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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): November 15, 2023

 

Faraday Future Intelligent Electric Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-39395   84-4720320
(State or other jurisdiction
 of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

18455 S. Figueroa Street
Gardena, CA
  90248
(Address of principal executive offices)   (Zip Code)

 

(424) 276-7616

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A common stock, par value $0.0001 per share   FFIE   The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $920.00 per share   FFIEW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure

 

On November 15, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) posted an investor presentation providing a business update on its website. The investor presentation will be made in connection with the Company’s Investor Day on November 15, 2023, at the Company’s headquarters in Gardena, California. A copy of the investor presentation is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The information contained in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits. The following exhibits are filed with this Current Report on Form 8-K:

 

No.   Description of Exhibits
99.1   Investor Presentation (Investor Day), dated November 15, 2023
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FARADAY FUTURE INTELLIGENT ELECTRIC INC.
   
Date: November 15, 2023 By: /s/ Jonathan Maroko
  Name:  Jonathan Maroko
  Title: Interim Chief Financial Officer

 

 

2

 

Exhibit 99.1

 

Faraday Future Intelligent Electric Inc. Nasdaq: FFIE Investor Day P r e s e n t a ti o n November 15, 2023

 

 

Legal Disclaimers Forward Looking Statements This presentation 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 presentation 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 among other things, statements regarding the Company's projected timeline and business plan, expectations regarding financing, expectations regarding the Company's technology and technological developments, expectations regarding our brand and perception, expectations regard the Company's vehicle performance and production capabilities, the market for the FF 91 2.0 Futurist Alliance, and expectations regarding the Co - Creation program, 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. 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 remediate its material weaknesses in internal control over financial reporting; risks related to the restatement of the Company’s previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; 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; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of 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; the Company's indebtedness; the Company's ability to cover future warranty claims; insurance coverage; 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; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; risks related to the Company’s stockholders who own a significant amount of the Company's common stock; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; 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 Form 10 - Q filed on November 13, 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. No Offer or Solicitation This presentation shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Trademarks This presentation contains trademarks, service marks, trade names and copyrights of Faraday Future and other companies, which are the property of their respective owners. 2 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Empower everyone to live, move, and breathe with autonomy V ISIO N 3 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

To perpetually evolve the way we move b y C o - C reat in g an d sha r in g a U se r - Centric intelligent electric mobility ecosystem that integrates Automotive, AI, Internet, and Clean energy industries MISSIO N 4 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

To Create the Ultimate AI TechLuxury & TimeLuxury Together, our Vision and Mission have led Faraday Future to ambitiously disrupt the ultra - luxury automotive world, first established by iconic brands from across the world like Ferrari and Maybach. We strive to be the most user - centric company in the global mobility market by not just being an EV company, but also a software - driven intelligent technology company. Faraday Future is propelled forward by the foundational need to have an ever - reciprocal relationship with our users. We will accomplish this by offering a shared intelligent mobility ecosystem, through ceaseless innovation and continuous invention. 5 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Brand Personality The FF Brand is confident, worldly, technically skilled, and extremely intelligent. It is an entrepreneurial leader, a visionary, and daring inventor. Its work represents the vanguard in its field, singular creations that are defiant and challenging — you’ve never seen anything like them. Difference is a driving creative force. The FF Brand is busy and engaged with multiple projects at the same time. Therefore, FF always seems to be in motion, moving quickly and acting decisively. It is willing to take risks for what it believes in, and backs up beliefs with solutions that work. The FF brand is also an empathetic communicator, focused on creating experiences that foster deeper connections between people. Its mission is to challenge convention and push the world forward with smarter, bolder, and more audacious answers to our problems. 6 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

7 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Placeholder Slide 2 8 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

A New Code 9 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

The UFO Line © 2023 FARADAY FUTURE 10 PROPRIETARY AND CONFIDENTIAL

 

 

3rd aiSpace © 2023 FARADAY FUTURE 11 PROPRIETARY AND CONFIDENTIAL

 

 

Defy Gravity 12 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Framework 13 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

All - Terrain AI Body Control Technology Integrated multi - axis torque technology system for AI propulsion, steering and braking AI Space & Internet Technology System FF aiDriving Technology System 3rd a i S p ace H y per M u l ti - V e c t o r i n g M ag i c A ll - I n - One 1 2 3 FF aiHyper 6x4 Architecture 2.0 Vert i c a l In t e g r a t i on Vert i c a l In t e g r a t i on Vert i c a l In t e g r a t i on Vert i c a l In t e g r a t i on FF a i D ri v i n g 4 4 Tech Systems H or i z o n t a l P e n etr a t i on FF OpenApp FF ai O S 2 FF a i H W 2 . 0 FF Mechanical FF Cloud FF A I Sy s t em A l l A I Sy s t em A l l A I Sy s t em A l l A I Sy s t em A l l A I All - AI All - Hyper All - Ability Co - Creation E X E C UT I O N PERCEPTIO N DECISION - MAKING 14 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Magic All - In - One All - terrain AI Body Control Technology System Hypercar P erf orm a n ce Sedan C o m f o rt SUV High ground clearance, visibility and space 4 x Technical Systems (1 of 4) 15 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Hyper Multi - Vectoring Multi - axis torque system for propulsion, steering and braking empowered by AI Hypercar Acceleration Class - leading Range P rop u l s io n 4 x Technical Systems (2 of 4) 16 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

