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Faraday Future Announces the First Used 2023 FF 91 2.0 Closed at $235,000 on the Auction Site Bring a Trailer, an Impressive 76% Residual Value

1. FFIE's 2023 FF 91 2.0 auctioned for $235,000, retaining 76% of its value. 2. The vehicle offers 1,050 horsepower and a 381-mile EPA range. 3. FFIE emphasizes advanced AI tech in their electric vehicles. 4. Auction success indicates robust demand for FFIE's luxury EVs. 5. FFIE aims to expand its intelligent mobility ecosystem globally.

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Why Bullish?

The high auction price reflects strong market demand, enhancing FFIE's valuation as a luxury EV producer. Similar auctions have historically elevated stock values for luxury brands by showcasing their desirability.

How important is it?

The auction highlights FFIE's brand strength and market positioning, likely influencing investor perception. Such public interest in FFIE's EVs can enhance overall market confidence.

Why Short Term?

The immediate success with the auction may boost investor sentiment quickly. Previous auction successes generated short-term stock movement for similar EV companies.

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TSLARIVNNIO
February 12, 2025 11:37 PM Eastern Standard Time 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 a previously owned 2023 FF 91 2.0 Alliance just closed at auction on the Bring a Trailer auction site, a well-known online vehicle auction platform and enthusiast community. The vehicle closed at $235,000, an impressive 76% value retention from its new MSRP of $309,000, following intense bidding among bidders. The vehicle had approximately 6,200 miles on the odometer. Featuring 1,050 horsepower, a 381-mile EPA range, and advanced AI-driven luxury, the FF 91 2.0 continues to set new benchmarks in the industry. The Company extends a heartfelt congratulations to the lucky winning bidder and invites the winner to connect for personalized service. ABOUT FARADAY FUTURE Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.

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