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Faraday Future (NASDAQ: FFAI) participated in WETEX 2025 in Dubai (Sept 30–Oct 2) to advance its Middle East Third Pole Strategy and showcased the FF 91 and the FX Super One. Senior UAE officials and royal family members visited FF's booth and praised the vehicles. FF announced the FX Super One Final Launch on October 28, 2025, with deliveries planned to begin in the Middle East as early as November 2025. FF completed baseline air-conditioning testing in Ras Al Khaimah and is finalizing software upgrades and third-party validations ahead of launch.
Faraday Future (Nasdaq: FFAI) has successfully completed its FX Super One Co-Creation and Sales Event in Seattle, marking the latest stop in its U.S. tour. The event, co-hosted with WeBranding, attracted professionals from major tech companies including Boeing, Amazon, Microsoft, and Meta.
The company has already conducted similar events in New York, Boston, Los Angeles, and plans to expand to Texas, New Jersey, Florida, and Nevada. Additionally, FFAI will host the FX Super One Middle East Final Launch event in the UAE on October 28, with initial deliveries planned for Q4 2025. U.S. pre-production work, including crash testing, continues to progress.
Faraday Future (NASDAQ: FFAI) reported a fire incident at its Los Angeles satellite office on September 28, 2025, involving a beta prototype of the FF 91 show vehicle. The company confirmed no injuries occurred and operations at headquarters remain unaffected.
The preliminary investigation suggests the fire's likely causes are either an electrical short circuit in showroom wiring or a 12V low-voltage system malfunction. The company emphasized that the affected vehicle was an early engineering prototype with interior materials not meeting production vehicle flammability standards. The battery pack was not identified as the cause, and the vehicle's core structure, including subframe, battery pack, and cabin floor, remained largely intact.
Faraday Future (NASDAQ: FFAI) has completed a strategic investment in Qualigen Therapeutics (NASDAQ: QLGN), which is set to rebrand as CXC10. The $41 million investment includes a $30 million contribution from FF, securing approximately 55% ownership of QLGN's pro forma common stock.
FF Founder and Global Co-CEO YT Jia invested $4 million for a 7% stake, with a voluntary two-year lock-up period. Additional investors include SIGN Foundation, backed by notable firms like Binance Labs, Sequoia Capital, IDG, and Circle. This investment, announced during FF's 919 Futurist Day, marks a strategic move to integrate EAI, crypto, Web2, and Web3 technologies as part of FF's Dual-Flywheel & Dual-Bridge Eco-Strategy.
Faraday Future (NASDAQ: FFAI) announced significant developments in its product lineup and market expansion strategy. The company revealed plans for the FX 4, their first volume market vehicle under the FX brand, positioned as a compact 5-seat SUV priced under $40,000. The vehicle will be available in both battery electric and AIHER versions.
The company also confirmed the FX Super One Middle East Final Launch event on October 28, with first deliveries planned for November. FF and FX will participate in WETEX 2025 in Dubai, showcasing both the FF 91 and FX Super One models. Additionally, the company disclosed a $30M strategic investment in QLGN, currently showing over 100% unrealized gains based on recent market prices.
Faraday Future (NASDAQ: FFAI) announced the upcoming delivery of its FF 91 2.0 Futurist Alliance vehicle to Calvin Gong, President of Pinnacle Real Estate Group, scheduled for October 8, 2025.
The company has also secured a significant agreement with Pinnacle Real Estate Group, including a non-refundable deposit and non-binding reservations for 1,000 units of their new FX Super One EAI-MPV. This partnership introduces a novel B2B2C business model connecting the AIEV and real estate sectors.
Pinnacle Real Estate Group, a major Chinese-American real estate brokerage in Southern California, operates three branches with over 1,000 real estate agents and is listed on RealTrends® US Top Office.
Faraday Future (NASDAQ: FFAI) announced a strategic investment of $41 million in Qualigen Therapeutics (NASDAQ: QLGN) during its annual 919 event. The investment structure includes $30 million from FF for approximately 55% ownership, and $4 million from FF Founder YT Jia for about 7% ownership with a two-year lockup.
QLGN will rebrand as CXC10 and pivot to crypto/Web3 operations with three growth engines: C10 Treasury (value anchor), BesTrade DeAI Agent (trading platform), and ecosystem tokens. The C10 Treasury has already shown a 7% unrealized gain on its $10 million crypto asset allocation.
Additionally, FF unveiled new details of its FX Super One MPV, featuring an ultra-wide dual-screen panoramic display and advanced EAI Space technology, with first deliveries expected in November 2025.
Faraday Future (NASDAQ: FFAI) has announced a strategic $41 million PIPE investment in Qualigen Therapeutics (NASDAQ: QLGN), marking a significant pivot into the crypto and Web3 space. The deal includes a $30 million investment from FF at $2.246 per share, securing approximately 55% ownership, and a $4 million personal investment from FF's Founder YT Jia.
Following the transaction, QLGN will rebrand as CXC10 and shift its focus entirely to crypto and Web3 initiatives. FF and YT Jia will collectively own over 62% of QLGN's outstanding shares. The deal includes significant management changes, with YT Jia becoming Chief Advisor, Jerry Wang as Co-CEO, and Koti Meka as CFO. FF will gain substantial board control with rights to nominate up to four of seven board seats.
Faraday Future (NASDAQ: FFAI) is preparing to host its 919 Futurist Day & Stockholders' Community Day on September 19, 2025, at 5:00 PM PT at its Los Angeles headquarters. The event will be livestreamed and will showcase key company updates across two main segments.
The event will highlight the EAI Flywheel, featuring FX Super One's new product features, Middle East launch plans, and updates from eight-state co-creation events. Additionally, the Crypto Flywheel segment will present the company's cryptocurrency business plan, including three growth engines and the C10 Treasury roadmap.
In-person attendance registration is available until September 17, 2025, at 5:00 PM PT through g.ff.com/2025919.
Faraday Future (NASDAQ: FFAI), a California-based global shared intelligent electric mobility ecosystem company, announced its participation in the upcoming Sidoti Small-Cap Virtual Conference. Global President Jerry Wang will deliver a company presentation on Thursday, September 18, 2025, at 4:00 PM ET, followed by an investor Q&A session.
The presentation will cover the company's latest business updates, strategic initiatives, and financial outlook. Investors can access the live webcast through the Sidoti Conference website or the Events & Presentations page on Faraday Future's investor relations website.