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0.0797908928325766 0.0422341449993121 0.0343926262209383 0.0317787866281469 0.0137570504883753 0.0125189159444215 -0.00949236483697898 0.00426468565139633
Stock impact report

Faraday Future Announces It Has Signed a Series of Agreements with Its Bridge Strategy Partner Which Will Accelerate FX Super One MPV Mass Production and May Seek Agreement to Expand to Fu...

Faraday Future Intelligent Electric Inc. - Class A (FFAI) 
Company Research Source: Business Wire
FF and its bridge strategy partner, Hebei Huanzhou Automobile Sales Co., Ltd., completed the signing of a package of agreements covering the FX Super One, now in the sprint toward mass production and initial deliveries.Based on the successful progress of the Super One, both parties may negotiate additional vehicle development projects including the FX 4.The parties may also negotiate for the geographic expansion of sales of the target vehicle models to Canada and the Middle East.The signing of core terms for eventual mass-production-oriented parts procurement further establishes the low-cost advantages and stable supply-chain capability of components for scaled FX Super One deliveries. Through collaboration with the Partner, FF will continue to amplify cost advantages and enhance the potential for full lifecycle profitability of the Super One—particularly by leveraging competitive parts procurement costs—supporting the Company’s goal to achieve positive cash flow as early as possible. Show less Read more
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