Faraday Future Has Retained Anthony Rendon, PhD, Speaker Emeritus of the California State Assembly as a Strategic Advisor, With a Focus on Government Affairs, Policy and Regulatory Issues

Rhea-AI Summary

Faraday Future (NASDAQ: FFAI) announced on Dec 3, 2025 that it retained Anthony Rendon, PhD, Speaker Emeritus of the California State Assembly, as a strategic advisor focused on government affairs, policy and regulatory issues.

The advisory role targets state and federal support including lobbying on trade, tariffs, and sector policy as FF prepares to launch new FX electric and hybrid vehicles assembled in California. The company highlighted Mr. Rendon’s legislative experience and cited that FF has invested over $3 billion in California for R&D and manufacturing of next‑generation AI electric vehicles.

Positive

• Retained Anthony Rendon as strategic advisor (Dec 3, 2025)
• Company stated >$3 billion invested in California
• Preparing to launch FX EV and hybrid products assembled in California

Negative

• Company explicitly seeks strengthened government support on tariffs
• Business progress partly dependent on favorable policy and regulatory outcomes

News Market Reaction

+3.74%

2 alerts

+3.74% News Effect

+$7M Valuation Impact

$201M Market Cap

0.3x Rel. Volume

On the day this news was published, FFAI gained 3.74%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $201M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Zero-emission target: 100% new vehicle sales Target year: 2030 Speaker tenure start: March 7, 2016 +3 more

6 metrics

Zero-emission target 100% new vehicle sales California resolution target for zero-emission new vehicles by 2030

Target year 2030 Year by which California resolution targeted 100% zero-emission sales

Speaker tenure start March 7, 2016 Date Anthony Rendon was sworn in as California Assembly Speaker

Speaker tenure end June 30, 2023 Date Anthony Rendon’s term as Speaker ended

Investment in California Over $3 billion FF’s reported investment in California R&D and manufacturing

U.S. economy rank Fifth-largest Relative rank of California’s economy globally as cited

Market Reality Check

Price: $1.03 Vol: Volume 3,596,488 is 0.61x...

low vol

$1.03 Last Close

Volume Volume 3,596,488 is 0.61x the 20-day average of 5,916,641, indicating subdued trading before this news. low

Technical Shares at $1.11 were trading below the 200-day MA of $1.54 and 69.25% under the 52-week high, while 33.57% above the 52-week low.

Peers on Argus

Pre-news, FFAI was down 0.85% with mixed peer action: GGR fell 1.54%, NIU rose 2...

Pre-news, FFAI was down 0.85% with mixed peer action: GGR fell 1.54%, NIU rose 2.49%, EMPD was up 0.21%, EVTVD was flat, and NWTN climbed 16.81%, suggesting stock-specific rather than broad sector-driven factors.

Historical Context

5 past events · Latest: Dec 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Production milestone	Positive	-0.8%	Began pre-production FX Super One assembly at Hanford aiFactory facility.
Dec 07	Operational update	Positive	+1.8%	Announced pre-production parts arrival and five-year volume plan approval.
Dec 04	Marketing campaign	Positive	+6.8%	Showcased FX Super One and FF 91 2.0 across UAE emirates.
Dec 04	Investor conference	Neutral	+6.8%	Planned Investor Summit presentation on growth strategy and catalysts.
Dec 03	Supply-chain update	Positive	+3.7%	First full batch of FX Super One components cleared customs for Hanford.

Pattern Detected

Recent operational and strategic announcements, especially around FX Super One production and launches, have generally seen aligned positive price reactions, with one notable divergence on a key production milestone.

Recent Company History

Over the past week, Faraday Future has highlighted multiple FX Super One milestones, including customs clearance of components and pre-production at the Hanford facility, each tied to significant prior investment of about $300 million and potential capacity of over 30,000 vehicles annually. Launch and delivery events in the UAE, an upcoming investor summit presentation, and detailed volume plans have framed a narrative of scaling operations despite weak Q3 2025 financials, large operating losses, and a stockholders’ deficit reported in the Nov. 21, 2025 Form 10‑Q. Today’s advisor appointment fits into this broader strategy and regulatory positioning.

Market Pulse Summary

This announcement highlights Faraday Future’s effort to strengthen its government affairs and regula...

Analysis

This announcement highlights Faraday Future’s effort to strengthen its government affairs and regulatory strategy by adding a former California Assembly Speaker as a strategic advisor. It complements recent FX Super One production, logistics, and launch milestones, as well as plans for new FX-branded EV and hybrid products assembled in California. In light of the very weak Q3 2025 financials and stockholders’ deficit disclosed on Nov. 21, 2025, investors may watch how policy support, tariffs, and regulatory outcomes interact with execution at the Hanford facility and broader growth plans.

