FF与“成长吧!奋斗者”达成生态链产品独家战略合作 开拓全新业务增长点

·      FF 已收到首笔 25 万美元的年度基础许可费。

·      FF 将从此次合作中获得的预期经济收益还包括提成许可费,数额取以下两者中的较高值:(a) FF 和 FX 生态链产品年度净利润的50%;(b) 相关品牌生态链产品所有净销售收入的5%。

·      FF 无需为开发生态链产品投入任何资源。

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北京时间2024年11月14日(美国加州11月13日)--  总部位于美国加州的全球共享智能电动出行生态公司Faraday Future Intelligent Electric Inc.(纳斯达克:FFIE)("Faraday Future "、"FF"或 "公司")今天宣布与全球个人IP商业化公司“成长吧!奋斗者”(“成长吧公司”)签署全面战略许可协议。作为 FF 生态系统产品的独家授权商,成长吧公司将承担FF和Faraday X(FX)相关品牌的生态链产品设计、开发、销售和运营等工作。此项合作有望成为公司全新的业务增长点。

根据双方达成的战略许可协议,在合同期限内,成长吧公司将获得FF和FX的品牌和商标的独家使用许可,包括但不限于服装、汽车配件、家居用品和个人护理用品等品类。成长吧公司将全面承担包括研发、供应链管理、销售、售后等相关产品的所有工作。FF 无需为开发生态产品投入任何资源,同时通过收取年度基础许可费和额外的提成许可费获得经济收益。

通过此项合作,FF可获得的经济收益主要包括:(1) 提成许可费。每季度结算一次,取以下两者中的较高值, (a) FF和FX生态链产品公司年度净利润的50%, (b) 所有相关品牌生态链产品销售净收入的5%,按季度支付。二者中的金额较高者将成为当年的最终提成许可费;(2) 25万美元的年度基础许可费。FF已收到第一笔的年度基础许可费,此后的年度许可费将在每个合约年开始后的 30 天内支付。

FF保留对商标使用的完全审批权、相关产品销售的审计权,和共同销售权,即FF仍可通过自己的渠道销售相关产品。成长吧公司在启动产品设计、广告或任何涉及FF商标的公告之前,必须获得FF的书面批准,确保FF对其品牌形象的掌控。

生态链产品已经成为诸多汽车品牌尤其是豪华汽车品牌的重要销售收入来源。FF 一直在积极探索这一领域的机遇,这次新的合作将助力FF在这一独特的消费品业务领域实现快速扩展和稳健增长。

之前,贾跃亭将其所拥有的成长吧公司股权的近60%无偿赠予FF,FF就此成为成长吧公司占股10%的重要股东。

此次与成长吧公司战略合作的达成,意味着双方的深度合作进入了全新的阶段,使得FF在没有增加任何财务、人力等成本的情况下,于整车业务之外增添了一条收入可观的新业务线。这一业务扩张不仅为FF 带来收入多样化,还能提高 FF 和 FX 的全球品牌知名度。

“非常高兴和成长吧公司就FF生态链产品达成战略合作。”FF全球CEO Matthias Aydt 表示,“他们对FF在这一新领域发展的持续支持极为宝贵,我们期待能够在这个前景广阔且极富潜力的新业务领域实现增长。”

成长吧公司负责人表示:“能够与FF达成战略合作,我们深表荣幸。成长吧公司将会最大化发掘和释放FF和FX的品牌价值,希望双方的合作能够产生强大的化学反应,共创共赢。”

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Faraday Future and Grow Fandor Forge Exclusive Strategic Licensing Collaboration, a Potential New Growth Driver

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· FF has received the initial $250,000 annual license fee.

· The anticipated economic benefits for FF from this collaboration include a royalty fee equal to the greater of (a) 50% of the annual net profit from FF and FX ecosystem products and (b) 5% of net sales revenue from all relevant brand ecosystem products.

· FF will not be required to contribute any resources for development of branded products.

