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Faraday Future aims for mainstream masses with $20,000 EV


On Thursday, Faraday Future provided a status update on its FX sub-brand, which was announced in September 2024 and further detailed at CES 2025 in January.

The company once again reaffirmed plans for an affordable EV called the FX 5 that will cost between $20,000 and $30,000 and a larger model called the FX 6 priced between $30,000 and $50,000.

Faraday Future FX 6 prototype

Faraday Future FX 6 prototype

On Thursday, Faraday Future released images of two FX 6 prototypes that are said to be on their way to U.S. customs as part of a journey to the company’s headquarters in Los Angeles.

As first outlined in an investor presentation, the pair will be offered with fully electric and gasoline extended-range powertrains, Faraday says. The company has also said it’s taking an asset-light approach to the FX sub-brand—similar to the now-defunct Fisker.

Faraday Future FX Super One prototype

Faraday Future FX Super One prototype

At CES, Faraday also confirmed plans for a third FX model, a minivan called the Super One. The automaker said this model is intended to “cater to both leaders and visionary groups, represented by celebrities, stars, and high-profile business professionals.” That’s a somewhat different demographic than the mass-market FX 5 and FX 6, then, but overlapping with Faraday’s only current product—the $309,000 FF 91 electric SUV.

Faraday Future FX 6 prototype

Faraday Future FX 6 prototype

Faraday has shown camouflaged prototypes of the FX 6 and Super One in press materials. The FX 6 appears to be a crossover, while the Super One has a typical minivan profile. Should the Super One reach production, it could serve as a more upscale alternative to the Volkswagen ID.Buzz, which we recently named Green Car Reports Best Car To Buy 2025.

Faraday said it is currently conducting testing for U.S. regulator homologation, and it aims to stage a full reveal of the Super One in the second quarter of this year. It also hopes to start pre-production of at least one new model by the end of the year, pending acquisition of necessary funding. The company says it’s secured $60 million in new commitments since September 2024, but that’s still just a drop in the bucket when it comes to launching a new vehicle.

Scaling up production to mass-market levels could also prove challenging for Faraday, which has struggled to get even its low-volume flagship FF 91 to customers and appears to have delivered less than 20 vehicles over its nearly 11-year existence. The FF 91 was first shown in production-bound prototype form at CES 2017, but the first customer example wasn’t delivered until August 2023. Lower-cost FF71 and FF81 models were later in the product pipeline but never arrived.



Source link by Green Car Reports
Author news@greencarreports.com (Stephen Edelstein)

#Faraday #Future #aims #mainstream #masses

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