Part 7/9:
In a surprising turn, Faraday Future revealed its plans to introduce a $20,000 EV after a series of operational setbacks and uncertainties. The FX5 is positioned as an affordable choice for mainstream consumers, while the FX6 will cater to a slightly higher market with a price range of $30,000 to $50,000. However, brand credibility is a major concern, as the company has faced a string of management mishaps and production delays over the years.