Faraday Future, the California-based electric vehicle (EV) startup, is preparing to launch a series of more affordable models in an effort to revive its sluggish sales, with starting prices expected in the $20,000 range.
The company, which currently sells the ultra-luxury FF 91 priced between $249,000 and $309,000, revealed new details about its future product line at its annual Stockholders’ Day event. Attendees were offered rides in early prototypes of the upcoming FX 4, FX 6, and FX Super One models.
The FX Super One, an electric minivan that Faraday Future describes as “the first First Class AI-MPV in the U.S.,” will be the first of the new lineup to launch. A dedicated reveal event is scheduled for June 29, with a public debut set for July 17. The minivan is expected to start below $50,000, making it the most expensive of the upcoming FX series.
Faraday Future is initially targeting fleet buyers for the FX Super One and says it has already secured 600 binding pre-orders and 2,500 non-binding commitments, despite the model not yet being publicly shown.
At the more affordable end of the lineup, the FX 4 is being positioned as a rival to Tesla’s Model Y and Toyota’s RAV4, with the company referring to it as “the disruptor of RAV4 in the AIEV era.” A rendering of the FX 4 was shared privately at the shareholder event, accompanied by a public teaser image that partially revealed the model’s front fascia.
Faraday Future has long expressed ambitions to expand beyond luxury models, but the latest developments suggest those plans may be gaining momentum. The company has not disclosed production timelines or detailed specifications for the new models.
