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Faraday Future
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Short description

Developer of electric vehicles

Founded in 2014
Founded in

Company type Public Public (FFIE)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Los Angeles, CA Los Angeles, United States
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Updated by Jonathan Koch at on 04/23/2018

Edited by Cleantech Group on 03/31/2025

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Date Company
Partnerships
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Date Partner Type
03/09/2020
US Hybrid Corporation US Hybrid Corporation
Faraday Future and US Hybrid Corporation partner to incorporate Faraday Future's electric propulsion system into commercial vehicles.
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Confirmed by US Hybrid Corporation
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IPO INFORMATION

Date

07/22/2021

IPO status

Listed

IPO Type

SPAC

Amount

$1B

Initial shares

Ticker symbol

FFIE

Exchange listed

NASDAQ

Prospectus URL

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Description

Faraday Future to go public through a reverse merger with Property Solutions Acquisition Corp., a special purpose acquisition company (SPAC).

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Date Investors Type Amount
03/25/2025 (0)
Post-money valuation of
Financing obtained through unsecured convertible notes and warrants aimed at acquiring additional shares and strategic upgrades for their technologies. The proceeds will be used to accelerate its development and operational capabilities.
 Follow-on Public Offering $41,000,000
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