Faraday Future Intelligent Electric is a California-based EV startup that designs and sells electric vehicles under two brands. The FF brand centers on the FF 91, an ultra-luxury electric SUV priced at roughly $309,000 targeting high-net-worth buyers, with deliveries beginning in August 2023 but remaining minimal to date. The FX brand targets broader markets, led by the FX Super One, a premium MPV priced from ~$85,000 with U.S. deliveries expected in mid-2026, and additional FX 4 and FX 6 models in planning at $30,000–$50,000. Manufacturing is centered at Faraday Future's Hanford, California facility, which has planned annual capacity of up to 30,000 vehicles. The company sells directly to consumers online and through partner-operated showrooms, and also pursues a B2B2C model via dealership and fleet partnerships. Beyond vehicles, Faraday Future holds a majority stake in AIxCrypto Holdings, a separately Nasdaq-listed subsidiary focused on blockchain infrastructure and digital assets, which management describes as a complementary financing flywheel to the core EV business. Additional revenue streams in development include software and OTA services, technology licensing across roughly 656 granted patents, and zero-emission vehicle credit sales. The company remains pre-revenue at scale, burning roughly $9M per month in operating cash as of mid-2025 and funded primarily through equity and convertible debt.
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