Faraday future secures $105 million in funding, announces "complete resolution" of production fund shortage

On July 16, Faraday Future announced tonight that it has secured $105 million (IT Home note: approximately 754 million yuan at current exchange rates) in financing. After the financing is in place, the company expects to... There is sufficient funding to launch the new model FX Super One.The plan is to use these funds to accelerate the development and delivery of FF and FX brand products and AI-related technologies, and to expedite the production and delivery of FX Super One.

Faraday Future's global president Jerry Wang stated, "The acquisition of an additional $105 million in funding will significantly enhance the company's ability to launch the FX Super One and achieve mass production deliveries. With our efficient operations, we plan to maximize the impact of this funding, further advancing our strategic goals, providing American consumers with high-quality, cost-effective EAIEVs, and becoming a leader in this market."

The official statement also mentioned that this financing meansSuper One's funding shortfall for mass production has been completely resolved.Currently, the bridge strategy for the FF and FX automotive industries between China and the United States is progressing smoothly. On July 17, the global debut of Super One, Super EAI F.A.C.E., and the FF EAI embodied intelligent body 6x4 architecture will take place. According to FF, the B-end (targeting enterprises, institutions, and other commercial users) paid orders for Super One have reached 4,800 units.