Faraday Future Intelligent Electric Inc. - FFIE STOCK NEWS

Faraday Future will host its annual 919 Futurist Day on September 19^th, 2021, at its Los Angeles HQ. The event will highlight the FF 91 product and technology with demos, business updates, and a toy drive in collaboration with The Purist Group for underprivileged children in Southern California. Participants include employees, families, investors, and potential users, all contributing to a co-creation experience. The FF 91 boasts high-performance specifications including 1050 horsepower and advanced technology features.

Faraday Future (FF) is actively seeking flagship store locations in Los Angeles and New York City to implement its Eco-O2O direct sales strategy. This model will integrate online platforms, FF-owned, and partner-owned stores, creating an asset-light sales network. The flagship stores will allow potential users to experience the FF 91 electric vehicle's advanced technology and performance. FF aims to establish its presence in 20 major cities worldwide by 2025, with existing partnerships for sales distributions in the U.S. and China.

Faraday Future (NASDAQ: FFIE) has announced the postponement of its Investor Day originally scheduled for September 21, 2021, due to the ongoing COVID-19 situation and new travel protocols. The company reassured stakeholders that production of its flagship FF 91 vehicle remains on schedule, with plans to have it ready within 12 months following its merger completion in late July 2021. Further information and updates will be shared soon.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) has appointed Liu Yuchao as the new Senior Vice President of Supply Chain in China. With over 16 years of experience in the automotive industry, Liu aims to enhance the mass production and delivery of the FF 91 vehicle. He will oversee supply chain operations, reporting to the CEO of FF China and the Global Supply Chain Head. FF is currently ramping up hiring at its Hanford, CA manufacturing facility to support FF 91's production. Reservations for the FF 91 Futurist model can be made via the FF app or website.

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.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) has partnered with Qmerit to provide premium EV home charging and energy installation solutions for future FF 91 drivers in the U.S. This collaboration aims to enhance the ownership experience by offering a seamless and convenient installation process. Users can schedule their charging installations before receiving their vehicles, ensuring readiness from day one. The FF 91 models feature high-performance capabilities, including 1050 horsepower and a 0-60 mph acceleration time of 2.4 seconds, as well as advanced technology for an enhanced user experience.

Faraday Future Intelligent Electric (NASDAQ: FFIE) has successfully completed a 2,270-mile testing journey along Route 66, assessing the FF 91 electric vehicle's performance in diverse conditions. This journey provided critical data on the vehicle's battery, propulsion, and systems, validating its production timeline. The FF 91 boasts 1,050 horsepower and a 0-60 mph acceleration time of 2.4 seconds, with features including video conferencing capabilities and automated systems. FF aims for a timely launch in 2022, enhancing its market position as an innovative electric vehicle provider.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) plans to significantly increase its employee count in the next year. This recruitment drive follows the completion of its business combination in July and aims to support the launch of the FF 91, its flagship electric vehicle, in 2022. CEO Carsten Breitfeld emphasized the company's commitment to attracting innovative talent in various sectors including manufacturing, engineering, and marketing. Applications for open positions are being accepted online, with key executive appointments expected to be announced soon.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) announced the appointment of Brian Krolicki as Chairman of its new Board of Directors, established after its merger with Property Solutions Acquisition Corp. on July 21, 2021. The nine-member board aims to guide FF in launching its flagship electric vehicle, the FF 91, within the next year. Krolicki, with extensive experience in finance and public service, emphasizes the board's roles in delivering advanced technology and innovative products in the electric mobility market.