Faraday signs first business-to-business pre-order agreement for 1,000 units

Faraday Future (FFAI) announced that it has signed the first binding business-to-business pre-order agreement, which includes a non-refundable deposit and a non-binding reservation for 1,000 units of the company’s highly anticipated FX model, the Super One MPV. The pre-order was placed by New York City-based automotive dealership, 129 Auto Sales Corp., doing business as JC Auto. It is paying a $100,000 non-refundable deposit, which can be used toward the purchase of FX vehicles, to secure priority delivery of up to 300 FX vehicles, subject to an additional payment.