Faraday Future Receives Official Zero-Emissions CARB Rating for the FF 91 Futurist

Rhea-AI Summary

Faraday Future Intelligent Electric (FFIE) announced that its flagship FF 91 Futurist EV has been certified as a zero-emission vehicle by the California Air Resources Board (CARB). This certification positions the FF 91 among the first ultra-luxury electric vehicles available in California and other compliant states. The FF 91 boasts an EPA-certified range of 381 miles, a powerful output of 1,050 horsepower, and exceptional acceleration capabilities, making it a competitive entry in the luxury EV market.

Positive

• CARB certification enables the FF 91 Futurist to enter the California luxury EV market.
• FF 91 has an EPA-certified range of 381 miles and produces 1,050 horsepower.

Negative

• None.

• FF’s flagship FF 91 Futurist EV has been certified as a zero-emissions vehicle by the California Air Resources Board (CARB).
• With CARB certification, FF 91 Futurist will be among the first ultra-luxury electric vehicles offered in California and other states and territories that have adopted CARB’s ZEV requirements.

 

LOS ANGELES--(BUSINESS WIRE)-- Faraday Future Intelligent Electric Inc. (“FF”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the California Air Resources Board (CARB) has certified the FF 91 Futurist as a zero-emissions vehicle (ZEV).

Faraday Future today announced the California Air Resources Board (CARB) has certified the FF 91 Futurist as a zero-emissions vehicle (ZEV). With CARB certification, FF 91 Futurist will be among the first ultra-luxury electric vehicles offered in California and other states and territories that have adopted CARB’s ZEV requirements. (Photo: Business Wire)

The Zero-Emission Vehicle (ZEV) program is part of CARB's Advanced Clean Cars package of coordinated standards that control smog-causing pollutants and greenhouse gas emissions of passenger vehicles in California.

The ZEV certification paves the way for FF to launch the all-electric FF 91 Futurist in California, and nine additional states that have adopted CARB's ZEV requirements.

“CARB’s ZEV certification is an important step in the process of bringing the FF 91 Futurist to market,” said Dr. Carsten Breitfeld, Global CEO of Faraday Future. “One of FF’s founding principles is that we believe everyone has the right to breathe clean air. As a forward-thinking leader in clean energy EV technology, we’re confident Faraday Future, and its electric-powered offerings will be an asset in creating a future without smog-lined skies and greenhouse gas emissions.”

FF has announced the official certification of 381 miles of EV range from the U.S. Environmental Protection Agency (EPA).

FF 91 Futurist’s propulsion architecture was designed to achieve unmatched levels of performance and efficiency, complete with 381 miles of range. The system produces 1,050 horsepower and accelerates the car from zero to 60 mph in less than 3 seconds. FF 91 Futurist’s EV range is based on a vehicle that is fully equipped, with ample power, 22-inch wheels, loaded with technology, luxurious interior space, and features that set it apart from all others. FF has tested and developed this car to offer the user a smart device on wheels with luxury, technology, performance, and superb emission-free EV range.

The FF 91 Futurist was designed in the company’s headquarters in Los Angeles, engineered in Los Angeles, Silicon Valley, and China, and is currently in production-intent phase at the FF ieFactory California. The FF 91 Futurist’ “Global DNA” reflects the talent at FF and across the globe, with support from top-tier suppliers from countries such as Italy, Germany, Japan, the Netherlands, China, Belgium, Switzerland and more.

Users can preorder an FF 91 Futurist via the FF Intelligent App or through our website (English): https://www.ff.com/us/preorder/ or (Chinese): https://www.ff.com/cn/preorder/

Download the new FF Intelligent App (English): https://apps.apple.com/us/app/id1454187098 or https://play.google.com/store/apps/details?id=com.faradayfuture.online, (Chinese): http://appdownload.ff.com

ABOUT FARADAY FUTURE

Faraday Future is a class defining luxury electric vehicle company. The Company has pioneered numerous innovations relating to its products, technology, business model, and user ecosystem since inception in 2014. Faraday Future aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models. Faraday Future’s first flagship product is the FF 91 Futurist.

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FORWARD LOOKING STATEMENTS

This press release 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 press release, 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 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. Important factors, among others, that may affect actual results or outcomes include the Company’s ability to satisfy the conditions precedent and close on the various financings previously disclosed by the Company (including an effective registration statement for the resale of the ELOC shares described herein), the failure of any which could result in the Company seeking protection under the Bankruptcy Code; the ability of the Company to agree on definitive documents to effectuate the governance changes with FF Top; the Company’s ability to remain in compliance with its public filing requirements under the Securities Exchange Act of 1934, as amended, and the listing requirements of The Nasdaq Stock Market LLC (“Nasdaq”) and to continue to be listed on Nasdaq; the outcome of the SEC investigation relating to the matters that were the subject of the Special Committee investigation; 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; potential litigation involving the Company; the result of future financing efforts and general economic and market conditions impacting demand for the Company’s products; recent cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; and the ability of the Company to attract and retain employees, including a replacement auditor. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s registration statement on Form S-1/A filed on November 8, 2022, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221117006037/en/

Investors (English): ir@faradayfuture.com

Investors (Chinese): cn-ir@faradayfuture.com

John Schilling

Media: john.schilling@ff.com

Tim Gilman

Media: tim.gilman@ff.com

 

Source: Faraday Future Intelligent Electric Inc.

FAQ

What is the significance of the CARB certification for FFIE?

The CARB certification allows the FF 91 Futurist to be sold as a zero-emission vehicle in California and other states with similar regulations.

What are the performance specifications of the FF 91 Futurist?

The FF 91 Futurist has a range of 381 miles, produces 1,050 horsepower, and accelerates from 0 to 60 mph in less than 3 seconds.

When can customers preorder the FF 91 Futurist?

Customers can preorder the FF 91 Futurist through the FF Intelligent App or the company's official website.

Which states will offer the FF 91 Futurist following its CARB certification?

The FF 91 Futurist will be available in California and nine additional states that have adopted CARB's Zero-Emission Vehicle requirements.

How does the FF 91 Futurist compare to other luxury electric vehicles?

With its CARB certification, EPA range, and high performance metrics, the FF 91 Futurist aims to compete strongly in the ultra-luxury electric vehicle segment.