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  11. <title>Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S. | Auto Excelsior</title>
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  25. <title>Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S. | Auto Excelsior</title>
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  31. <title>Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S.</title>
  32. <link>https://autoexcelsior.com/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to/54338/</link>
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  35. <pubDate>Sun, 12 Oct 2025 23:30:00 +0000</pubDate>
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  40. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="2560" src="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S." decoding="async" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-300x300.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-1024x1024.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-150x150.jpg 150w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-768x768.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-1536x1536.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-2048x2048.jpg 2048w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-founder-and-co-ceo-yt-jia-shares-weekly-investor-update-recent-developments-include-fx-signing-a-deposit-agreement-for-1000-fx-super-one-mpvs-with-zevo-a-pioneer-of-peer-to-100x100.jpg 100w" sizes="(max-width: 2560px) 100vw, 2560px" /></div><div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
  41. <p>Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S.</p>
  42. <figure>
  43.    <img decoding="async" src="https://ml.globenewswire.com/Resource/Download/3f69a6de-d3b6-4b31-9b7c-1c1a63c31ef8" title="Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S." alt="Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S." /><figcaption>Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Recent Developments Include FX Signing a Deposit Agreement for 1,000 FX Super One MPV’s with ZEVO, a Pioneer of Peer-to-Peer EV Sharing Platform in the U.S.</figcaption></figure>
  44. </div>
  45. <ul type="disc">
  46. <li>ZEVO deposit agreement represents another innovative breakthrough in the Company’s B2B2C sales model, following the car rental, FX Par, real estate brokerage, and MCN agencies.</li>
  47. <li>FF Announced Pinnacle Real Estate Group President Calvin Gong as the latest FF 91 2.0 Futurist Alliance Co-Creation Officer at a ceremony in Los Angeles on Oct. 8.
  48. </li>
  49. </ul>
  50. <p>LOS ANGELES, Oct.  12, 2025  (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.</p>
  51. <p>“Welcome to the 24<sup>th</sup> issue of our Weekly Report. Sorry for showing up in a cap today. I’ve been dealing with a very serious case of shingles on my head these past few days, which has affected my condition a bit. Everyone, please also take good care of your health and get enough rest.</p>
  52. <p><strong>On EAI Flywheel this week, starting with S1 User Ecosystem:</strong></p>
  53. <p>This week, FX signed a deposit agreement for 1,000 units of FX Super One with ZEVO, the pioneer of peer-to-peer EV sharing platform in the U.S. The agreement includes non-refundable deposits and non-binding preorders, and the non-refundable deposit has already been received. The signing of this agreement not only marks that FX’s Co-Creation Ecosystem Online Direct Sales model has expanded into Texas, the second-largest EV market in the United States. It also represents another innovative breakthrough in our B2B2C sales model. Following the car rental, FX Par, real estate brokerage, and MCN agencies, FX has now also entered the rapidly growing peer-to-peer car-sharing market.</p>
  54. <p>Based in Dallas, ZEVO not only allows individual car owners to list their own EVs for user-to-user sharing but also provides flexible short-term rental programs for ride-hailing and instant-delivery drivers. Its business has now expanded to core cities in Texas, California, Arizona, Florida, and Nevada. Through the cooperation with ZEVO, FX not only further expands the sales and use cases of FX Super One, but is also expected to speed up the implementation of our co-creation and sharing ecosystem. At the same time, when the car-sharing business and CXC10’s Three Growth Engines spark meta-chemistry — especially through the EAI + Crypto Dual-Bridge RWA products — new possibilities will emerge. The value of real-world mobility will be redefined and expanded in Web3 scenarios. This meta-chemistry could greatly accelerate the convergence of Web2 and Web3, and of EAI and Crypto, creating the greatest value for our stockholders.</p>
  55. <p>This week, we also held a &#8220;Car Home Crypto Co-Creation&#8221; delivery event with Pinnacle. Calvin Gong is our first Co-Creation Officer since we announced the “EAI + Crypto” Dual Flywheel &amp; Dual Bridge Eco-Strategy. We look forward to creating meta-chemistry between real estate, automotive, and crypto together with industry leaders like Pinnacle. This could help us co-create greater value and enable users to share more benefits.</p>
  56. <p><strong>Now going to S2-4 Product &amp; Technology, Supply Chain, Production &amp; Delivery:</strong></p>
