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Faraday Future aims for mainstream masses with $20,000 EV

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Faraday Future provided further detail on plans for its new FX sub-brand at CES 2025 in Las Vegas this week. The company reaffirmed plans for an affordable EV called the FX 5 that will cost between $20,000 and $30,000 and a larger model called the FX 6 priced between $30,000 and $50,000. First outlined in a September 2024 investor presentation…

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