All-in-One” technology system of FF 91 2.0
Futurist and FF 91 2.0 Futurist Alliance to offer two editions. The
“Magic All-in-One” track edition emphasizes track performance
tuning with all-terrain capability and includes a one-on-one
professional track driving training session with a professional
racing car driver. The "Magic All-in-One" balance edition
emphasizes all-terrain balanced tuning for the three vehicle types:
Hypercar, Sedan, and SUV with air suspension providing for a
smoother ride. The Company plans to deliver the track edition
first, followed by the balance edition. FF intends for users to
take advantage of a one-time system exchange free of charge,
allowing them to enjoy two distinct vehicle experiences tailored to
their diverse driving needs.
The “Hyper Multi-Vectoring” System
The “Hyper Multi-Vectoring” (an integrated multi-axis torque
vectoring AI system for propulsion, steering and braking) of FF 91
2.0 Futurist and FF 91 2.0 Futurist Alliance has a multi-axis
design that intelligently adjusts the torque output of each wheel
according to different driving conditions to achieve optimal drive
force distribution and provide precise and agile handling
performance.
The system intelligently adjusts torque output, allowing for a
personalized AI-customized driving experience that delivers
ultimate control and handling.
The large battery pack and multi-axis no-latency hyper power
output not only provide an exciting experience for the driver, but
also allow passengers to sit comfortably in the back and enjoy the
thrill of the ride.
The integration of multi-axis vectoring and AI technology was
designed to enable the FF 91 2.0 Futurist to keep excellent ride
control and safety in different hyper modes, even in emergency
situations. Additionally, users can opt for and "1 on 1 Bespoke
Private AI and Tuning" package to further enhance their ultimate
driving and handling experience.
The “3rd aiSpace” System
FF 91 2.0 is equipped with 3 modems, an industry-first. The
Super AP 5G x 3 supports three carriers, delivering triple speed
and triple coverage with minimal latency. In the US, it supports
AT&T, Verizon and T-Mobile so even if two carriers are down,
you may still rely on the third one for service.
In the future, FF plans to launch an option for a high-speed
internet satellite communications suite. Additionally, the vehicle
has the world's fastest in-car network speed: 10G Ethernet and the
world's largest in-car display capability with OLED technology and
11+ displays.
FF 91 2.0 creates a mobility work scenario by moving the meeting
room and live broadcast studio to the car and delivering the
ultimate AI mobility lifestyle. Integration of FF ID and web3
wallet delivers personalization for each seat. FF Generative AI
enables an intelligent in-car experience, removing the need for a
phone in the car. Smartwatch remote control feature provides a
convenient experience for spire users.
The “FF aiDriving” System
The intelligent driving technology system of FF 91 features a
fusion of 3 types of AI that creates intelligent assisted driving.
FF has heavily invested in the customization of AI. The unique
fusion of general AI + personalized AI + “1 on 1 Bespoke Private
AI” delivers for the spire users the aiDriving (driver-assistance
system) that aims to know you better than you know yourself.
The Company is dedicated to delivering technology and product
iterations and upgrades to our spire users through OTA. We plan to
host a “FF Developers Co-creation AI Festival” at the 919 event,
held on September 19th, where we expect to announce the FFAI
strategy execution status and technology innovations. We invite
certain futurists to participate in the FF Developers Co-Creation
Program, driving the ongoing upgrade and evolution of the mobility
industry for our spire users.
FF "All-Ability aiHypercar": Redefining the new category and
standard of intelligent spire EV
The “All-Ability aiHypercar” defines the new category and core
standard of intelligent spire EV. “Hypercars" have been widely
known as those with over 1,000 horsepower and million-dollar price
tags, representing the top 1% in both performance and price. FF
believes future hypercars will redefine the criteria from two
perspectives, the traditional mechanical hyper and silicon-based
hyper.
FF 91 2.0 Futurist Alliance is limited to 300 units and the
price is a MSRP of $309,000 US dollars. Online pre-sale is fully
open.
The FF 91 2.0 Futurist Alliance offers additional privileges and
benefits compared to the FF 91 2.0 Futurist. It provides signature
customization including the option for Founder Signature Edition,
“1-on-1 bespoke private AI and special tuning”. It will be
available in three Alliance colors of bright silver and matte
silver, matte black, as well as an exclusive wheel design.
All FF 91 2.0 Futurist Alliance users will also receive
exclusive professional track-time training, and an Apple Watch with
FF vehicle control feature. The first ninety one Alliance users
will receive a high-speed Internet satellite communications suite
(free upgrades and installation expected to be provided when
available).
In addition, the FF mobility ecosystem product, “FF
aiHypercar+,” has an annual subscription price of $14,900. This
exclusive pricing offer is limited to the first 2,000 users in the
US and China markets. Through the support of Web 3.0 technology, FF
has designed a system separating software and hardware, aiming to
allow car users to truly own the software as an asset for the first
time. Consumer owned software would be a breakthrough in the
automotive industry and even the consumer electronics industry.
We are now accepting full payment for the FF 91 2.0 Futurist
Alliance to preorder the vehicle and be trained in the use of the
vehicle. We have also re-opened vehicle pre-ordering. New users in
the US can secure a spot on the Alliance edition waitlist by
placing a $5,000 deposit, while those in China can place a 50,000
RMB deposit. Additionally, online pre-orders are open for both the
FF 91 2.0 Futurist and the FF 91 2.0.
