Faraday Future Delivers the FF 91 2.0 Futurist Alliance to YT Jia, Company Founder and Chief Product and User Ecosystem Officer at its “Delivery Co-Creation Day”
October 09 2023 - 12:44AM
Business Wire
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)
(“Faraday Future”, “FF” or “Company”), a California-based global
shared intelligent electric mobility ecosystem company, today
delivered the Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance to
its Founder and Chief Product and User Ecosystem Officer YT Jia
during its “Delivery Co-Creation Day” event at the Company’s
headquarters in Los Angeles.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231008454685/en/
Faraday Future's Global CEO Matthias Aydt
(L) and FF Founder and Chief Product and User Ecosystem Officer YT
Jia (R) (Photo: Business Wire)
FF’s Global CEO, Matthias Aydt, personally handed over the car
to YT. Sean Lee, the founder of Purist Group, also attended and
joined in experiencing the FF 91 2.0 Futurist Alliance on assorted
iconic Southern California roadways. They experienced the historic
Pacific Coast Highway cruising by landmarks such as the Los Angeles
International Airport, Santa Monica Beach, the endpoint of the
legendary Route 66, and numerous other renowned scenic spots along
the captivating coastline of California.
Mr. Jia and Sean also met and Co-Created with one of FF’s newest
FF 91 2.0 Futurist Alliance owners and Developer Co-Creation
Officers, who will be announced soon and is known as the King of
R&B for his unique music style, earning him prestigious
recognitions including a Grammy, MTV Video Music Awards, AMA, and
BET Music Awards, among others.
The Company will post a video of this “Developer Co-Creation
Day” event at 18:00 PM PST on October 9 through the FF App or the
Link below:
https://www.ff.com/us/developer-co-creation-festival/
Transcript of Speech given by Mr. Jia today:
Hello everyone, today is weekly “FF Delivery Co-creation Day” of
October. In addition to delivering the FF 91 2.0 Futurist Alliance
to me, we will also announce the globally renowned King of R&B,
winner of numerous international music awards such as the Grammy
Awards and MTV Music Awards, who will become the next user of the
FF 91 2.0 Futurist Alliance and a Co-Creation Officer. In a moment,
I will drive my newly delivered car to his home. We will see what
kind of disruptive value we can co-create.
Now, we are entering the revenue generation phase and have
formed a complete operational loop, and more industry leaders in
the US are becoming FF users and Co-Creation Officers. There have
been significant changes in FF’s business fundamentals, including a
new management team that is the most passionate about the Company
and collectively has the strongest capabilities in the history of
FF. The Company is currently in its best development phase since
its inception, and it is a critical period for business growth.
I believe FF has essentially established all the foundations for
substantial growth, subject to funding availability. We've
triumphed over the darkest moments many times before. With our
unique DNA and the support of our stakeholders including
stockholders, we're confident that we stand on the cusp of an
extraordinary surge of energy. I believe FF is positioned within
the best window of opportunity.
Currently, we are making every effort to attract institutional
investors and strategic investors to address the capital
requirements for production ramp-up. We aim to enhance our supply
chain management capabilities and cost control abilities to achieve
the lowest possible operational costs for the Company while rapidly
increasing production capacity and the number of deliveries.
After today's “Delivery Co-Creation Day,” I will begin sharing
my time spent with the FF 91 2.0 Futurist Alliance through various
forms, including livestreaming on the FF App. I will also invite
other FF Developer Co-Creation officers to develop and co-create on
my vehicle and engage in interactive discussions with everyone,
providing updates on FF’s progress for our stakeholders. I will
continue to fight along with FF for the value maximization of all
stakeholders and stockholders.
Thank you.
Users can preorder an FF 91 2.0 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:
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
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www.linkedin.com/company/faradayfuture/
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 “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
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, among others: the Company’s ability to
continue as a going concern and improve its liquidity and financial
position; the Company’s ability to execute on its plans to develop
and market its vehicles and the timing of these development
programs; 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 Company’s ability to satisfy the conditions
precedent and close on the various financings described elsewhere
by the Company; the result of future financing efforts, the failure
of any of which could result in the Company seeking protection
under the Bankruptcy Code; 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, any adverse developments in
existing legal proceedings or the initiation of new legal
proceedings, and volatility of the Company’s stock price. You
should carefully consider the foregoing factors and the other risks
and uncertainties described in the “Risk Factors” section of the
Company’s Form 10-K/A filed with the Securities and Exchange
Commission (“SEC”) on August 21, 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/20231008454685/en/
Investors (English): ir@faradayfuture.com Investors (Chinese):
cn-ir@faradayfuture.com Media: john.schilling@ff.com
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