Key Terms

zero-emission, lobbying, tariffs, Artificial Intelligence Electric Vehicles

4 terms

zero-emission technical

"called for 100% zero-emission new vehicle sales by 2030"

Zero-emission describes products, vehicles, processes or facilities that do not release pollutants or greenhouse gases into the air during their operation—like an electric car that produces no tailpipe smoke. For investors it signals lower regulatory and carbon-related risk, potential access to incentives and growing customer demand, and may affect long-term costs, market share and corporate reputation in sectors shifting toward cleaner operations.

lobbying financial

"including lobbying and overall state and federal-focused government support"

Lobbying is the activity of persuading government officials or regulators to adopt, change, or enforce laws and rules in ways that favor a particular organization, industry, or interest group. It matters to investors because those laws and rules can directly affect a company’s revenues, costs, and competitive position, so a firm’s lobbying efforts can signal how it plans to protect or expand its business and reveal potential regulatory risks or advantages—like hiring a guide to help navigate shifting legal terrain.

tariffs regulatory

"ongoing discussions related to trade, tariffs, and sector-specific policy issues"

Tariffs are taxes imposed by a government on goods imported from other countries. They increase the cost of those goods, which can lead to higher prices for consumers and impact international trade. For investors, tariffs matter because they can influence the profitability of companies, affect supply chains, and shift economic stability across different regions.

Artificial Intelligence Electric Vehicles technical

"manufacturing of next-generation Artificial Intelligence Electric Vehicles (AIEVs)"

Artificial intelligence electric vehicles are cars and trucks powered by batteries that use onboard software and machine learning to handle tasks such as driving assistance, energy management, and predictive maintenance. Think of the vehicle as combining a smartphone-like “brain” with an electric drivetrain; for investors this matters because the software can boost efficiency, reduce operating costs, enable new services and revenue streams, but also brings higher development costs, competitive differentiation, and regulatory risks.

AI-generated analysis. Not financial advice.

LOS ANGELES, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has retained Anthony Rendon, PhD, Speaker Emeritus of the California State Assembly, as a strategic advisor for FF, with a focus on government affairs, policy and regulatory issues, including lobbying and overall state and federal-focused government support for the Company. Mr. Rendon was sworn in as Speaker on March 7, 2016, and served until June 30, 2023, making him the second-longest serving Speaker in California history.

Mr. Rendon’s involvement is expected to enhance FF’s credibility, promote constructive dialogues with decision-makers, and help support ongoing discussions related to trade, tariffs, and sector-specific policy issues.

Mr. Rendon was part of a 2021 resolution in California that called for 100% zero-emission new vehicle sales by 2030 and pointed out several benefits of electric vehicles for the world and for California specifically. This makes him an ideal advocate for FF to help push the Company into its next stage of growth as it prepares to launch new EV and hybrid-powered products under the FX brand and assembled in California.

“I’m extremely honored and excited to join forces with a company such as FF, as they enter their next stage of growth with their FX brand. They are a true pioneer in the global new energy industry,” said Rendon. “California has consistently been a staunch supporter of global new energy initiatives, and as the world’s fifth-largest economy, the state boasts a comprehensive green policy framework and unwavering belief in free trade and global collaboration. FF’s ‘Sino-American Automotive Industry Bridge’ strategy exemplifies the globalization and open cooperation spirit we advocate. FF has invested over $3 billion in California, focusing on the research, development, and manufacturing of next-generation Artificial Intelligence Electric Vehicles (AIEVs). This endeavor not only represents a commercial breakthrough but also underscores America’s forward-looking leadership in the field of new energy mobility.”

“Given the need for strengthened government support, particularly on tariff matters and other regulatory fronts, we are elated to have the engagement of a seasoned policy and regulatory export as Anthony as a strategic advisor. Anthony brings deep experience in navigating complex governmental and legislative environments, with an established network across key regulatory bodies,” said Matthias Aydt, Global Co-CEO of Faraday Future. “His proven track record in securing favorable policy outcomes and building bipartisan alliances could be instrumental in advancing our priorities at a critical time.”

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 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. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. 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 “plan to,” “can,” “will,” “should,” “future,” “potential,” 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 Mr. Rendon’s ability to enhance FF’s credibility, promote discussions with decision-makers, and help support discussions related to trade, tariffs, and sector-specific policy issues, and plans to launch new vehicles under the FX brand, 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 the 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 other documents filed by the Company from time to time with the SEC.

CONTACTS:

Investors (English): steven.park@ff.com   

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

Media: john.schilling@ff.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3fe878b-388c-4c80-a8fc-1bc761bf1631.

FAQ

What did Faraday Future (FFAI) announce on December 3, 2025?

Faraday Future announced it retained Anthony Rendon as a strategic advisor for government affairs, policy and regulatory issues.

How much has Faraday Future (FFAI) invested in California according to the announcement?

The company stated it has invested over $3 billion in California for research, development and manufacturing.

What will Anthony Rendon advise Faraday Future (FFAI) on?

He will advise on state and federal government affairs, policy, regulatory issues, lobbying, trade and tariff matters.

Will Faraday Future (FFAI) manufacture new FX vehicles in California?

Yes. The announcement says new FX electric and hybrid products will be assembled in California.

What investor risks did the Faraday Future (FFAI) announcement highlight?

The company signaled reliance on strengthened government support, particularly on tariff and regulatory matters.