Faraday Future Intelligent Electric Inc. is set to host Futurist Day in Los Angeles, where it will present its updates on electric vehicles and cryptocurrency.
Announcement of Futurist Day in Los Angeles
Faraday Future will host its Futurist Day on September 19, 2025, showcasing important updates regarding its electric vehicle and crypto strategies. The event will be held at the company's headquarters in Los Angeles.
Plan for Cryptocurrency Purchase
Faraday Future plans to invest between $5 billion and $10 billion in digital assets, contingent upon sufficient funding. An initial allocation of $30 million will be set aside for this strategy, marking a significant step towards integrating automotive business models with Web3.
New Precedents in Crypto and EV Integration
The C10 index the company is introducing may be one of the first examples of aligning a cryptocurrency strategy with an automotive fleet in the US, potentially influencing approaches in the industry regarding digital asset integration.
During Futurist Day, Faraday Future will showcase its ambitious plans for integrating cryptocurrencies and electric vehicles, which may set new industry standards.
