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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): February 4, 2026
Faraday
Future Intelligent Electric Inc.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-39395 |
|
84-4720320 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
18455
S. Figueroa Street
Gardena, CA |
|
90248 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
(424)
276-7616
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Class
A common stock, par value $0.0001 per share |
|
FFAI |
|
The
Nasdaq Stock Market LLC |
| Redeemable
warrants, exercisable for shares of Class A common stock at an exercise price of $110,400.00 per share |
|
FFAIW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.01 Entry into a Material Definitive Agreement.
On
February 4, 2026 (the “Signing Date”), GlobeX AI Hong Kong Holding Limited (“GlobeX”), a special purpose entity
controlled by Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Strategic Cooperation Agreement (the
“Cooperation Agreement”) and an engineering services agreement (the “ESA” and, together with the Cooperation
Agreement, the “Agreements”) with Hebei Huanzhou Automobile Sales Co., Ltd (the “Partner”), in connection with
the procurement of components and engineering services for a battery electric version of the FF Super One under development for the United
States market. Pursuant to the Agreements, the Company has agreed to purchase from the Partner, and the Partner has agreed to supply
to GlobeX, basic units or modules used in the manufacturing process of automobiles that meet the applicable U.S. federal and state regulatory
requirements, to support the research and development, trial production and mass production, and supply of the after-sales spare
parts and accessories. In addition, the Partner will provide additional engineering services, which include (i) cooperative development;
(ii) parts and vehicles certification, (iii) manufacturing development and implementation of equipment and facilities; (iv) production
management and operation support; etc. Other markets (i.e., the Middle East), power trains (e.g., extended-range hybrid) or models would
be subject to separate agreements.
The research and development fees payable by GlobeX to the Partner pursuant to the Agreements will be paid in several installments. with
a non-refundable advance payment of RMB300 million (approximately $43.2 million) (the “Advance Payment”) required to be paid
in full within six (6) months after the Signing Date. The first installment of the Advance Payment in an amount equal to RMB80 million
(approximately $11.5 million) is due within fifteen (15) business days following the Signing Date. The Advance Payment, once paid, is
non-refundable under any circumstances. The remaining balance of RMB 320 million (approximately $46.2 million) will be paid in connection
with the achievement of certain project milestones. These payments are for engineering services and do not include other expenses related
to homologating the Super One for the United States market.
Pursuant
to the Agreements, GlobeX shall also pay to the Partner a per-set procurement price for each vehicle manufactured.
GlobeX
is also obligated to pay various fees and expenses for parts and tooling development and supply, to be agreed, as applicable, between
GlobeX, the Partner and the applicable parts suppliers.
Item
8.01 Other Events.
On
February 10, 2026, the Company issued a press release announcing GlobeX entering into certain agreements with the Partner. The information
contained in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item
9.01. Financial Statements and Exhibits
(d)
Exhibits.
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release dated February 10, 2026. |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
FARADAY
FUTURE INTELLIGENT ELECTRIC INC. |
| |
|
| Date:
February 10, 2026 |
By: |
/s/
Koti Meka |
| |
Name:
|
Koti
Meka |
| |
Title: |
Chief
Financial Officer |
Exhibit 99.1
Faraday Future Announces It has Signed
A Series of Agreements with Its Bridge Strategy Partner Which Will Accelerate FX Super One MPV Mass Production And May Seek
Agreement to Expand to Future Models Including the FX 4
| ● | FF
and its bridge strategy partner, Hebei Huanzhou Automobile Sales Co., Ltd., completed the signing of a package of agreements covering
the FX Super One, now in the sprint toward mass production and initial deliveries. |
| ● | Based
on the successful progress of the Super One, both parties may negotiate additional vehicle development projects including the FX 4. |
| ● | The
parties may also negotiate for the geographic expansion of sales of the target vehicle models to Canada and the Middle East. |
| ● | The
signing of core terms for eventual mass-production-oriented parts procurement further establishes the low-cost advantages and stable
supply-chain capability of components for scaled FX Super One deliveries. Through collaboration with the Partner, FF will continue to
amplify cost advantages and enhance the potential for full lifecycle profitability of the Super One—particularly by leveraging
competitive parts procurement costs —supporting the Company’s goal to achieve positive cash flow as early as possible. |
| ● | It
will allow the FX Super One to sprint toward full-scale production deliveries with its Partner and support the on-schedule completion
of the Company’s multi-stage start of delivery (SOD) goals this year. |
| ● | The
Agreement marks the culmination of FF’s more than a decade of accumulated AIEV technology foundation, further strengthening Its
product competitiveness in relevant mechanical domains, along with enriching its IP portfolio, and enhancing the Company’s global
technological competitiveness. |
Los Angeles, CA (Feb. 10, 2026) – 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 entered into, as planned, a package of agreements
with its bridge strategy partner, Hebei Huanzhou Automobile Sales Co., Ltd. (the “Partner”), who will jointly advance the
compliant development, production, scaled deliveries and sales of a battery electric version of the Super One for the U.S. market. These
agreements mark a further upgrade and deepening of FF’s strategic collaboration with the Partner. The two parties will work together
to ensure the timely development, production and delivery of FX Super One remains on time and hit every milestone of the Company’s
multi-stage start of delivery (SOD) goals this year. Based on the successful progress of the Super One Project, both parties could seek
to negotiate to add vehicle development projects for the FX 4 and others.