  57. <p>The FX Super One U.S. year-end vehicle off-line target has officially entered the final two-month sprint stage. This week, the company established a dedicated project team to coordinate and drive the work. Key areas — including engineering, supply chain, homologation, manufacturing and so on— are all accelerating across the board.</p>
  58. <p><strong>On S6 Middle East:</strong></p>
  59. <p>Our global teams are working across three locations in full force to prepare for the October 28th UAE Super One Product Final Launch. As the strategic third pole, the UAE will host its major Super One product launch for the first time and take the lead in initial vehicle deliveries — a milestone of great significance for FF and FX’s global strategic layout. The experience gained through this event will also help ensure the smooth progress of the upcoming vehicle off-line and final launch activities in the U.S.</p>
  60. <p><strong>Going to S7, Capability and System Build-Up:</strong></p>
  61. <p>This week, members of our government affairs team were invited to attend a gala in Washington D.C. that brought together political, media and entrepreneurial leaders from across the U.S. We continue to strengthen our government affairs capabilities, and they are making progress assisting the company in public sector engagement, policy incentives, tariff strategy, and more.</p>
  62. <p><strong>Now let’s look at the Crypto flywheel:</strong></p>
  63. <p>Following the completion of the strategic investment in Qualigen (QLGN), the Crypto team has been advancing its business operations while accelerating the transition work. The special meeting of QLGN stockholders is currently scheduled for November 2025. If the transaction is approved, QLGN is expected to be rebranded as CXC10, marking the beginning of a new chapter in Crypto and AI operations for that company.</p>
  64. <p>Next week, we will announce a major milestone related to the first FX Super One vehicle off-line target in the United States. Please stay tuned for the update. Okay, I&#8217;ll see you later.”</p>
  65. <p><strong>ABOUT FARADAY FUTURE</strong></p>
  66. <p>Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https://www.ff.com/us/</p>
  67. <p><strong>FORWARD LOOKING STATEMENTS</strong></p>
  68. <p>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 cross-collaboration with Calvin Gong, President of Pinnacle Real Estate Group, Super One product development and delivery, EAI and Crypto Dual-Bridge RWA products; and future QLGN activities, are not guarantees of future performance, conditions or results, and 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.</p>
  69. <p>Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure agreements with OEMs that are necessary to execute on the FX strategy; the Company’s ability to secure the necessary agreements to sell the Super One in the UAE and the Middle East; the ability of FX’s OEM partner to timely deliver the Super One and related parts to the US and the UAE; the number of Super Ones that Pinnacle ultimately chooses to purchase, which may be as few as one; the number of potential purchasers for the Super One that Pinnacle can identify; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company&#8217;s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company&#8217;s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company&#8217;s operations in China; the success of the Company&#8217;s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company&#8217;s ability to develop and protect its technologies; the Company&#8217;s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. 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 March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.</p>
  70. <p><strong>CONTACTS:</strong></p>
  71. <p>Investors (English): ir@faradayfuture.com</p>
  72. <p>Investors (Chinese): cn-ir@faradayfuture.com</p>
  73. <p>Media: john.schilling@ff.com</p>
  74. <p>A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f69a6de-d3b6-4b31-9b7c-1c1a63c31ef8</p>
  75. <p><img alt="" src='https://ml.globenewswire.com/media/YTUwMWE4MWQtZjhkMC00YTE4LTk1MTYtNmQ2ZGEzY2ZkM2JkLTEyMjE2MjAtMjAyNS0xMC0xMi1lbg==/tiny/Faraday-Future-Inc-.png' referrerpolicy='no-referrer-when-downgrade' /></p>
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  83. <link>https://autoexcelsior.com/54337-2/54337/</link>
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  86. <dc:creator><![CDATA[Business Wire India]]></dc:creator>
  87. <pubDate>Sat, 11 Oct 2025 04:32:33 +0000</pubDate>
  88. <category><![CDATA[Brand Post]]></category>
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  105. <dc:creator><![CDATA[Business Wire India]]></dc:creator>
  106. <pubDate>Sat, 11 Oct 2025 04:32:33 +0000</pubDate>
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  120. <title>Aptera Motors Approved for Nasdaq Listing, Set to Trade Under Ticker ‘SEV’</title>
  121. <link>https://autoexcelsior.com/aptera-motors-approved-for-nasdaq-listing-set-to-trade-under-ticker-sev/54335/</link>
  123. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  124. <pubDate>Fri, 10 Oct 2025 13:00:00 +0000</pubDate>
  125. <category><![CDATA[Brand Post]]></category>
  126. <guid isPermaLink="false">https://autoexcelsior.com/aptera-motors-approved-for-nasdaq-listing-set-to-trade-under-ticker-sev/54335/</guid>
  127.  
