Faraday Future Provides Business Update
Faraday Future Intelligent Electric Inc. (FFIE)
Company Research
Source: Business Wire
– ieFactory California Nearing Completion –– Fundraising Effort Ongoing with Multiple Parties –– Start of Production and Deliveries Expected in Q4 2022 – LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, provided a business update as it works to raise additional capital and launch the FF 91.The Company’s ieFactory California, in Hanford, California, has made continued progress in a challenging macro environment, and all equipment required for the Start of Production (“SOP”) is on site. Certain equipment needed to fully ramp production is currently scheduled to arrive later this year, as anticipated, and is not expected to materially affect the timing or rate of the production ramp up. With the equipment on site, Faraday Future has made substantial progress with equipment installation in vehicle manufacturing areas of the factory.
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FFIE
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FFIE
Sec Filings
- 4/15/24 - Form 8-K
- 4/2/24 - Form NT
- 3/15/24 - Form 8-K
- FFIE's page on the SEC website