Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE), a California-based electric mobility company, has announced that its subsidiary, Faraday X (FX), has signed agreements with leading original equipment manufacturers (OEMs) to develop two upcoming AIEV (Advanced Intelligent Electric Vehicle) models.
These partnerships will focus on product development, testing, regulatory compliance, supply chain optimization, and production planning. The collaborating OEMs are poised to become key parts suppliers for FX, significantly advancing its Global Automotive Industry Bridge Strategy. With funding secured, FX aims to establish a competitive global supply chain and deliver its first model by the end of 2025.
FX’s vision is to seize opportunities in the U.S. AIEV market and establish itself as a leader in the industry.
“By integrating our Ultimate AI TechLuxury technologies into FX’s mass-market models, we aim to bridge the gap in the U.S. market and deliver high-performance AIEVs to American users,” said Matthias Aydt, Global CEO of FF.
Max Ma, newly appointed Global CEO of FX, emphasized the importance of collaboration: “By working with top OEMs, FX will create a cost-effective and quality-driven supply chain, leveraging FF’s expertise in AI, software, and intelligent internet technologies to achieve our vision of ‘An AIEV for Everyone.’”
The FX brand is actively recruiting talent to support its ambitious goals for next-generation AIEV products.