3r d a i S p a ce AI Space & Internet Technology System 4 x Technical Systems (3 of 4) 17 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

– FF aiPal is the first generative AI product in mobility ecosystem. It redefines the mobility experience based on advanced Large Language Model (LLM) capabilities. – It seamlessly processes diverse mobility - related data, ensuring a highly personalized service. – FF collaborates with third - party developers through an open model to integrate mobility ecosystem AI services. 3rd aiSpace — FF aiPal 18 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

F F a i D riv i n g FF aiDriving Technology System The first automotive OEM in America equipping production vehicles with a high - resolution, ultra - long - range Lidar. 19 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL World Class Sensor Suite Powerful Compute Platform One of the most powerful production - ready SoCs from NVIDIA Full Vehicle Platform Integration Long term collaboration with NVIDIA Features Available Now Forward Collision Warning Auto High Beam Automatic Emergency Braking Adaptive Cruise Control Lane Centering Control Traffic Jam Assist Traffic Sign Recognition Available over OTA Smart parking Sm a r t su m m o ning N a vig a t i o n - ba se d A u t o D r ive 4 x Technical Systems (4 of 4)

 

 

F F O p e n A pp With full advantage of an FF Open Ecosystem, publish your application with the FF Co - Creation Open Platform, will enable your app to serve FF 91, future FF models, and potentially opening to all smart vehicles in the industry. FF aiOS 2 You will be involved in the development of FF's brand - new FF aiOS 2, contributing to the DNA and essential technology of FF 91. FF aiHW 2.0 You will participate in FF's crucial electronic component development including computing, V - Network, communication, peripherals, etc. FF Mechanical You will be involved in the development and improvement of all mechanical parts, including Powertrain, chassis, energy exchanging, safety, and ergonomics for the FF 91. FF Cloud You will be involved in the refinement and improvement of Cloud related functions, like toolchain, data mining, AI training, Web 3.0, etc. FF AI You will build models based on AI algorithms and pre - trained models prepared by FTOs. And co - create models and prompt ecosystems with FTOs. 6 x Technology Platforms 20 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Mission: – Enhance the vehicle’s performance capabilities through racing/time attacks around global racetracks while integrating the performance upgrades onto our production vehicles through the establishment of our “Track Pack”. – Through new technologies and AI software control, as well as the Co - Creation from racecar drivers, engineers, AI experts, and other industrial leaders, create a new species - All - Ability aiHypercar. – Under a controlled environment, with the development of both the entire vehicle and AI technologies, users can create more racing scenarios and enjoy omnipresent racetracks. Achievements: – The FF 91 2.0 Futurist Alliance Track Edition set a remarkable new record in its class at Willow Springs on June 6th, 2023, achieving the fastest lap time of 1 minute and 35 seconds among ultimate luxury production EVs weighing over 6,000 pounds. – On September 7th, 2023, with 1 minute 57.55 seconds, the FF 91 2.0 Futurist Alliance broke the fastest lap record in the SUV and Crossover categories as an All - Ability aiHypercar at the world - renowned Buttonwillow Raceway Park. – On October 25th, 2023, with a lap record of 1 minute 28.13 seconds in this 'elephant vs. cheetah' showdown, the 6000 plus pound All - Ability aiHypercar FF 91 2.0 Futurist Alliance beat the 4800 - pound Lamborghini Urus in the SUV category. FF has once again defied traditional perceptions of physics in the automotive industry. It showcases the Ultimate AI TechLuxury EV performance on the fastest track in the West. FF All - Hyper Global Racetrack Conqueror Plan 21 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

FF 91 2.0 Futurist — Extreme Technology, Ultimate Intelligent User Experience and a Complete Ecosystem 22 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Significant Upgrades of Key Components — FF 91 2.0 Futurist is a Competitive TechLuxury Offering 23 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL (1) Internet, Autonomous Driving and Intelligence . I.A.I. (1) Upgrades

 

 

