Faraday future secures $30 million financing to strengthen the company's core business and continued ramp-up of the faraday x (fx) strategy

Los angeles--(business wire)--faraday future intelligent electric inc. (nasdaq: ffie) (“ff”, “faraday future”, or “company”), a california-based technology company specializing in artificial intelligence electric vehicles (aiev), announced that it has secured approximately $30 million in cash financing commitments. the funds will be used to accelerate the company's growth and the development of faraday x (fx), ff's strategy of launching affordable high performance aiev equipped vehicles with cu.
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