  128. <description><![CDATA[CARLSBAD, Calif., Oct. 10, 2025 (GLOBE NEWSWIRE) &#8212; Aptera Motors Corp. (“Aptera” or the “Company”), the solar mobility company focused on developing highly efficient vehicles, today announced it has received approval to list its Class B common stock on The Nasdaq Capital Market (“Nasdaq”). The Company’s Class B common stock is expected to begin trading [&#8230;]]]></description>
  129. <content:encoded><![CDATA[<p>CARLSBAD, Calif., Oct.  10, 2025  (GLOBE NEWSWIRE) &#8212; Aptera Motors Corp. (“Aptera” or the “Company”), the solar mobility company focused on developing highly efficient vehicles, today announced it has received approval to list its Class B common stock on The Nasdaq Capital Market (“Nasdaq”). The Company’s Class B common stock is expected to begin trading on October 16, 2025, under the ticker symbol “SEV”.</p>
  130. <p>To mark the milestone, Aptera’s leadership team will participate in the Nasdaq Closing Bell ceremony on October 16, 2025.</p>
  131. <p>“Listing on Nasdaq represents a pivotal chapter in our journey and is a testament to the dedication of our team and the passion of our global community,” said Chris Anthony, Co-CEO of Aptera. “We believe this step will help us accelerate our mission to deliver a solar-powered future and support the continued development of our first production vehicle for our reservation holders.”</p>
  132. <p>“Our transition to a public company is intended to empower us to scale our operations and advance the cause of solar mobility,” said Steve Fambro, Co-CEO. “We are building more than just a car; we are building a movement, and this is a critical step in bringing true energy freedom to the world.”</p>
  133. <p>This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>
  134. <p><strong>About Aptera Motors Corp.</strong> Aptera Motors Corp. is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us.</p>
  135. <p><strong>Forward-Looking Statements</strong></p>
  136. <p align="justify">This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, Aptera’s expected listing of its securities with The Nasdaq Capital Market. Forward-looking statements in this release relate to, among other things, the timing and outcome of any listing on Nasdaq. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements.</p>
  137. <p align="justify">Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera’s control. Aptera’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Aptera’s Registration Statement on Form S-1 filed with the SEC on August 27, 2025, as declared effective on September 30, 2025, as well as other documents that may be filed by Aptera from time to time with the SEC. The forward-looking statements included in this press release represent Aptera’s views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera’s views as of any date subsequent to the date of this press release.</p>
  138. <p><strong>Media Contact:</strong><br />Media@aptera.us</p>
  139. <p><img alt="" src='https://ml.globenewswire.com/media/OWRkMjk4ODUtMmM0Zi00MDdlLTg3MDMtNTZkY2VhYmQyYzM0LTEzMTYyNzYtMjAyNS0xMC0xMC1lbg==/tiny/Aptera-Motors-Corp.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  140. ]]></content:encoded>
  144. </item>
  145. <item>
  146. <title>Stellantis Reports Q3 2025 Estimated Consolidated Shipments of 1.3 Million Units, +13% y-o-y</title>
  147. <link>https://autoexcelsior.com/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y/54331/</link>
  149. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  150. <pubDate>Fri, 10 Oct 2025 06:04:00 +0000</pubDate>
  151. <category><![CDATA[Brand Post]]></category>
  152. <guid isPermaLink="false">https://autoexcelsior.com/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y/54331/</guid>
  153.  
