LOS ANGELES–(COMMERCIAL THREAD) – Faraday Future Intelligent Electric Inc. (âFFâ) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystems company, today announced its upcoming work with Munro & Associates, Inc., a engineering and manufacturing consulting firm, which will help evaluate and co-create Faraday Future’s flagship vehicle, the FF 91 Futurist.
Over the next year, Faraday Future will host Munro & Associates at Faraday Future headquarters and offer hands-on experiences with the FF 91 smart techluxury and create an independent benchmarking against today’s ultra-luxury market. Having performed quality reviews for over 100 vehicles over the past decade, the Munro team will provide valuable feedback and an outside perspective on Faraday’s flagship offering.
âWe are delighted to be working with Munro & Associates, who have extensive experience in the field of electric vehicles and a highly respected reputation within the industry,â said Carsten Breitfeld, CEO of Faraday Future Global. “We are grateful to be on the right track in our production of the FF 91 Futurist and to have the support and opportunity to co-create our products and technologies with this esteemed company.”
For over 30 years, Munro & Associates has assisted in manufacturing industries such as aerospace, defense, automotive, marine, medical, heavy industries, MTDM, consumer electronics and more. They have a proven track record of helping companies reduce their âtime to marketâ, research and development, engineering and manufacturing costs while improving the quality of business products, processes and systems. Munro & Associates is led by Sandy Munro who has provided unbiased reviews for every EV in the market since 1991. He is an engineer by training, frequent speaker, senior advisor and influencer with a strong social media presence.
âWe look forward to being a part of the story and joining the process to help co-create the advanced futuristic FF 91 vehicle with Faraday Future,â said Corey Stueben, president of Munro & Associates. âWe are confident that our expertise and assessments will help drive Faraday Future’s progress. ”
Working with Munro & Associates is an important next step in bringing the FF 91 Futurist to market and understanding where it will stack up in the EV and automotive industry. The FF 91 Futurist Alliance and FF 91 Futurist models represent the next generation of intelligent Internet electric vehicle (EV) products. They are high-performance electric vehicles, all-in-one cars and the ultimate robotic vehicles, allowing users to “win their time” in the third Internet living space. The models also encompass extreme technology, ultimate user experience, and complete ecosystem.
Users can reserve a FF 91 Futurist model now through the FF smart app or FF.com at: https://www.ff.com/us/reserve
Download the new FF smart app at: https://apps.apple.com/us/app/id1454187098 or https://play.google.com/store/apps/details?id=com.faradayfuture.online
ABOUT FARADAY FUTURE
Founded in May 2014, FF is a global shared intelligent electric mobility ecosystem company, headquartered in Los Angeles, California. Since its inception, FF has implemented many innovations regarding its products, technology, business model, profit model, user ecosystem and governance structure. On July 22, 2021, FF was listed on the NASDAQ under the new company name âFaraday Future Intelligent Electric Inc.â, and the ticker symbols âFFIEâ for its Class A common stock and âFFIEWâ for its warrants. FF aims to continuously improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the internet and new usage models. With the ultimate smart techluxury brand positioning, FF FF 91 Futurist’s first flagship is equipped with unbeatable product power. It is not only a high performance electric vehicle, multi-purpose car and ultimate robotic vehicle, but also the third internet living space.
ABOUT MUNRO & ASSOCIÃS, INC.
Founded in 1988, Munro & Associates Inc. is a world-class engineering and manufacturing consulting firm based out of a 47,000 square foot corporate headquarters and benchmarking center in Auburn Hills, Michigan. With offices in Canada, Europe, Australia and Asia, the company specializes in upstream, predictive methods to increase profitability by improving quality, reliability and value, while reducing total life cycle costs. .
Munro’s unique Lean DesignÂ® methodology enables engineers to create precise business cases for product design and manufacturing process optimization. Using Munro’s Design ProfitÂ® software, teams can create highly accurate predictive models that analyze measures of quality, workmanship, weight and cost reduction, labor, and durability. For more information, visit www.leandesign.com.
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This communication does not constitute an offer to sell or the solicitation of an offer to buy securities, and there will be no sale of securities in any jurisdiction in which the offering, solicitation or sale would be illegal before. registration or qualification under the securities laws of such jurisdiction.
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates”, ” “Anticipates”, “foresees”, “plans”, “intends”, “believes”, “seeks”, “may”, “will”, “should”, “future”, “proposes” and variations of these or similar words (or negative versions of such words or phrases) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of FF, which could cause actual results or results to differ materially from those discussed in the forward-looking statements. Significant factors, among others, that may affect actual results include FF’s ability to execute its development and marketing plans for its vehicles and the timing of such development programs; FF’s estimates of the size of the markets for its vehicles and the cost of bringing these vehicles to market; the rate and degree of market acceptance of FF vehicles; the success of other competing manufacturers; the performance and safety of FF vehicles; potential litigation involving FF; the result of future funding efforts and general economic and market conditions affecting the demand for FF’s products. The foregoing list of factors is not exhaustive. You should carefully consider the above factors and other risks and uncertainties described in the âRisk Factorsâ section of the preliminary registration statement on the recently filed S-1 form by FF and other documents filed by FF from from time to time with the SEC. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and FF assumes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except if required by law.