Faraday X Announces that its FX Super One Received Non-Binding Non-Refundable Paid B2B Preorders for over 200 Units Within 24 Hours of its Middle East Final Launch Event Held on October 28
Rhea-AI Summary
Faraday Future (NASDAQ:FFAI) opened FX Super One UAE sales on October 28 and reported stronger-than-expected preorder activity following its Dubai launch at Armani Hotel, Burj Khalifa.
Within 24 hours the company received three non-binding, non-refundable paid B2B preorders covering over 200 units; the first B2C preorder payment was completed in crypto (USDT, $1,385 / AED 5,093.95). The AIHEREV Max for the Middle East is priced at AED 309,000. The company said first batch deliveries are planned to begin in November 2025.
Positive
- 200+ units in paid B2B preorders within 24 hours
- First B2C preorder completed in USDT (crypto)
- AIHEREV Max priced at AED 309,000 for Middle East launch
- Company plans November 2025 first-batch deliveries
Negative
- Preorders described as non-binding, creating execution uncertainty
- Paid preorders came from only three B2B partners, concentration risk
- Pricing and delivery timing for additional variants remain unannounced
News Market Reaction
On the day this news was published, FFAI gained 2.22%, 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 $4M to the company's valuation, bringing the market cap to $199M at that time.
Data tracked by StockTitan Argus on the day of publication.
- FX Super One UAE sales officially open on October 28, with the first B2C preorder payment completed by crypto.
DUBAI, United Arab Emirates, Oct. 31, 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 better than expected preorder results following the Middle East final launch of its FX Super One. Within 24 hours of the launch event, the Company received three non-binding non-refundable paid preorders covering over 200 units from B2B partners, underscoring strong market confidence from strategic collaborators.
One user successfully completed a vehicle pre-order using USDT (Tether). The transaction totaled
The FX Super One made its official debut on October 28 at the Armani Hotel in Burj Khalifa, Dubai. In addition to the FX Super One unveiling, the Company also announced that global soccer legend Andrés Iniesta, was the first FX Super One global owner and Co-Creation Officer.
The FX Super One series is planned to feature two major power systems — AIHER hybrid initially, and AIEV all-electric at a later date — each expected to be available in four trim levels: GOAT, Custom Edition, Max, Pro, and Standard.
The first model to launch in the Middle East, the AIHEREV Max, is priced at AED 309,000. Additional variants will be introduced in subsequent phases, with pricing and delivery details to be announced.
Designed for families, celebrities, business leaders, and professionals, the FX Super One offers eight immersive user scenarios and ten core product advantages, redefining luxury intelligent mobility in the region.
During the launch event, guests and industry elites explored the vehicle’s advanced features and placed paid preorders directly through Faraday Future UAE’s official online pre-order platform.
“We’re proud that the FX Super One has become a pioneer in the EAI MPV market and is poised to be a leader in intelligent mobility across the UAE,” said Tin Mok, Head of FF UAE. “Our next step is to begin the first batch of vehicle deliveries in November, enhance the crypto-based payment model, and expand our Co-Creation ecosystem through developer-led, direct-to-user, and FF Par/FX Par programs.”
Users in the UAE can now secure priority delivery by placing a preorder through: https://www.ff.com/ae_en/preorder/fx
A 5,000 AED deposit guarantees a pre-order of your First-Class EAI MPV — the FX Super One.
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 FF 91, 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 “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, as well as FF and/or FX expansion to additional international markets, 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 number of vehicles that B2C potential purchasers ultimately chooses to purchase from the Company, which could be as few as one or two; the Company’s ability to secure agreements with OEMs to sell FX vehicles in the Middle East and elsewhere; the ability of OEMs and suppliers to timely delivery products and parts to the UAE; the Company's ability to homologate FX vehicles for sale in the Middle East and elsewhere; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to design and develop AI-based solutions; competition in the AI and EREV areas, where actual or potential competitors have or are likely to have substantial advantages relative to the Company, including, but not limited to, experience, expertise, funding, infrastructure and personnel; the Company's ability to secure necessary permits at its Hanford, CA production facility; the potential impact of tariff policy; 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 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; and current and potential litigation involving the Company. 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:
Investor Relations (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/abf42e79-32b4-4dc9-8c13-9746b919e684
FAQ
How many FX Super One preorders did Faraday Future (FFAI) receive after the October 28 Dubai launch?
Can I preorder the FX Super One in the UAE with cryptocurrency (FFAI)?
What is the Middle East launch price for the FX Super One AIHEREV Max (FFAI)?
When will Faraday Future (FFAI) begin delivering FX Super One vehicles in the UAE?
How much is the FX Super One preorder deposit in the UAE (FFAI)?
Are FX Super One preorders binding for Faraday Future (FFAI)?
