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

SofiaBy SofiaFebruary 21, 2025No Comments3 Mins Read
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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

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 DriftBreath Reports Best Car To Buy 2025.

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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.

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