FF is a User - centric Enterprise, and the Developer Co - Creation Officers Create Value While Sharing Benefits by Engaging in FF's Cutting - edge Technologies Co - Creation goals Forge partnerships with affluent users early in the cycle Act as a platform for users and the Company to share benefits Improve brand visibility Enhance brand loyalty and build trust FF 91 Vehicle - as - a - platform Automotive experts Share monetary value Purchase/lease vehicle Drive branding halo Assist in brand dissemination Feedback for next - gen tech enhancements Enter into consulting, branding and other agreements with FF Contributions by each partner Co - Creation Officers 24 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL Faraday Future

 

 

Developer/Co - Creator Participation Process Register Development Share B e n e f i t s P ur ch ase Device Since 2012 Developers Activating SDK Just Started in 2022 $100 billion $320 billion Since 2008 10,000+ 3,000,000+ $99.00/Y $ 25 . 00 $ 0 . 00 $ 0 . 00 Purchase Purchase Purchase P ur c h a s e /L e a s e App Store G oo g l e P l a y Task Based Task Based 70% - 85% 70% - 85% 100% 100% Co - Creation Benchmarks and Participation Process Commission Paid to Users 25 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Co - Creation Star Map Entrepreneurs Luxury Goods Entertainment Racing Sports Total Followers: ~200 million 26 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2014 2022 27 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2014 Visionary YT Jia founded Faraday Future in Los Angeles, California. 28 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2015 Company launched its first mule car. 29 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2016 Debuted FFZERO1 at CES. 30 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2017 Revealed the FF 91 at CES. FF 91 achieved Pikes Peak production - intent EV record. Signed Hanford facility lease. Closed Series - A financing. 31 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2018 Hanford factory is pre - production capable. FF unveiled the first pre - production vehicle in August. 32 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2019 Additional Gamma builds. Global Partnership Governance. 33 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2020 Laying the foundation for the IPO. 34 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2021 Listed on Nasdaq through a reverse merger. 35 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

2022 FF unveiled the first production intent vehicle of FF 91 2.0 Futurist Alliance. 36 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Highlights of the Year — 2023 37 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Faraday Future announced signing of a non - binding cooperation framework agreement with the City of Huanggang in Hubei Province, China. Highlights of the Year — 2023 January 38 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Faraday Future announced the start of production of the all - new Ultimate Intelligent TechLuxury FF 91 2.0 Futurist Alliance at its FF ieFactory located in Hanford, California. Highlights of the Year — 2023 M ar c h 39 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Faraday Future’s First Production FF 91 Vehicle Comes off the line at its FF ieFactory California. Highlights of the Year — 2023 A p r il 40 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Highlights of the Year — 2023 Faraday Future announces user - based Co - Creation “Mission Farad” which unites developers, creators, users, and investors to achieve value Co - Creation and Co - Sharing. M ay 41 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Highlights of the Year — 2023 Faraday Future launches the ultimate AI TechLuxury FF 91 2 . 0 Futurist Alliance, priced at $ 309 , 000 , as well as the eco product aiHypercar+, and open for reservations in both the United States and China . M ay 42 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Highlights of the Year — 2023 Faraday Future officially delivered the very first FF 91 2.0 Futurist Alliance to its first spire user and kicks off its August developer Co - Creation festival in Pebble Beach, California. August 43 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

© 2023 FARADAY FUTURE ~$3B Invested Capital invested to date to create an industry leading EV platform, I.A.I. (1) technology, product development and manufacturing capabilities ~660 Patents Filed or issued utility and design patents for both EV and I.A.I. (1) technology competitiveness 10,000 Capacity Future expected annual production capacity at FF's self - operated manufacturing facility in Hanford, California Dual Home Deep cultural roots in both the US and China provide competitive advantage across two of the largest EV markets August ‘23 Began Phase Two of the Company's Three - Phase Delivery Plan for the Company’s flagship – the FF 91 2.0 Futurist Alliance Direct Sales Online with anticipated targeted in - person experience centers and FF partner stores across target markets such as the US, China, Europe, and the Middle East PROPRIETARY AND CONFIDENTIAL 44 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 44 (1) Internet, Autonomous Driving and Intelligence

 

 

Highlights of the Master Plan 45 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 1. Drive the Company to financial independence for running operations 2. Continuous technology development, especially AI 3. Maximize top - line and bottom - li n e – f ir s t c on t i nuou s improvement of FF 91 before starting future models 4. Maximize market penetration in the Ultimate TechLuxury markets 5. Establish local R&D, Manufacturing, Supply Chain in core strategic markets

 

 

1. Drive the Company to financial independence for running operations 46 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2. Continuous technology development, especially AI 3. Maximize top - line and bottom - li n e – f ir s t c on t i nuou s improvement of FF 91 before starting future models 4. Maximize market penetration in the Ultimate TechLuxury markets 5. Establish local R&D, Manufacturing, Supply Chain in core strategic markets Highlights of the Master Plan

 

 

