Michael Faraday (1791-1867), British experimental physicist prominent in the development of electricityFuture announced in a release today that the company will be Early 2025NASDAQstock code (computing) FFIE officially changed its name to FFAIThe official said that full vehicle AI is a key strategy for FF and FX. Officially, full vehicle AI is a key strategy for FF and FX, and this move is in line with the company's continued focus on AI strategy and further clarifies the direction established by the FX strategy.
FF officials said that the results of several internal and external polls conducted by the company since last year showed that the majority of respondents recommended that the company change its ticker symbol from FFIE to FFAI, and that the company will announce in January 2025 the detailed date and plan for the change of ticker symbol and "FF Open AI Day".
FF Global CEO Matthias Aydt said, "AI has been the cornerstone of FF since its inception, and the ticker symbol FFAI better reflects the company's strategic direction. With FF's AI technology empowering FX and the gradual realization of the FX strategy, we hope to fill the gap in the U.S. AIEV market, including AI cockpits, by creating AIEVs with an ultimate body-to-price ratio. We hope that by creating the ultimate body-to-price ratio AIEV, we can fill the gaps in the U.S. AIEV market, including AI cockpits, and make every effort to promote the full AIization of the U.S. EV industry."
FF's AI strategy is also described as leading to new revenue growth models, includingIn-Car Subscriptionand AI-driven value-added services, boosting user loyalty and recognition.
1AI previously reported that the first batch of prototypes of the Faraday Future FX successfully arrived at FF's headquarters in China this month, and were then shipped to FF's U.S. headquarters to begin the product development and testing phase. Faraday X (FX), a subsidiary of Faraday Future, also signed a series of product development and delivery agreements with host manufacturers this month, to jointly promote the development of models, testing, regulations, supply chain, production and manufacturing of the program implementation and the first phase of execution.