  154. <description><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis Reports Q3 2025 Estimated Consolidated Shipments of 1.3 Million Units, +13% y-o-y" decoding="async" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-2048x1448.jpg 2048w" sizes="(max-width: 2560px) 100vw, 2560px" /></div>Stellantis Reports Q3 2025 Estimated Consolidated Shipments of 1.3 Million Units, +13% y-o-y North America +35%, Enlarged Europe and Middle East &#38; Africa Also Deliver Increases AMSTERDAM, October 10, 2025 – Stellantis N.V. today released its consolidated shipment estimates. The term “shipments” describes the volume of vehicles delivered to dealers, distributors, or directly from the [&#8230;]]]></description>
  155. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis Reports Q3 2025 Estimated Consolidated Shipments of 1.3 Million Units, +13% y-o-y" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-reports-q3-2025-estimated-consolidated-shipments-of-1-3-million-units-13-y-o-y-2048x1448.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div><p align="center"> <strong>Stellantis Reports Q3 2025 Estimated Consolidated Shipments of 1.3 Million Units, +13% y-o-y</strong></p>
  156. <p align="justify">North America +35%, Enlarged Europe and Middle East &amp; Africa Also Deliver Increases </p>
  157. <p align="justify">AMSTERDAM, October 10, 2025 – Stellantis N.V. today released its consolidated shipment estimates. The term “shipments” describes the volume of vehicles delivered to dealers, distributors, or directly from the Company to retail and fleet customers, which drives revenue recognition.</p>
  158. <p align="justify">Consolidated shipments for the three months ending September 30, 2025, were an estimated 1.3 million units, a 13% increase y-o-y. Most of the increase was driven by North America, also supported by year-over-year shipment growth in Enlarged Europe and Middle East &amp; Africa.</p>
  159. <p align="justify">                       <img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=e9740635-ce9f-43f6-8523-7abaca6f43a7&amp;size=3" height="268.81px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/e9740635-ce9f-43f6-8523-7abaca6f43a7/image1.png" width="374.81px" /></p>
  160. <ul type="disc">
  161. <li style="margin-bottom:12pt; text-align:justify;">North America posted a particularly strong rebound in Q3, with shipments growing by approximately 104 thousand units compared to the same period in 2024, a 35% y-o-y increase, including the initial deliveries of HEMI® V8-powered Ram 1500. This significant improvement primarily reflects the benefits of normalized inventory dynamics, in comparison to the prior year’s inventory reduction initiative, which temporarily reduced production.
  162. </li>
  163. <li style="margin-bottom:12pt; text-align:justify;">Enlarged Europe Q3 shipments increased approximately 38 thousand units, representing an 8% y-o-y increase. This growth was primarily driven by the start of production of four recently introduced B-segment “Smart Car” platform nameplates, Citroën C3, Citroën C3 Aircross, Opel Frontera and Fiat Grande Panda, which were not in production in the prior year period. The benefits of the production ramp-up of these newly introduced products were partially offset by lower shipments of Light Commercial Vehicles (LCVs) as well as lower shipments in certain high-volume countries.
  164. </li>
  165. <li style="margin-bottom:12pt; text-align:justify;">Across Stellantis’ other regions, shipments grew 10 thousand units net in aggregate, representing a 3% increase y-o-y, mainly driven by a 21% increase in Middle East &amp; Africa, partially offset by a modest 3% decrease in South America shipments. The 16-thousand-unit shipment increase in Middle East &amp; Africa reflected primarily increases in Algeria, where local production of FIAT products has been expanding, as well as positive market developments in Türkiye and Egypt. In South America, the modest year-over-year reduction of 7 thousand units in Q3 2025 primarily reflects an unusually high comparison base in Q3 2024, when Stellantis recovered Brazilian shipments that had been delayed by the Q2 2024 flood in Rio Grande do Sul.
