North Dakota Business Gazette
SEE OTHER BRANDS

Top business and economy news from North Dakota

Faraday Future Exhibits at WETEX 2025 and Announces FX Super One Final Launch in Dubai on October 28, Accelerating Smart Green Mobility with the Middle East Third Pole Strategy

DUBAI, United Arab Emirates, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company participated in WETEX 2025 (September 30–October 2) at the Dubai World Trade Centre at the invitation of the organizer, Dubai Electricity and Water Authority (DEWA). FF is exploring cooperation opportunities aligned with the UAE’s Net Zero 2050 Strategy and Clean Energy 2050 Strategy, accelerating the implementation of FF’s Middle East Third Pole Strategy and promoting the vision of smart, green, and sustainable mobility in the Middle East.

FF highlighted its latest achievements in the EAI EV field at the event, as well as its vision for the Middle East Third Pole Strategy. FF UAE Head Tin Mok also delivered a keynote speech. FF’s ultimate intelligent luxury flagship, the FF 91, and the world’s first First-Class EAI MPV - the FX Super One - were on display during the event.

On the first day of the exhibition, His Excellency H.H. Sheikh Ahmed bin Saeed Al Maktoum, member of the UAE royal family, Chairman of the Dubai Supreme Council of Energy, Director General of the UAE General Civil Aviation Authority, and Chairman of Dubai Airports and Emirates Airline, along with Lt. General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and several senior UAE government officials, visited the FF booth to view and experience the FF 91 and FX Super One, and held discussions with FF senior executives.

The UAE royal family members and government officials praised the FF 91 and FX Super One, expressing appreciation for FF’s contributions in introducing globally leading EAI EV technology and ecosystem mobility concepts into the Middle East market, as well as its practical efforts in establishing a company and building a factory in the UAE to promote smart, green, and sustainable mobility in the region.

The Middle East market is a key support point for FF’s international expansion. At the event, FF Executive Director of the Board and Head of FF UAE, Tin Mok, announced that the Company will hold the FX Super One Final Launch in Dubai on October 28, with deliveries scheduled to begin in the Middle East as early as November. This marks a major milestone for FF and FX in the Middle East and global markets, signifying that the Middle East Third Pole Strategy will officially move from the operational stage into the revenue stage. FF UAE will use the Middle East as a hub to cover the Gulf Cooperation Council (GCC) countries and could consider expanding into Europe and North Africa in the future.

Currently, the FF team is intensively preparing for the product launch, with engineering and production teams fully engaged in software upgrades and key third-party ecosystem validation. Recently, the company completed baseline testing of the FX Super One air conditioning system in Ras Al Khaimah, UAE, laying a solid foundation for subsequent upgrades to a more powerful system.

“WETEX 2025 is not only a showcase platform for FF, but also a bridge connecting multiple resources in the Middle East market. It provides FF with opportunities to establish direct contacts with government decision-makers, business leaders, and investors,” said Tin Mok, Head of FF UAE. “FF and FX will meet the urgent demand for smart green mobility in the Middle East, achieve large-scale delivery of the FX Super One as soon as possible, while strengthening cooperation with regional government institutions and enterprises, gaining deeper understanding of local market demands and policy environments, and advancing the vision of smart, green, and sustainable mobility in the Middle East.”

As the largest and most influential sustainability and clean energy exhibition in the Middle East, WETEX 2025 has become an important global stage for innovation and cooperation. FF’s participation not only demonstrates its global leadership in intelligent electric and sustainable mobility but also signifies that the company will take the Middle East as a key hub, working hand in hand with regional and global partners to accelerate the implementation and long-term development of the smart green mobility ecosystem.

ABOUT FARADAY FUTURE

Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit https://www.ff.com/us/.

FORWARD LOOKING STATEMENTS

This press release includes “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 future FX production, delivery and sales, 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, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy; the Company’s ability to secure agreements with OEMs that are necessary to execute on the FX strategy; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.

CONTACTS

Investors (English): ir@faradayfuture.com

Investors (Chinese): cn-ir@faradayfuture.com

Media: john.schilling@ff.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/0d381043-aaf7-4bc0-a26b-3e7e12214c1e

https://www.globenewswire.com/NewsRoom/AttachmentNg/3a7cd337-17ce-4d66-a0ff-a7d3b11d060a


Primary Logo

Faraday Future Exhibits at WETEX 2025 and Announces FX Super One Final Launch in Dubai on October 28, Accelerating Smart Green Mobility with the Middle East Third Pole Strategy

Faraday Future Exhibits at WETEX 2025 and Announces FX Super One Final Launch in Dubai on October 28, Accelerating Smart Green Mobility with the Middle East Third Pole Strategy
Faraday Future Exhibits at WETEX 2025 and Announces FX Super One Final Launch in Dubai on October 28, Accelerating Smart Green Mobility with the Middle East Third Pole Strategy

Faraday Future Exhibits at WETEX 2025 and Announces FX Super One Final Launch in Dubai on October 28, Accelerating Smart Green Mobility with the Middle East Third Pole Strategy

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions