On March 25, Faraday Future (FF) announced that it had successfully signed a new cash financing of US$41 million. The financing will be used to promote the company's business growth and development, including daily operations, the continued promotion of the FX brand, and the execution and promotion of key strategic projects to achieve the company's goal of rolling out the first FX car by the end of 2025. In addition, the funds will also be used to promote AI-related research and development, build an AI core team and infrastructure, and expand capital cooperation opportunities. After the completion of this financing, FF's cumulative financing commitment amount in the past 7 months has exceeded US$100 million.