  166. </li>
  167. </ul>
  168. <p align="center"><strong>NOTES</strong></p>
  169. <p align="justify">(1)   Consolidated shipments only include shipments by Company’s consolidated subsidiaries, which represent new vehicles invoiced to third parties (dealers/importers or final customers). Consolidated shipment volumes for Q3 2025 presented here are unaudited and may be adjusted.</p>
  170. <p align="center"># # #</p>
  171. <p align="left"><strong><em>About Stellantis</em></strong></p>
  172. <p align="justify"><em>Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep</em><sub><em>®</em></sub><em>, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit </em><em><u>www.stellantis.com</u></em><em>.</em></p>
  173. <table style="border-collapse: collapse; width:105.68%; border-collapse:collapse ;">
  174. <tr>
  175. <td style="width:38.6px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=96bb15a6-1f29-43bf-9b38-a25d3d595423&amp;size=3" height="30.61px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/96bb15a6-1f29-43bf-9b38-a25d3d595423/image2.png" width="30.61px" /></td>
  176. <td style="width:122.34px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">@Stellantis</td>
  177. <td style="width:38px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=5ff58ef8-75d3-4559-86ee-f1df82182f69&amp;size=3" height="30.61px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/5ff58ef8-75d3-4559-86ee-f1df82182f69/image3.png" width="30.61px" /></td>
  178. <td style="width:108.27px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  179. <td style="width:37.07px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=c13cb89e-b315-4d23-8b97-5955f971606d&amp;size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/c13cb89e-b315-4d23-8b97-5955f971606d/image4.png" width="30.67px" /></td>
  180. <td style="width:106.07px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  181. <td style="width:37.87px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=43b53eda-3b29-4b26-860e-84068bf1b150&amp;size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/43b53eda-3b29-4b26-860e-84068bf1b150/image5.png" width="31.87px" /></td>
  182. <td colspan="2" style="width:70.87px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  183. </tr>
  184. <tr>
  185. <td colspan="8" style="width:557.6px;;vertical-align: top ; ">
  186. <p><strong>For more information, contact:</strong></p>
  187. <p>investor.relations@stellantis.com</p>
  188. <p>communications@stellantis.com<br />www.stellantis.com</td>
  189. <td> </td>
  190. </tr>
  191. </table>
  192. <p align="justify"><strong><em>Stellantis Forward Looking Statements </em></strong></p>
  193. <p align="justify"><em>This communication contains forward-looking statements. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on Stellantis’ current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. </em></p>
  194. <p align="justify"><em>Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; Stellantis’ ability to successfully manage the industry-wide transition from internal combustion engines to full electrification; Stellantis’ ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; Stellantis’ ability to produce or procure electric batteries with competitive performance, cost and at required volumes; Stellantis’ ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis’ vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis’ vehicles; changes in local economic and political conditions; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency requirements and reduced greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; Stellantis’ ability to attract and retain experienced management and employees; exposure to shortfalls in the funding of Stellantis’ defined benefit pension plans; Stellantis’ ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; Stellantis’ ability to access funding to execute its business plan; Stellantis’ ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with Stellantis’ relationships with employees, dealers and suppliers; Stellantis’ ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; risks and other items described in Stellantis’ Annual Report on Form 20-F for the year ended December 31, 2024 and Current Reports on Form 6-K and amendments thereto filed with the SEC; and other risks and uncertainties. </em></p>
  195. <p align="justify"><em>Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis’ financial results, is included in Stellantis’ reports and filings with the U.S. Securities and Exchange Commission and AFM.</em></p>
  196. <p id="gnw_attachments_section-header">
  197.    <strong>Attachment</strong>
  198. </p>
  199. <ul id="gnw_attachments_section-items">
  200. <li>
  201.        EN-20251010-Stellantis-Q3-2025-Shipments-Estimates
  202.      </li>
  203. </ul>
  204. <p><img alt="" src='https://ml-eu.globenewswire.com/media/OTVjNzFjY2EtNTcyNy00YmIxLTgzMDMtNzMzYjdiMmZjNTc3LTEyMjA4NjYtMjAyNS0xMC0xMC1lbg==/tiny/STELLANTIS-N-V.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  205. ]]></content:encoded>
  209. </item>
  210. <item>
  211. <title>Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries</title>
  212. <link>https://autoexcelsior.com/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw/54333/</link>
  214. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  215. <pubDate>Fri, 10 Oct 2025 03:47:00 +0000</pubDate>
  216. <category><![CDATA[Brand Post]]></category>
  217. <guid isPermaLink="false">https://autoexcelsior.com/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw/54333/</guid>
  218.  
