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Faraday Future (Nasdaq: FFAI) has announced its entry into the New York State EV market with plans to offer the FF 91 2.0 and future FX models. The company will provide premium leasing services through a strategic partnership, featuring flexible lease terms and customized solutions for New York customers.
This expansion follows the company's decision to establish an office in the New York Metro area to support their Investor Relations function. According to Global CEO Matthias Aydt, the East Coast market has been in their sights since before their 2021 IPO, with New York State representing a significant opportunity for both FF and FX brands.
The company views New York State as a strategic market due to its status as a major economic hub and growing EV market, aiming to strengthen their U.S. presence and increase brand visibility through this expansion.
