Faraday Future signs $89.4M strategic cooperation with Hebei Huanzhou for FX Super One MPV

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Advance payment of RMB300M (~$43.2M) required within 6 months; first RMB80M (~$11.5M) due in 15 business days.
Additional RMB320M (~$46.2M) payable upon project milestones for engineering services and parts procurement.
Agreement covers battery electric FX Super One for U.S. market; potential expansion to FX 4 and other models.
Partner provides engineering, certification, manufacturing development, and supply chain support for scaled deliveries.
Non-refundable advance and per-vehicle procurement price; may negotiate geographic expansion to Canada and Middle East.

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Strategic Cooperation Agreement and Engineering Services Agreement with Hebei Huanzhou Automobile Sales Co., Ltd valued at RMB300 million (approximately $43.2 million) non-refundable advance payment, with first installment (effective 2026-02-04).

Action: entry
Counterparty: Hebei Huanzhou Automobile Sales Co., Ltd
Value: RMB300 million (approximately $43.2 million) non-refundable advance payment, with first installment
Effective: 2026-02-04

Exact text from the filing

On February 4, 2026 (the “Signing Date”), GlobeX AI Hong Kong Holding Limited (“GlobeX”), a special purpose entity controlled by Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Strategic Cooperation Agreement (the “Cooperation Agreement”) and an engineering services agreement (the “ESA” and, together with the Cooperation Agreement, the “Agreements”) with Hebei Huanzhou Automobile Sales Co., Ltd (the “Partner”), in connection with the procurement of components and engineering services for a battery electric version of the FF Super One under development for the United States market.

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Source: SEC EDGAR

accession 0001213900-26-014347

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