Faraday Future rises on entry into Middle East market

Faraday Future Intelligent Electric

24/11/2023 13:39

** Shares of EV maker Faraday Future Intelligent
Electric  FFIE.O  rise 10.2% to $0.54 premarket 
  
        ** Co 
    announces
     entry into Middle East market 
  
        ** Says it plans to launch a limited-edition model, the
FF 91 2.0 Futurist aiFalcon, with delivery targeted in 2024
  
        ** Signs strategic cooperation agreements with Master
Investment group and Siraj Holding, which will support the
company beginning operations in the region - FFIE
  
        ** YTD, stock down about 98% through last close 
  

 (Reporting by Priyanka.G in Bengaluru)
 ((priyanka.g@thomsonreuters.com;))