Faraday Future and Faraday X Recently Joined a Business Roundtable at the White House in Washington, D.C., Where FX CEO, Max Ma, Contributed to Key Discussions on Global Tariffs, U.S. Manufacturing and Innovation

Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF recently joined a business roundtable at the White House in Washington, D.C., with numerous business leaders, including meeting with Hailey Borden, Special Assistant to President Trump, and Director of Business Outreach in the Office of Public Liaison. The business roundtable, attended by FX CEO Max Ma, included an open dialogue on a number of policy topics such as tariffs, U.S. manufacturing and innovation. FF looks forward to working closely with the White House in the near future to promote the long-term prosperity of America’s high-end manufacturing sector, centered around the automotive industry and its broader ecosystem.

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FX CEO, Max Ma (r), contributed to key discussions on global tariffs, U.S. manufacturing and innovation at the White House last week.

In 2024, FF announced its Global Automotive Industry Bridge Strategy, including the China-U.S. industrial bridge, alongside the launch of the second brand, Faraday X (FX). FX plans to bring world-class vehicle components to the U.S. for localized assembly through this approach, which enables FX to bring global industrial value, including those from China, into the U.S. in a way that aligns perfectly with U.S. priorities and national interests.

Currently, FF is proud to have a strong manufacturing footprint in the U.S., where it builds 100% of its vehicles, and nearly 50% of FF’s existing product suppliers are based in the United States. While the FX brand will source components internationally in the early phase, FX is committed to progressively shifting to U.S.-based suppliers. This initiative will also encourage global automotive supply chain enterprises to establish manufacturing operations in the U.S., accelerating the development of the domestic NEV ecosystem. This approach not only supports the return of advanced manufacturing to America, but also safeguards U.S. consumer data, strengthens U.S. competitiveness in the global auto industry, and contributes meaningfully to restoring the country’s leadership position in the automotive sector.