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Faraday Future Announces Entry into Middle East, Signs Strategic Cooperation Agreements with Master Investment Group and Siraj Holding LLC, and Unveils the FF 91 2.0 Futurist aiFalcon Limited Edition for the Middle East Market
Signs strategic cooperation agreement with Master Investment Group and Siraj Holding LLC, which will support FF beginning operations in the Middle East
About this update from Faraday Future Intelligent Electric Inc.
[{"type":"text","content":"\n\nSigns strategic cooperation agreement with Master Investment Group and Siraj Holding LLC, which will support FF beginning operations in the Middle East Region in 2024.\n\n\n\nUnveils Limited Edition “FF 91 Futurist aiFalcon” Middle East edition that will be available with exclusive colors and wheel design.\n\n\n\nFF will showcase its FF 91 2.0 Futurist Alliance (North American model) beginning November 24 at the Abu Dhabi Yas Marina Circuit During Formula 1 Abu Dhabi Grand Prix Weekend.\n\n\n\n ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--\nFaraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its entry into the Middle East market with the signing of strategic cooperation agreements with Master Investment Group and Siraj Holding LLC, and the launch of the FF brand.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231123316755/en/Faraday Future Announces Entry into Middle East with local partners. (Photo: Business Wire)\nThe Company plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the Middle East market, with delivery targeted in 2024. A press conference held at the Ritz-Carlton Abu Dhabi, UAE, was hosted by Matthias Aydt, Global CEO of FF with a number of distinguished guests in attendance, including members of the royal family, government officials, entrepreneurs, local media, and FF partners. The FF 91 2.0 Futurist Alliance (North American Model) will also appear on display at the world-renowned Abu Dhabi Yas Marina Circuit beginning November 24 during the Abu Dhabi F1 Grand Prix week.\n\n\nThe Middle East market presents an exciting opportunity for smart and autonomous vehicles and is well aligned with FF product technology and brand positioning.\n\n\nFF has made significant strides in 2023 by delivering vehicles, generating revenue, and increasing production volume at its manufacturing facility in Central California. The Company delivered its first FF 91 2.0 Futurist Alliance in the United States in August. Further strengthening FF’s entry into the EV market, the Company has announced a number of influential Co-Creation partners as the first owners of the vehicle. FF’s Co-Creation ...