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Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.
![封面[16x9_Clean]周报030](https://ml.globenewswire.com/Resource/Download/93fd47b3-104a-4607-80e6-86a1a653a617/-16x9-clean-030.jpg)
"Hi everyone, I'm coming to you from New York with Issue 30 of our CEO Weekly.
I was both excited and reflective to be back at the Nasdaq MarketSite in New York after four years—this time for the official name and ticker change of our majority-owned U.S.-listed company, AIxCrypto, ticker name AIXC, and the launch of its new strategy. This moment also marks the completion of our "Dual Flywheel, Dual Bridge, and Dual Listed-Company" structure.
This is another historic moment for me personally and for FF.
Four years ago, FF successfully completed its transaction to become publicly traded on Nasdaq, marking a new chapter for the Company. Today, we remain one of only four new-generation EV companies based in the United States.
On November 12, FFAI officially became the controlling and majority stockholder of AIxCrypto Holdings, Inc.
At the same time, today also marks the completion of our Dual-Flywheel, Dual-Bridge, and Dual-Listed-Company system between FFAI and AIXC. This may open a new era of rapid development driven by mutual empowerment across the EAI and Crypto flywheels. It could bring transformative Web3 value into Web2, while also delivering significant Web2 incremental growth to Web3.
AIxC may also bring back powerful empowerment to FFAI and carry deep strategic importance for the entire FFAI system.
It could provide a new, independent growth engine for the FF system, creating five key areas of empowerment back to FFAI — across capital, technology, and user ecosystems — including the possibility of lower-cost financing and a broader user base.
Next week, the first batch of FX Super One complete sets of components will arrive at the Port of Long Beach in Los Angeles, marking FX's official transition into the pilot build and pre-production vehicles phase. Meanwhile, the FX Super One and FF 91 will be showcased at the LA Auto Show, where our test-drive and ride-along experiences begin. The events will run over the next two weeks, and we'd love for everyone to come by, give them a try, and place your preorders.
Posted In: FFAI