“With the signing of these agreements with our valuable partner,
we have now successfully reached the most important cooperation milestone for FX Super One to reach our eventual mass production goal
for this vehicle,” said YT Jia, FF Founder and Co-CEO. “We will work hand in hand with our strategic partner to ensure we
hit our production and delivery goals for the FX Super One, and may seek agreement to expand to three new future models including the
FX 4—so we can realize the vision of An AIEV for Everyone.”
FF and Its Bridge Strategy Partner Sign Upgraded
Agreements – FF’s EAI Bridge Strategy Officially Enters Scaled Implementation
The parties signed seven documents, including
the Strategic Cooperation Agreement on Mass-Production-Oriented Parts Procurement and Related Engineering Services for the Cooperative
Model, the Super One Model Mass Production-Oriented Engineering Services Agreement, and the Intellectual Property Licensees Identity
Confirmation Letter.
These documents systematically clarify key terms covering engineering
service scope, intellectual property ownership, product liability, after-sales responsibilities and systems and other commercial arrangements.
The Partner will continue to provide the engineering and technical support required for the mass production stage of FX Super One and
subsequent phases. The formal cooperation on three potential future models, including FX 4, also marks that the EAI Bridge Strategy has
officially entered the scaled implementation stage. The specific details of the cooperation for these potential additional models, including
but not limited to the development plan, project timeline, the scope of engineering service, parts procurement list, specific pricing,
and deliverables, would be clarified in separate written agreements or project initiation documents agreed to by both parties.
The Company’s “mass-produce one, launch one, and pre-develop
(research) one” strategy creates a disciplined product pipeline that enables parallel execution and iterative rollout across segments
and product cycles, significantly improving resource allocation efficiency and portfolio agility. This could support FF and its partners
to continuously co-create and share substantial win-win value.
The Upgraded Agreements Create Significant Value EAI Bridge Strategy
Enables Multi-Party Wins Across the Industry
The signing of the upgraded agreements represents substantial value
for FF, the Partner, the global automotive industry, and users—delivering a multi-win outcome:
For FF and the Partner: As the first vehicle under the EAI Bridge
Strategy, the end-to-end execution of FX Super One is helping FF build a proven, repeatable and scalable playbook—strengthening
key capabilities in resource integration, program execution, and technology innovation, and laying a solid foundation for future scaled
production and multi-model deliveries. It is also expected to support FF’s goal of achieving positive operating cash flow, and creating
a more certain long-term growth foundation for FF and FX.
For the industry: FF is bringing together China’s leading
AIEV know-how and efficient, proven supply-chain capabilities with U.S.-based AI R&D, engineering, compliance, and ecosystem development—helping
close structural gaps in the U.S. AIEV market and unlocking significant incremental growth opportunities.
For the U.S. market and users: By empowering the FX models with
much of the core technologies, software and AI capabilities of the $300,000 FF 91, FF aims to truly bring out “blue-ocean market
+ blockbuster products”, so that more U.S. users can access AIEV with what FF believes is an exceptional cost to performance ratio
in an expedient manner.
“Through our unique “Light Four, Swift Four, Focused Five
and Empowering Five” model, FX is committed to integrating premium global supply chains and driving breakthroughs and upgrades of
the AIEV industry worldwide,” said Max Ma, FX Global CEO. “Together with our partners, we will accelerate the scaled implementation
of the EAI Bridge Strategy.”
ABOUT FARADAY FUTURE
Faraday Future is a California-based global intelligent Company founded
in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation.
Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology,
and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned
as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business
with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information,
please visit https://www.ff.com/
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 FX Super One production and delivery,
involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s
control, which 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 maintain its listing on Nasdaq; the availability of sufficient share capital
to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s
share capital, which could result in substantial additional dilution; the Company’s ability to homologate FX vehicles for sale; the Company’s
ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the ability of B2B preorder companies
to identify purchasers for the Super One; overall demand for the Super One; the ability to secure the necessary agreements to produce
an FX 4 vehicle or any other planned future FX vehicles, none of which have been secured; the Company’s ability to secure an occupancy
certificate for its Hanford facility; 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-Qs
for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025,
respectively, 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
