Faraday Future Welcomes New Vice President of Manufacturing Matt Tall

Rhea-AI Summary

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) has appointed Matt Tall as its new Vice President of Manufacturing. With 29 years in the automotive industry, he will oversee the Hanford manufacturing plant upgrade and production of the FF 91. FF is ramping up hiring at the facility, with focus on top-level positions across various assembly roles. The plant upgrade aims for completion within 12 months post-merger closure. This strategic appointment and ongoing hiring efforts highlight FF's commitment to expanding its manufacturing capabilities.

Positive

• Appointment of Matt Tall as Vice President of Manufacturing enhances leadership expertise.
• FF 91 production is on track with plant upgrades aimed for completion within 12 months.
• Expansion of hiring efforts to support manufacturing capabilities at the Hanford facility.

Negative

• None.

Matt Tall Brings 29 Years of Automotive Industry Manufacturing Experience to Growing Company as it Prepares for Production

LOS ANGELES--(BUSINESS WIRE)-- Faraday Future Intelligent Electric Inc. (“FF”) (NASDAQ: FFIE), a California-based global shared intelligent mobility ecosystem company, today announced its new Vice President of Manufacturing, Matt Tall. Matt will be responsible for leading all facets of FF’s production and manufacturing, focusing on the Hanford manufacturing plant, where he will oversee the final phases of the plant upgrade, installation of component tooling, hiring, and the production of the FF 91.

Matt Tall - Faraday Future (Photo: Business Wire)

“I am thrilled to join the FF team and contribute my knowledge of manufacturing organizations within the automotive industry to this rising star of EVs,” said Matt Tall, Vice President of Manufacturing. “I’m looking forward to getting to know the team and helping to lead them through the production and rollout of the FF 91.”

Matt joins FF from Rivian, an electric vehicle automaker and automotive technology company, where he was VP of Manufacturing. Matt has 29 years of manufacturing experience spread across multiple traditional and EV automotive companies. In addition to Rivian, his previous experience includes working and implementing lean manufacturing while producing Ford, GM, and Mercedes Benz vehicles as well as additional positions in Engineering Product Development and New Business Development.

“We are very excited to welcome Matt to our growing team at FF,” said Global CEO of Faraday Future Carsten Breitfeld. “He brings a wealth of experience to help oversee the manufacturing and launch of our flagship FF 91.”

FF continues to prepare the Hanford manufacturing site for the installation of manufacturing equipment which will now speed up due to its recent listing as a public company on Nasdaq. The resources to complete the Hanford manufacturing plant are in-hand, with construction and equipment installation mapped out to meet its production goal, which is within 12 months of the closing of its merger that occurred in late July of this year.

FF is currently ramping up hiring efforts for the Hanford facility and expects to continue to increase hiring there in the coming months. Top-level positions are being recruited now, in vehicle assembly, paint, body and propulsion assembly. Worker hiring will be listed on www.ff.com/us/careers soon. Potential candidates should check the website often, as new positions are announced frequently.

Users can reserve an FF 91 Futurist model now via the FF intelligent APP or FF.com at: https://www.ff.com/us/reserve.

Download the new FF intelligent APP at: https://apps.apple.com/us/app/id1454187098 or https://play.google.com/store/apps/details?id=com.faradayfuture.online.

ABOUT FARADAY FUTURE

Established in May 2014, FF is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. Since its inception, FF has implemented numerous innovations relating to its products, technology, business model, profit model, user ecosystem, and governance structure. On July 22, 2021, FF was listed on NASDAQ with the new company name “Faraday Future Intelligent Electric Inc.” and the ticker symbols “FFIE” for its Class A common stock and “FFIEW” for its warrants. FF 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. With the ultimate intelligent tech luxury brand positioning, FF’s first flagship product FF 91 Futurist is equipped with unbeatable product power. It is not just a high-performance EV, an all-ability car, and an ultimate robotic vehicle, but also the third internet living space.

FOLLOW FARADAY FUTURE:

https://www.ff.com/
http://appdownload.ff.com
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture

NO OFFER OR SOLICITATION

This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

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 FF’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: FF’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; FF’s estimates of the size of the markets for its vehicles; the rate and degree of market acceptance of FF’s vehicles; the success of other competing manufacturers; the performance and security of FF’s vehicles; potential litigation involving FF; the result of future financing efforts and general economic and market conditions impacting demand for FF’s products. 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 preliminary registration statement on Form S-1 filed by Faraday Future Intelligent Electric Inc. 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 FF 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/20210831006091/en/

For Faraday Future

John Schillin

Investors: ir@faradayfuture.com

Media: ff@finnpartners.com

Source: Faraday Future Intelligent Electric Inc.

FAQ

Who is the new Vice President of Manufacturing at Faraday Future?

Matt Tall has been appointed as the new Vice President of Manufacturing at Faraday Future.

What is the role of Matt Tall at FFIE?

Matt Tall will oversee all facets of production and manufacturing, particularly focused on the Hanford manufacturing plant.

What is the current status of FFIE's manufacturing plant upgrades?

The Hanford manufacturing plant upgrades are in progress and are expected to be completed within 12 months.

How is Faraday Future planning to increase its workforce at the Hanford facility?

Faraday Future is ramping up hiring for top-level positions in vehicle assembly, paint, body, and propulsion assembly at the Hanford facility.

What is the stock symbol for Faraday Future?

The stock symbol for Faraday Future is FFIE, listed on NASDAQ.