In October 2024, Faraday Future and Master Investment Group of United Arab Emirates announced a co-investment agreement to launch operational and sales activities within the UAE in 2025 and 2026.

[10] In December 2015, Faraday Future settled on a location in North Las Vegas for its manufacturing site,[11] to be built by AECOM for $500 million.

[12] Construction began in April 2016 on infrastructure which Nevada agreed to build, but was suspended in November pending verification of Faraday Future's financial stability.

Following Karma Automotive's new plant in Moreno Valley,[15] the project would be the second new automobile manufacturing facility to be built from the ground up in California within the last few years.

[17][18] Due to plans to develop a production vehicle and plant in North Las Vegas, Faraday Future ended its exclusive agreement with the City of Vallejo in March 2017.

[23] The company has implied plans to explore other aspects of the automotive and technology industries, such as alternative ownership and usage models, in-vehicle content, and autonomous driving.

[26] On January 4, 2016, at the US Consumer Electronics Show, Faraday Future revealed its concept vehicle, 1,000 hp (750 kW), 200 mph (320 km/h), single seat sportscar FF ZERO1.

[28] Following the revelation, comments on social media expressed disappointment that the only design exhibited was a high-end concept race car that would never be produced.

[37] In April 2019, Faraday Future announced a partnership with Chinese video game company, The9, to develop a minivan named the V9, exclusively for the China market.

In late 2017, then CFO Stefan Krause and CTO Ulrich Kranz departed Faraday Future in a dispute with owner Jia over financing and the impending exhaustion of cash.

Krause and Kranz founded Evelozcity (now called Canoo) in late 2017, a competing electric car maker, and poached former Faraday Future employees.

[53][54][55] In early 2018, Faraday Future acquired a $1.5 billion funding commitment from an undisclosed Hong Kong investor, with $550 million invested initially and the balance coming as the company met milestones.

[57] By April 2018, Faraday Future secured a contract to build an assembly plant in a Guangzhou free zone area dedicated to the manufacture of smart equipment and new energy vehicles.

[63] Co-founder Nick Sampson and senior vice president Peter Savagian resigned from the company following the announcement of layoffs.

[64] In December 2018 the company announced massive layoffs due to a cash crunch and financial pressure, and by the end of 2018 the staff was planned to be reduced by 40% (from 1000 to 600).

[70] The company's founder Jia Yueting filed for personal bankruptcy in United States federal court in Delaware on October 14, 2019.

[71] Following Jia's personal bankruptcy, he stepped down from his role as CEO of Faraday Future in order to assume a new position as the Chief Product and User Officer (CPUO).

The company is listed under the ticker symbol (NASDAQ:FFIE)[76] On March 31, 2022, the U.S. Securities and Exchange Commission subpoenaed several members of Faraday Future's management team over inaccurate statements made to investors.

[80] On June 8, 2023, Faraday Future announced the first three owners of the FF 91 Futurist: Rem D Koolhaas, Jason Oppenheim, and Private Collection Motors (PCM), a luxury car dealership based in Costa Mesa, California.

[84] On September 19, 2023, business development manager Kelvin Sherman took delivery of a FF 91 Futurist Alliance at Faraday Future‘s headquarters.

The company also announced that actress and entrepreneur Emma Hernan had also joined Faraday Future as its first female FF 91 Futurist Alliance owner and "Developer Co-Creation Officer".

The car would have a glass roof, and a racecar style head and neck support system, with oxygen and water feeds to the driver's helmet.

[89] This large crossover SUV is to have a 0–60 mph (0–97 km/h) time of 2.4s, 130 kWh (470 MJ) battery pack, giving a range of 289 mi (465 km).

The production version of the vehicle features a tri-motor configuration, providing 783 kW of total power and a 142 kWh battery pack for an estimated 381 miles (613 kilometers) of range under the US EPA standard.

[90][97][98][99] In February 2022, Faraday Future signed a manufacturing deal with South Korean company Myoung Shin to build the FF81 in an ex-GM Korea factory,[100] but no further announcements have been forthcoming.

)[104] Faraday Future joined the FIA Formula E Championship for electric-powered cars through a collaboration with the existing Dragon Racing team for the series' third season, beginning in October 2016.

[106] In August 2017, due to a lack of cash, Faraday Future reduced its participation in Formula E. It was unable to maintain a sponsorship role in Dragon Racing, leading to the loss of the FF logo on their cars.