New users in the US can secure a spot on the Futurist edition
waitlist by placing a $1,500 deposit, while those in China can
place a 20,000 RMB deposit. The US deposit for FF 91 2.0 is $1,000,
while those in China can place a 10,000 RMB deposit. We invite our
users to place their pre-orders through FF’s recently upgraded FF
Intelligent APP and ff.com. The deposit for the FF aiHypercar+ is
$100. The first 2,000 users who put down the deposit will have the
opportunity to secure their privilege status and lock in the price
for the FF aiHypercar+.
FF will commence its co-creation delivery for the first industry
expert FPOs on May 31st, which marks the start of the first phase
of delivery in the three-phase delivery plan. Qualified users who
make full payment and are recognized as industry expert FPOs will
have the chance to participate in FF's exclusive co-creation
delivery. It will operate on a first-come, first-served basis
according to the order of payment. “Co-Creation Day” for the first
group of industry expert FPOs is scheduled on June 6th. These
industry expert FPOs will take possession of the reserved FF 91
vehicle at the beginning of the second phase of delivery.
After 9 years of intense work, FF has completed the upgrade
and transformation from 0 to 1.0 and then to 2.0
FF boasts a global corporate structure with US and China dual
home bases that encompass our dual DNA strategy with globally
integrated operations across R&D, supply chain, production, and
sales. “Born in California, Global DNA” is deeply etched in FF’s
globally distributed staff.
Currently, FF has obtained 660 global patents, becoming a leader
among global technology startups. With the support of our top-tier
suppliers worldwide, FF has successfully built the Ultimate AI
TechLuxury FF 91 2.0.
Users can preorder an FF 91 vehicle via the FF Intelligent
App or through our website (English):
https://www.ff.com/us/preorder/ or (Chinese):
https://www.ff.com/cn/preorder/
Download the new FF Intelligent App (English):
https://apps.apple.com/us/app/id1454187098 or
https://play.google.com/store/apps/details?id=com.faradayfuture.online,
(Chinese): http://appdownload.ff.com
ABOUT FARADAY FUTURE
Faraday Future is the pioneer of the Ultimate AI TechLuxury
ultra spire market in the intelligent EV era, and the disruptor of
the traditional ultra-luxury car civilization epitomized by Ferrari
and Maybach. FF is not just an EV company, but also a
software-driven intelligent internet company. Ultimately FF aims to
become a User Company by offering a shared intelligent mobility
ecosystem.
FOLLOW FARADAY FUTURE:
https://www.ff.com/ https://www.ff.com/us/mobile-app/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture/
FORWARD LOOKING STATEMENTS
This press release “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 “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” 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 anticipated start of delivery for
the FF 91 vehicle and the first phase of the delivery plan, the
Company’s ability to meet its future production and delivery plan,
the development and success of the Company’s co-creation and
benefits co-sharing program, and the Company’s planned partner
showrooms, 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 whether the FF
Top Holdings LLC Shareholder Agreement complies with Nasdaq listing
requirements, including Nasdaq Listing Rule 5640 regarding voting
rights, the market performance of the Company’s Common Stock, the
Company’s ability to regain compliance with the Nasdaq listing
requirements and the Company’s ability to execute definitive
documentation in connection with and/or satisfy the conditions
precedent and close on the various financings previously disclosed
by the Company and anticipated additional financings, the failure
of any of which could result in the Company seeking protection
under the Bankruptcy Code; the Company’s ability to amend its
certificate of incorporation to permit sufficient authorized shares
to be issued in connection with the Company’s existing and
contemplated financings; the ability of the Company to agree on
definitive documents to effectuate the non-binding City of
Huanggang Framework Agreement; the Company’s ability to remain in
compliance with its public filing requirements under the Securities
Exchange Act of 1934, as amended, and Nasdaq listing requirements
and to continue to be listed on Nasdaq (including following the
execution of the Shareholder Agreement); the outcome of the
Securities and Exchange Commission (the “SEC”) investigation
relating to the matters that were the subject of the Special
Committee investigation and other litigation involving the Company;
the Company’s ability to execute on its plans to develop and market
its vehicles and the timing of these development programs
(including timely receipt of parts and completion of crash tests);
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 success of other
competing manufacturers; the performance and security of the
Company’s vehicles; potential litigation involving the Company; the
result of future financing efforts and general economic and market
conditions impacting demand for the Company’s products; potential
cost, headcount and salary reduction actions may not be sufficient
or may not achieve their expected results; and the ability of the
Company to attract and retain employees. The foregoing list of
factors is not exhaustive. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the “Risk Factors” section of the Company’s registration
statement on Form S-1 filed with the SEC on May 4, 2023, the “Risk
Factors” section of the Company’s Form 10-Q filed with the SEC on
May 10, 2023, the “Risk Factors” section of the Company’s Annual
Report on Form 10-K filed with the SEC on March 9, 2023, and other
documents filed by the Company from time to time with the SEC.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and the Company does not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230530005741/en/
Investors (English): ir@faradayfuture.com Investors (Chinese):
cn-ir@faradayfuture.com Media: john.schilling@ff.com
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