Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: FFR Sold and Shipped 351 Robot Devices in October, Setting Another Monthly Record and Bringing Cumulative Sales and Shipments to 1,168 Units
Key Highlights
- ➤FFR (FFR) sold and shipped 351 devices in October, setting another monthly record
- ➤Cumulative FFR sales and shipments reached 1,168 units since February
- ➤FFR expects November and December monthly sales and shipments above 400 units
- ➤FFR targets approximately 2,000 devices sold and shipped for the full year
- ➤FFR and FFAI launched New York regional operations and began recruiting partners
Expert Statements
YT Jia, Founder and Global CEO of Faraday Future and FFR
“FFR sold and shipped 351 devices in October, setting another monthly record. Since we began sales and deliveries at the end of February, cumulative sales and shipments have reached 1,168 units, topping 1,000 for the first time, and we continue to deliver at a positive gross margin.”
YT Jia, Founder and Global CEO of Faraday Future and FFR
“We expect average monthly sales and shipments of more than 400 units in both November and December, which gives us greater confidence in reaching our full-year guidance of approximately 2,000 devices sold and shipped.”
YT Jia, Founder and Global CEO of Faraday Future and FFR
“The Education ecosystem is expanding quickly from Los Angeles into the Bay Area and Silicon Valley.”
YT Jia, Founder and Global CEO of Faraday Future and FFR
“The Security and Inspection ecosystem has entered the proof-of-concept stage.”
YT Jia, Founder and Global CEO of Faraday Future and FFR
“We will also speed up RoboShare’s rollout on the East Coast, to help it grow faster into the robot-sharing platform with the largest fleet and widest variety of robots in North America.”
Jerry Wang, Executive at Faraday Future and FFR
“I’m really happy that we’ve completed our listing here in New York, and that our business is now up and running in the New York region too.”
Jerry Wang, Executive at Faraday Future and FFR
“What I’m really, really looking forward to is seeing FFR’s stock perform well, but even more than that, seeing the business move forward fast.”
Jerry Wang, Executive at Faraday Future and FFR
“That will reinforce the strong position we’re in today as the No. 1 robot deliverer in the U.S., and the outlook ahead of us.”
Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: FFR Sold and Shipped 351 Robot Devices in October, Setting Another Monthly Record and Bringing Cumulative Sales and Shipments to 1,168 Units
* FF EAI Robotics Ecosystem Inc. ("FFR") (NASDAQ: FFR), has officially listed on the U.S. stock market as the first pure-play Four-Core Full-Stack AI humanoid and bionic robotics company.
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