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Summary Faraday is running thin on cash, with ~2 months' cash on hand at its current burn rate. With another delay for the launch of the FF 91 to Q4, Faraday will more than likely need more cash infusions before the end of the year. Cash burn rates are likely to increase as pr...
Global electric car sales for June 2022 - Up 54% YoY reaching 16% share. China sales up 132% YoY to 28% share. Europe sales down 8% YoY to 21% share. EV market news - US crosses the electric-car tipping point for mass adoption. Reconciliation Bill has $369 billion to fight climate cha...
Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...
Short-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening. The report attempted to outline how NIO, through an unconsolidated entity, is falsely inflating revenue and net income pertaining to its BaaS business. The report als...
Fisker is approaching start-of-production for its first model, the Ocean SUV, and believes that it has secured sufficient supply for a smooth ramp. Fisker is targeting attractive growth in production volume, of 50,000 units in 2023 and 150,000 units in 2024. Maintaining a more con...
Faraday Future is fast running out of cash just as the production of its flagship FF 91 is about to begin. The worsening macroeconomic backdrop will make plugging this liquidity gap more difficult. An SEC subpoena creates material uncertainty around the company's future. For...
The following slide deck was published by Faraday Future Intelligent Electric Inc. in conjunction with this event. For further details see: Faraday Future Intelligent Electric (FFIE) Investor Presentation - Slideshow
Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...
Faraday Future Intelligent Electric Inc. (FFIE) Q1 2022 Earnings Conference Call May 23, 2022 5:00 PM ET Company Participants Mark Connelly - VP, IR Carsten Breitfeld - Global CEO Becky Roof - Interim CFO Conference Call Participants Dan Ives - Wedbush Trevor Young - Credit Suisse Emmanuel Ro...
Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...
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Faraday Future Intelligent Electric Inc. Warrant Company Name:
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Announces 300 invite-only, limited-edition FF 91 Futurist Alliance Edition model and new reservation plan for FF 91 Futurist model, with a deposit of $5,000 and $1,500, respectively. New FF Intelligent APP and FF.com will be the online reservation platform. $1 billion round ...