Los Angeles, CA (Nov. 13, 2024) -- Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a comprehensive strategic licensing agreement with Grow Fandor, an IP commercialization company. As FF’s exclusive licensee for ecosystem products, Grow Fandor will manage the design, development, sales, and operations for certain ecosystem products bearing the FF and Faraday X (FX) brands. This collaboration has the potential to become a new growth driver for FF.

Under the terms of the licensing agreement, Grow Fandor has exclusive licensing rights as the only third-party allowed to use the FF and FX brands and marks during the contract term. This right includes, but is not limited to, categories like apparel, automotive accessories, home goods, and personal care products. FF will not be required to contribute any resources for development of branded products. Furthermore, FF will financially benefit from an annual license fee and additional licensing royalties. Grow Fandor will fully assume responsibility for all tasks related to these products, encompassing research and development, supply chain management, sales, and after-sales services.

The anticipated economic benefits for FF from this collaboration include: (1) a royalty fee, payable quarterly, calculated as the greater of: (a) 50% of the annual net profit from FF and FX ecosystem products, and (b) 5% of net sales revenue from all relevant brand ecosystem products, payable quarterly (whichever amount is higher will be the final royalty fee for that year); and (2) a $250,000 annual base license fee. The initial annual license fee has been paid and received, and subsequent annual license fees will be payable within 30 days after each contract year.

FF retains approval rights for the use of its trademarks and the right to audit products bearing these marks, sales revenue, and the right to share sales, enabling and the ability FF to sell ecosystem products through its own channels. Grow Fandor must secure written approval from FF before launching any product designs, advertisements, or announcements involving FF trademarks, ensuring FF’s control over its brand image.

Branded products have become a significant revenue source for many automotive companies, especially within the luxury and performance segments. FF has been actively exploring opportunities in this space, and with this new collaboration, it positions FF for growth and market expansion within this unique consumer products sector.

Previously, YT Jia gifted nearly 60% of his shares in Grow Fandor to FF, making FF a significant shareholder with 10% ownership of the company’s shares.

This strategic licensing agreement represents a new level of collaboration between the two companies, allowing FF to benefit from an additional revenue stream beyond vehicle manufacturing, without increased financial, labor, or other expenses. This business expansion not only diversifies FF’s revenue sources but could also enhance global brand recognition for both FF and FX.

“We are very pleased to establish a strategic collaboration with Grow Fandor for our ecosystem products. Grow Fandor’s commitment to supporting FF’s growth in this new area is invaluable, and we look forward to realizing the potential of this promising new business segment,” said Matthias Aydt, Global CEO of FF.

A spokesperson for Grow Fandor added, “We are honored to enter this strategic collaboration with FF. Grow Fandor is dedicated to maximizing the brand value of FF and FX. We believe this cooperation will drive a dynamic synergy between our companies, fostering mutual growth and success.”

ABOUT FARADAY FUTURE

Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.

ABOUT GROW FANDOR

Grow Fandor is a pioneering IP commercialization company that leverages a business IP matrix of top entrepreneurs and celebrities to transform content and commerce across industries. Founded by YT Jia and partners, this venture merges robust technological platforms with high-quality international supply chains to innovate in video and live-stream e-commerce, brand derivative commercialization, and knowledge empowerment. With a strategic emphasis on bridging market gaps between China and the U.S., Grow Fandor not only aims to introduce advanced business models and premium international products across borders but also fosters cross-cultural business growth and collaboration. Its mission is to empower driven individuals and visionary entrepreneurs with tools that enhance their professional and personal lives, thereby contributing to global economic development and innovation.

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the licensing agreement with and equity interest in Grow Fandor, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include, among others: the ability of Grow Fandor to successfully market ecosystem products with the FF and FX marks; the Company’s interest in Grow Fandor lacks antidilution protection and the Company has no ability to prohibit or otherwise restrict material dilution of its investment interest in Grow Fandor. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC.

CONTACTS

Investors (English): ir@faradayfuture.com

Investors (Chinese): cn-ir@faradayfuture.com

Media: john.schilling@ff.com   


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