Faraday Future Intelligent Electric Inc. announced its commitment to local sourcing for manufacturing equipment in Ras Al-Khaimah, UAE. This strategic initiative aligns with the Company?s focus on fostering regional partnerships, streamlining logistics, and accelerating delivery timelines for its planned UAE manufacturing operations. FF has identified a potential turnkey supplier based in Ras Al-Khaimah that could provide approximately 80% of the essential factory equipment for the Company?s initial production needs.

The supplier?s capabilities include the delivery of critical items such as vehicle lifts, fluid installation systems, paint booths, and automotive service accessories. In addition, the Company is looking to collaborate with a specialized custom equipment fabricator within the Ras Al-Khaimah Economic Zone (RAKEZ) to procure tools designed for its operations, including body carts and assembly aids. These potential collaborations underscore Faraday Future?s commitment to leveraging local expertise and resources to enhance operational agility, with an emphasis on efficiency and sustainable supply chain practices.

FF is currently in the quoting stage with key suppliers to finalize equipment procurement.