Faraday Future Announces that the FF 91 Successfully Passes FMVSS Crash Test Requirements, First Phase of Delivery Plan Set to Begin May 31st
- The latest crash-test achievement joins the announcements made late last year of the FF91’s EPA rating of 381 miles of EV range and the official CARB certification received as a zero-emissions vehicle.
The first phase of the Company’s three-phase delivery plan set to begin on
The Company will hold Co-creation day themed activities with the first group of industry experts and users on
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Faraday Future Announces that the FF 91 Successfully Passes FMVSS Crash Test Requirements, First Phase of Delivery Plan Set to Begin
FF has a unique side impact crumple zone or “moat body structure” + “moat pack structure” to protect the occupant and the high voltage battery. The side structure is unique in its design to balance optimal occupant protection and high voltage battery protection as well as providing optimal packaging space for the vehicle design.
FF continues to make progress at all levels of its operations including manufacturing, sales planning and FF’s delivery plan. FF announced on
In the continued spirit of FF’s co-creation and co-sharing vision, we outlined a three-phase delivery plan in April of this year aimed at delivering the best experience to all FF’s users. In the first phase FF will give our industry expert Futurist Product Officers (“FPOs”), the first look and allow these users the first chance to pay in full to reserve and experience the innovative FF 91. These industry expert FPOs are expected to take possession of the reserved FF 91 vehicle at the beginning of the second phase. The initial phase is slated for launch at the end of May, marking the start of our delivery plan for the vehicle.
The Company is in the process of qualifying industry expert FPOs. Those qualified will be invited to purchase a car on a first come first served basis and will be invited to join a series of co-creation activities. The Company will hold its co-creation day themed activities with the first group of industry experts and users on
During FF’s fully integrated sales journey, users will be able to experience FF’s cars online and, in the future at one of FF’s owned/partner showrooms where they will be able to access FF’s O2O platform for purchases while partners will be able to integrate seamlessly into FF’s direct sales model.
ABOUT FARADAY FUTURE
Faraday Future is the pioneer of the Ultimate TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV company, but also a software-driven intelligent internet company. Ultimately FF aims to become a
FORWARD LOOKING STATEMENTS
This press release “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the anticipated start of delivery for the FF 91 vehicle and the first phase of the delivery plan, the Company’s ability to meet its future production and delivery plan, the development and success of the Company’s co-creation and benefits co-sharing program, and the Company’s planned partner showrooms, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include whether the FF Top Holdings LLC Shareholder Agreement complies with Nasdaq listing requirements, including Nasdaq Listing Rule 5640 regarding voting rights, the market performance of the Company’s Common Stock, the Company’s ability to regain compliance with the Nasdaq listing requirements and the Company’s ability to execute definitive documentation in connection with and/or satisfy the conditions precedent and close on the various financings previously disclosed by the Company and anticipated additional financings, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s ability to amend its certificate of incorporation to permit sufficient authorized shares to be issued in connection with the Company’s existing and contemplated financings; the ability of the Company to agree on definitive documents to effectuate the non-binding City of Huanggang Framework Agreement; the Company’s ability to remain in compliance with its public filing requirements under the Securities Exchange Act of 1934, as amended, and Nasdaq listing requirements and to continue to be listed on Nasdaq (including following the execution of the Shareholder Agreement); the outcome of the
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