Category: Business Wire

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Faraday Future Establishes Local Sourcing Initiative in Ras Al-Khaimah, UAE

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, 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 […]

Faraday Future Secures 100 Sets of Fuji Vehicle Body Parts to Support FF 91 2.0 Manufacturing

100 Sets of Fuji Vehicle Body Materials Shipped to FF ieFactory in Hanford, California. First Two FX Prototype Mules Ready for Shipment to Los Angeles. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced it will receive a new […]

Old Dominion Freight Line, Inc. Announces General Rate Increase

THOMASVILLE, N.C.–(BUSINESS WIRE)–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 2, 2024. Todd A. Polen, Old Dominion Freight Line’s Vice President – Pricing Services, commented, “The general rate increase is based […]

Faraday Future’s FX Subsidiary Appoints Xiao (Max) Ma Global CEO of Faraday X

Max Will be Responsible for Executing the FX Strategy and Driving the Success of the New Brand. FF and FX Have Established Relationships with Four Chinese OEMs, Having Already Entered into Two Strategic Framework Agreements and Two Memoranda of Understanding. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), […]

Faraday Future’s FX Brand Continues Its Ramp Up as It Kicks Off Hiring for Key Positions

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products […]

Faraday Future Announces Global Logo Co-Creation Design Contest for its new Faraday X (FX) Brand

This ‘FX’ Global Logo Co-Creation Initiative Contest follows the Sept. 19 FX event where Faraday Future officially kicked off its dual-brand strategy by announcing its second brand, Faraday X (FX), and its launch plan for the first batch of planned products. The new FX logo design should encompass the philosophy ‘Co-Create, an AIEV for Everyone’ […]

CDK Extends Relationship With AutoCanada

Canada’s Only Publicly Held Dealer Group Partners with CDK AUSTIN, Texas–(BUSINESS WIRE)–#AutoCanada—CDK, the leading automotive retail software provider, today announced a long-term extension of its agreement with AutoCanada Inc. (TSX: ACQ), a multi-location North American automobile dealership group. The extension allows AutoCanada to further leverage the depth and breadth of CDK software—including the industry’s leading […]