FX Finalizes U.S. Production Assembly Plan

• FF has finalized the U.S. production assembly plan for FX Super One. The Company’s bridge partners and supply chain collaborators will now commence component supply for the production assembly phase. 
  
  
• This week, FF successfully closed a strategic investment in Nasdaq-listed QLGN. Based on the closing price on the day of transaction closing, FF’s $30M investment in QLGN reflected a nearly 140% unrealized gain.
  

LOS ANGELES, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.

“Welcome to the 23rd issue of our Weekly Report. Let’s start with a major piece of positive news over the weekend: the Trump administration is reportedly considering a significant tariff reduction for the major automobile producers in the United States, if they produce or assemble their cars in the United States. If implemented, this policy would bring tangible benefits to the U.S. advanced manufacturing and automotive industries. It would not only ease cost pressures for domestic manufacturers but also send a clear signal of America’s strong commitment to supporting local innovation and manufacturing.

For FF and FX, it could be of great significance: First, it would bring more flexibility to the pricing and profitability model of FX Super One and other products in the North American market; second, it would be tantamount to a vote of confidence in the U.S. automotive industry and could further enhance the confidence of the capital market and partners in the long-term development of FF and FX. Our Government Relations team has been actively engaging in constructive dialogue since the Trump administration imposed higher tariffs in April this year. We believe tariff reduction should be the right direction for both industrial development and policy guidance.

Here's how the week progressed:

On EAI Flywheel, S2-4 Product & Technology, Supply Chain, Production & Delivery:
After multiple rounds of discussions, reviews, and alignment, we have finalized the U.S. production assembly plan for FX Super One. Our bridge partners and supply chain collaborators will now commence component supply for the production assembly phase, as the entire team pushes toward the milestone of rolling out the first U.S.-version FX Super One by year-end. This marks not only a critical milestone toward achieving our target but also one of the most essential components in the entire mass-production system. The production assembly plan will have a major impact on vehicle delivery cost and efficiency and will play a decisive role in driving cost optimization and operational efficiency across the product’s full lifecycle. Based on the finalized plan, we are confident in the potential of the FX Super One.