Faraday Future launches second brand Faraday X, targeting the mass market

Faraday Future (FF) officially launched its second brand, named "Faraday X" (FX), which aims to create a hit smart electric vehicle (AI EV). FX plans to launch two new cars, priced between $20,000 and $50,000. The FX5 and FX6 models will start production at the end of 2025, providing two power systems: extended-range AIEV and pure electric AIEV.