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Faraday Future, a California-based electric vehicle manufacturer, has achieved a significant milestone by signing its first business-to-business (B2B) pre-order agreement. The deal, with New York City-based dealership JC Auto, involves a non-refundable deposit of $100,000 for the reservation of up to 1,000 units of the company’s upcoming FX Super One, an electric Multi-Purpose Vehicle (MPV). This agreement marks a crucial step in Faraday Future’s global automotive strategy and highlights the growing demand for luxury electric vehicles in the U.S. market.
Key Highlights
- First B2B pre-order agreement for Faraday Future with JC Auto.
- $100,000 non-refundable deposit for up to 1,000 units of the FX Super One.
- Priority delivery for up to 300 vehicles secured by JC Auto.
- FX Super One: an electric MPV targeting the luxury market, launching in June 2025.
- JC Auto’s plans: use vehicles for premium services like Uber Black and VIP transport in New York.
- Sales target: tens of thousands of FX vehicles within two years of production.
The FX Super One is designed as a high-end electric vehicle for both business and family use. It features a spacious interior, advanced technology, and a focus on passenger comfort, aiming to compete with luxury brands like the Cadillac Escalade. Its electric powertrain ensures a smooth, quiet ride and promotes sustainability through reduced emissions.
JC Auto, experienced in vehicle leasing and sales, plans to integrate up to 300 FX Super One vehicles into its operations. The dealership aims to establish a premium fleet for services such as Uber Black and VIP transport for high-end hotels and airports in New York. Additionally, JC Auto will collaborate with Faraday Future as a co-creation partner to enhance the user experience of the FX Super One.
Faraday Future’s founder and Co-Global CEO, YT Jia, stated, “Securing our first B2B reservation is a clear indication that we’re addressing an unmet need in today’s EV market.” Michael Wang, General Manager of JC Auto, added, “We think the FX Super One MPV will serve great needs among the premium automotive market in the U.S.”
The FX Super One is set to be unveiled in June 2025, with paid reservations opening thereafter. Faraday Future is also developing additional FX models, targeting emerging markets in the U.S. electric vehicle sector. With this agreement, the company is advancing toward mass production and global expansion, anticipating the first FX Super One vehicles to be produced by the end of 2025.
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