2 . Co n t i nuo u s t ec hno l og y development, especially AI 47 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3. Maximize top - line and bottom - li n e – fi r s t c o n ti nu o us improvement of FF 91 before starting future models 4. Maximize market penetration in the Ultimate TechLuxury markets 5. Establish local R&D, Manufacturing, Supply Chain in core strategic markets 1. Drive the Company to financial independence for running operations Highlights of the Master Plan

 

 

2 . Co n t i nuo u s t ec hno l og y development, especially AI 48 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3. Maximize top - line and bottom - li n e – f ir s t c on t i nuou s improvement of FF 91 before starting future models 4. Maximize market penetration in the Ultimate TechLuxury markets 5. Establish local R&D, Manufacturing, Supply Chain in core strategic markets 1. Drive the Company to financial independence for running operations Highlights of the Master Plan

 

 

2 . Co n t i nuo u s t ec hno l og y development, especially AI 49 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3. Maximize top - line and bottom - li n e – f ir s t c on t i nuou s improvement of FF 91 before starting future models 4. Maximize market penetration in the Ultimate TechLuxury markets 5. Establish local R&D, Manufacturing, Supply Chain in core strategic markets 1. Drive the Company to financial independence for running operations Highlights of the Master Plan

 

 

2. Short - term and medium - term funding opportunities 3 . V a l u a t i o n 4. Cost cuts and control im p r o v e m e n ts 5. Systems and capability build up 1 . M a r k e t o pp o rt un i ty and demand Finance / Operations 50 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

Finance / Operations 2 . S h or t - ter m a n d medium - term funding opportunities 51 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3 . V a l u a t i o n 4. Cost cuts and control im p r o v e m e n ts 5. Systems and capability build up 1. Market opportunity and demand

 

 

Finance / Operations 2. Short - term and medium - term funding opportunities 52 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3. Valuation 4. Cost cuts and control im p r o v e m e n ts 5. Systems and capability build up 1. Market opportunity and demand

 

 

Finance / Operations 2. Short - term and medium - term funding opportunities 53 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3 . V a l u a t i o n 4. Cost cuts and control impro v eme n t s 5. Systems and capability build up 1. Market opportunity and demand

 

 

Finance / Operations 2. Short - term and medium - term funding opportunities 3 . V a l u a t i o n 4. Cost cuts and control im p r o v e m e n ts 5. Systems and capability build up 1. Market opportunity and demand 54 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

 

 

© 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 55 Faraday Future: A Differentiated and Compelling Investment Opportunity (1) Internet, Autonomous Driving and Intelligence 1. A Unique TechLuxury Offering that Creates an Unrivaled Blue Ocean Market Modern design, superior driving experience, and personalized user experience position the Company at the intersection of innovation and luxury FF 91 2.0 Futurist Alliance, the Company’s flagship product, offers the performance of a hyper car, the handling of a sedan, and the space of an SUV 2. ~$3 billion Invested to Date Capital invested to date to create an industry leading EV platform, I.A.I (1) technology, product development and manufacturing capabilities 3. Transitioned to Revenue Generation Stage and Ready to Scale Successfully delivered FF 91 2.0 Futurist Alliance vehicles to industry leaders and Co - Creation officers from real estate, entertainment, and luxury car industries 4. First - ever Generative Artificial Intelligence in the Auto Sector for in - vehicle Usage In - vehicle compute platform, robust product stack and internet connectivity enables first ever generative AI capability in the auto sector for in vehicle usage 5. Revolutionary Proprietary Technology Technology competitiveness supported by more than 650 filed or issued utility and design patents for both EV and I.A.I. Scalable and modular EV platform allows efficient use of capital and rapid speed to market for future models 8. Unique Dual - home Market Strategy Traction and key relationships across both the US and China markets unlocks unique opportunities 6. In - ho u s e Manufa c t u ri n g Expected annual production capacity of 10,000 units at FF's self - operated manufacturing facility in Hanford, California 7. Realistic Achievable Business Model Co - Creation and Co - Sharing business models targeting operational cashflow equilibrium as early as 2025

 

 

56 ternate outro image Thank you Reserve yours today — https://www.ff.com/us/preorder/

 

v3.23.3
Cover
Nov. 15, 2023
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 15, 2023
Entity File Number 001-39395
Entity Registrant Name Faraday Future Intelligent Electric Inc.
Entity Central Index Key 0001805521
Entity Tax Identification Number 84-4720320
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 18455 S. Figueroa Street
Entity Address, City or Town Gardena
Entity Address, State or Province CA
Entity Address, Postal Zip Code 90248
City Area Code 424
Local Phone Number 276-7616
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Class A common stock, par value $0.0001 per share  
Title of 12(b) Security Class A common stock, par value $0.0001 per share
Trading Symbol FFIE
Security Exchange Name NASDAQ
Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $920.00 per share  
Title of 12(b) Security Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $920.00 per share
Trading Symbol FFIEW
Security Exchange Name NASDAQ

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