<div id="readability-page-1"><div>  <p>For all the doom and gloom settling over the vehicle electrification movement in the US, a few bright spots continue to seep through. The latest news involves a new EV from the California-based global automaker Faraday Future Intelligent Electric Inc. — wait, Faraday who?</p> <h3>The Long Road To Faraday Future</h3> <p>The “Faraday” in Faraday Future is no accident. The early 19th century inventor Michael Faraday is credited with kickstarting the EV movement before horseless carriages were even a thing.</p> <p>“Michael Faraday, one of the world’s greatest experimental physicist, is known as the father of the electric motor, electric generator, electric transformer, and electrolysis,” notes the US Energy Information Agency.</p> <p>“He wrote the ‘Law of Induction’ and is known for the ‘Faraday Effect,'” EIA continues. “Two units in physics were named in his honor, the farad (for capacitance) and the faraday (as a unit of charge).”</p> <p>The US startup Faraday Future launched itself in 2014, almost 200 years after Michael Faraday hit his stride in the 1830s. Faraday Future has been making regular appearances on the <em>CleanTechnica</em> radar ever since.</p> <h3>Here Comes Another New EV … Make That An Affordable EV!</h3> <p>Faraday Future’s initial years were touch-and-go, leading many auto industry observers to wonder if the company would follow the fate of other US startups.</p> <p>As of last year, though, the company was firmly on track. “Lately, it’s been delivering FF 91 2.0 Futurist Alliance EVs one by one to famous people, like fashion designer and YouTube influencer Suede Brooks and entrepreneur Luke Hans,” <em>CleanTechnica</em> editor Zachary Shahan wrote in December of 2024, taking note of a new $30 million round of funding aimed at supporting the company’s new EV, the FX (short for Faraday X).</p> <p>This year has been a busy one for the automaker. In April, Faraday Future teased the front fascia design of the FX and affirmed plans to roll it off the line by the end of 2025. The company also affirmed its intent to offer a new EV at a price point accessible to many drivers, while also penetrating into the mid-range luxury market.</p> <p>“The FX brand is planned to target the mass market segment, advancing a new chapter in the Company’s overall product strategy,” stated in April, describing a base price range of $20,000–$80,000 for three models: the FX 5, the FX 6, and its tech-saturated “AI-MPV” product, the Super One.</p> <p>As of last spring, Faraday Future also firmed up its manufacturing strategy for the global market, with plans underway in China and Korea in addition to its flagship factory in Hanford, California.</p> <h3>An Affordable EV … Wait For It … Wait For It …</h3> <p>The latest news from Faraday Future may disappoint EV advocates eagerly awaiting the launch of a $20,000 EV in the US market. However, it may brighten the hearts of drivers scouting around for alternatives to a Tesla Model X, or, for that matter, GM’s highly regarded Cadillac Escalade IQ.</p> <p>On December 21, Faraday Future celebrated the first roll-off of a pre-production FX Super One MVP at its Hanford facility. The company also described a six-point rundown of its business model in an embargoed press release shared with <em>CleanTechnica</em>, in which the company put the IQ firmly in its crosshairs.</p> <p>“Fourth, as the disruptor of the Cadillac Escalade in the EAI era, the FX Super One will fundamentally change the long-standing lack of product diversity in high-end business and family mobility in the U.S. market — where consumers have had little choice beyond the Escalade — and will drive a meaningful consumption upgrade,” Faraday Future stated.</p> <p>That phrase “meaningful consumption upgrade” is a little on the vague side. It could mean that EV drivers can upgrade their experience, or that more EV-curious drivers will choose an EV for their next car, or both.</p> <p>Either way, the US market is going to be a tough row to hoe. Although strong activity on the EV charging station end of the industry continues to indicate that the vehicle electrification movement will survive the Trump chopper, now is not a particularly fortuitous time to introduce a new EV, especially with the affordability crisis hovering over everyone’s heads.</p> <p>Still, Faraday Future indicates that its Hanford facility could produce more than 30,000 vehicles per year. “The Hanford factory is preparing a flexible production line for future FX units. The facility could support mixed-line manufacturing or assembly for multiple models,” the company states. Though, it also notes that maxing out production at the $300 million facility will depend on forthcoming investments.</p> <h3>Affordable Or Not, Here It Comes — With A Gas Tank, Too</h3> <p>Of course, affordability is a matter of scale. The Trump economy has fathered many losers here in the US, including Trump voters along with the general population, but not everyone is suffering. Faraday Future is among the EV stakeholders banking on the luxury market to tide them over until they can produce the truly affordable EV of the future. “The FX Super One is a premium mass market MPV,” Faraday Future emphasizes. “It offers a spacious, meticulously crafted interior with high-end materials and advanced technology.”</p> <p>“The FX Super One prioritizes passenger comfort with a host of features including multiple rows, spacious seating, ambient lighting, and premium entertainment systems, to name a few,” they add again for good measure.</p> <p>Faraday Future is also in the camp of EV makers that are offering a range-extending feature to attract more EV-curious drivers — in other words, a gas tank. That sets the EV movement all the way back to the early 2000’s, when General Motors deployed a range extender to help stimulate sales of the Chevy Volt. However, that’s the reality of the US auto market today. The gas tank runs an onboard generator to supplement the battery, acting as a sort of security blanket while providing drivers with the all-electric driving experience.</p> <p>The appeal of a security blanket is evident in the Scout Motors branch of Volkswagen, which is also offering up its new EVs with an optional range extender. As of October, Scout reportedly racked up 130,000 pre-orders, with the extended-range option accounting for the vast majority of reservations.</p> <p>Among other new EV offerings, the Jeff Bezos venture Slate Auto is holding onto its stripped-down business model by not offering a range-extended version, at least not yet. If you have any thoughts about that, drop a note in the comment thread.</p> <p><em>Photo: The California startup Faraday Future is alive, kicking, and moving forward with plans to launch a new EV into volume production, with a range-extending option for drivers in need of a security blanket (cropped, courtesy of Faraday Future via email).</em></p> </div></div>

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<p>Faraday Future, a California-based automaker, is launching a new EV, the FX Super One, targeting the mid-range luxury market. Despite affordability concerns, the company aims to disrupt the Cadillac Escalade's dominance in high-end mobility. The Hanford facility plans to produce over 30,000 vehicles annually, contingent on future investments. The FX brand will offer models priced between $20,000 and $80,000, marking a significant step in Faraday Future's product strategy.</p>

- Faraday Future is progressing with its new FX electric vehicle, set for production by the end of 2025, targeting a mass market price range of $20,000–$80,000.  
- The company recently celebrated the pre-production rollout of the FX Super One at its Hanford facility, emphasizing a focus on premium features and a range-extending gas tank for consumer appeal.  
- Despite challenges in the EV market, including affordability concerns, Faraday Future aims to produce over 30,000 vehicles annually and compete against established models like the Cadillac Escalade.

It’s A Heckuva Good Time To Launch A New EV In The US, Says Faraday…