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Faraday Future exceeded targets with over 200 B2B preorders, secured crypto deposits, and appointed key figures in its EAI + Crypto push.
Faraday Future reported progress in its "EAI + Crypto" strategy, securing over 200 non-refundable deposits and preorders from B2B partners after its Middle East FX Super One launch, exceeding targets. Vanguard increased its stake in FF by 36% in Q3, holding about 7.1 million shares. The company appointed Chris Nixon Cox, grandson of Richard Nixon, as global strategic advisor. Soccer star Andrés Iniesta became the first global owner and Developer Co-Creation Officer. The FX Super One received its first crypto deposit in the Middle East. Work continues on the EAI F.A.C.E. production version, and the FX 4 rear design will be unveiled at the Los Angeles Auto Show, pending final agreements.