Today, Faraday Future ("FF") announced that it will deliver FF912.0 Futurist Alliance to Univest Securities, a boutique Wall Street investment bank in New York City, on March 28.FF stated that this delivery marks FF’s official entry into the East Coast market of the United States, and also lays a strategic foundation for FF’s future market expansion, which is expected to further open up the high-end user market in the region.

It is understood that on March 24, local time,FF announced that it has successfully signed new cash financing totaling US$41 million. This round of financing will bring FF's total financing amount since September 2024 to exceed US$100 million.

This financing will be used to promote the company's business growth and development, including daily operations, the continued advancement of the FX brand, and the execution and advancement of key strategic projects to achieve the company's goal of rolling off the first FX vehicle by the end of 2025.

In addition, the funds will also be used to promote AI-related research and development, including the research and development and testing of end-to-end autonomous driving technology, focusing on the three core AI directions proposed in the previous AI strategy statement, as well as the introduction of AI talents and infrastructure construction, building an AI core team and infrastructure, and expanding capital cooperation opportunities.

FF Global CEO Matthias Aydt said, "I am confident in the opportunities brought by this funding, including supporting the continued production of our FF912.0 and the development of the FX brand in 2025."

In October last year, FF founder Jia Yueting revealed,The current domestic debt is about US$2 billion. The biggest mission and task at the moment is to quickly and truly establish FF as a company, then pay off the debt as soon as possible and return to China as soon as possible.

When can I repay my debt and return home? Jia Yueting gave a new deadline: "I think it can be limited to two years."