On December 1st, Jia Yueting, the visionary founder of Faraday Future (FF), for the first time, disclosed the long-term strategic roadmap for both FF and its sub-brand, FX. Provided that the necessary financing and partner support are secured, FF and FX have set an ambitious production and sales target of 400,000 to 500,000 units within the next five years. The company officially released the rear design image of its second model, the FX 4. Positioned as a mainstream offering for the mass market, the FX 4 is poised to compete with the Toyota RAV4, targeting customers in the sub-$30,000 price range.

In terms of production and delivery, the first complete set of parts for the FX Super One arrived at the Port of Long Beach in Los Angeles on November 29th. After customs clearance, these parts will be transported to the Hanford Factory to facilitate the launch of the first vehicle in the U.S. market this year. Previously, FF successfully delivered a vehicle to its inaugural owner, marking the company's entry into revenue generation in the Middle East market. Simultaneously, it secured a number of C-end orders at the Los Angeles Auto Show.

Additionally, Jia Yueting shared the latest advancements in the 'Crypto Flywheel' AIxC business, which has undergone a rebranding and is now listed on NASDAQ, establishing a 'Three-Pronged' strategic approach. As part of this strategy, the first batch of the tokenization project, involving 5 million FF AI stocks (the second prong), has been launched. The company is also actively assembling its core business team to drive forward its initiatives.