- The first user of the Ultimate AI TechLuxury FF 91 vehicle has
signed the first sales contract for the first FF 91 2.0 Futurist
Alliance today in Los Angeles, CA as FF continues to execute the
first phase of FF’s three-phase delivery plan.
- In addition to the FF 91 Futurist pre-order capability now in
effect, FF’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 a pre-order deposit fee of $100.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE)
("Faraday Future", “FF” or "Company"), a California-based global
shared intelligent electric mobility ecosystem company, today
announced the signing of the first sales contract for the FF 91 2.0
Futurist Alliance as the Company continues to execute on the first
phase of its three-phase delivery plan.
Much like Faraday Future is “disrupting” the century-old
automotive industry, architecturally trained designer and Faraday
Future fan, Rem D Koolhaas, who is the very first FF 91 2.0
Futurist Alliance user, is also known as a “disruptor” as it
relates to creating dramatic design approaches to objects including
automobile design. Rem created the award-winning fashion label
United Nude in 2003. United Nude is widely known for blending the
worlds of fashion and architecture within abstract yet functional
objects such as shoes, chairs, and personal accessories.
Rem has applied his dramatic design approaches to automobile
design, resulting in vehicles with limited facets and curves that
are still technically advanced and fully functional. Rem and United
Nude created “The Lo-Res Car” and showcased it as a conceptual EV
in 2015 at the world-famous Petersen Automotive Museum. As Faraday
Future is breaking the boundaries in design, technology, and
mobility, we are excited to have such a design-focused visionary to
co-create with us and help us disrupt the industry and lead FF into
the future of new mobility.
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.
The FF 91 2.0 Futurist Alliance is currently priced at
$309,000.
The vehicle is driven by three motors making 1050 horsepower,
1977Nm of electric motor output torque, the largest in its class.
FF 91 2.0 Futurist Alliance 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 first-class comfort to the road. With an acceleration time
of just 2.27 seconds for 0-60 mph (96 km/h), the FF 91 2.0 Futurist
Alliance takes the top spot in terms of the acceleration-to-weight
ratio of 0.78, and a range-to-weight ratio of 136, surpassing
traditional and electric vehicle competitors alike.
The next-generation technology architecture, the “FF aiHyper 6x4
Architecture 2.0,” powered by FF AI, the FF 91 2.0 Futurist
Alliance has the capability to perceive user habits, engage in
continuous learning and evolve. Through the “3rd aiSpace”, users
can fully indulge in unique convenience and enjoyment. In terms of
exterior design, the FF 91 2.0 Futurist Alliance is truly
space-age, with its innovative matrix-style LED headlights that
span across the front and rear of the vehicle.
“I’m excited to see our first user now under contract for our FF
91 and our continued progress on the first phase of our delivery
plan. The FF 91 was envisioned six years ago and since then, we
have continuously upgraded our vehicle,” said YT Jia, FF Founder
& CPUO.
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.
Check more details regarding FF’s three-phase delivery
plan:
https://investors.ff.com/static-files/7bd505b8-6054-4e57-b492-9f01bca8ccef
Watch the FF 91 Final Launch & Faraday Future 2.0 Event
full video and download the presentation. (English):
https://www.ff.com/us/ff91event/ (Chinese):
https://www.faradayfuturecn.com/cn/ff91event/
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 the second
and third phases 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/20230602005180/en/
Investors (English): ir@faradayfuture.com Investors (Chinese):
cn-ir@faradayfuture.com Media: john.schilling@ff.com
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