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Faraday Future signed a contract with the OEM to initiate the development and delivery of the FX series vehicle products.
On November 13th, Jinshi Data News, Faraday Future (NASDAQ: FFIE) announced that its subsidiary, Faraday X (FX), has signed a series of vehicle model product development and delivery protocols with top-tier OEMs, to jointly advance the development, testing, regulations, supply chain, and initial phase execution of production for the models. The contracted OEMs will serve as FX's top-tier component suppliers, providing major components for the FX series of vehicles.