  219. <description><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1707" src="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-300x200.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-1024x683.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-768x512.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-1536x1024.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-2048x1366.jpg 2048w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-450x300.jpg 450w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div>FF and FX look forward to creating meta-chemistry between real estate, automotive, and crypto together with industry leaders like Pinnacle Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and [&#8230;]]]></description>
  220. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1707" src="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-300x200.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-1024x683.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-768x512.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-1536x1024.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-2048x1366.jpg 2048w, https://autoexcelsior.com/wp-content/uploads/2025/10/faraday-future-announces-pinnacle-real-estate-group-president-calvin-gong-takes-delivery-of-his-new-ff-91-2-0-futurist-alliance-at-a-co-creation-ceremony-held-in-bradbury-ca-exploring-synergies-betw-450x300.jpg 450w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div><p><em>FF and FX look forward to creating meta-chemistry between real estate, automotive, and crypto together with industry leaders like Pinnacle</em></p>
  221. <div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
  222. <p> Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries</p>
  223. <figure>
  224.    <img decoding="async" src="https://ml.globenewswire.com/Resource/Download/b32967c2-f15f-435c-ba0b-fe82c06c4d14" title="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" alt="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" /><figcaption> Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries</figcaption></figure>
  225. </div>
  226. <div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
  227. <p>Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries</p>
  228. <figure>
  229.    <img decoding="async" src="https://ml.globenewswire.com/Resource/Download/8e99607e-88fc-4568-96e5-5c1e8e2014c4" title="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" alt="Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries" /><figcaption>Faraday Future Announces Pinnacle Real Estate Group President Calvin Gong Takes Delivery of His New FF 91 2.0 Futurist Alliance at a Co-Creation Ceremony held in Bradbury, CA, Exploring Synergies between Real Estate, Mobility and Crypto Industries</figcaption></figure>
  230. </div>
  231. <p>LOS ANGELES, Oct.  09, 2025  (GLOBE NEWSWIRE) &#8212; Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it held a “Drive Home Together” co-creation ceremony for Calvin Gong, the newest FF 91 2.0 Futurist Alliance owner. The delivery took place in Bradbury, California, on October 8 and was attended by FF leadership, Including FF Founder and Global Co-CEO YT Jia and FX Global CEO Xaio (Max) Ma. Other guests included fashion model and designer Suede Brooks, who is also an FF 91 2.0 user and Developer Co-Creation Officer for the Company.</p>
  232. <p>Calvin Gong is the President of Pinnacle Real Estate Group, one of the largest Chinese-American real estate brokerages in Southern California.</p>
  233. <p>“Calvin is our first Co-Creation Officer since we announced the “EAI + Crypto” Dual Flywheel &amp; Dual Bridge Eco-Strategy, making this moment especially meaningful,” said YT Jia. “Our Co-Creation Ecosystem Online Direct Sales model goes beyond selling cars, it’s about user acquisition, user co-creation, and user operations. Together with Calvin and Pinnacle, FF and FX are looking forward to building a value co-creation and sharing ecosystem that connects real estate, mobility, AI, and crypto.”</p>
  234. <p><strong>A video of the delivery ceremony can be viewed here: https://youtu.be/4I1wU94np6E</strong></p>
  235. <p>In June 2025, Faraday Future also signed a deposit agreement with Pinnacle Real Estate Group for the FX Super One, the Company’s new first class EAI-MPV. This agreement includes a non-refundable deposit and non-binding reservations for 1,000 units of the FX Super One.</p>
  236. <p>This collaboration marks a first-of-its-kind global innovation: a “B2B2C” business model that brings together the AIEV and real estate sectors in a shared ecosystem. The initiative leverages Pinnacle’s expansive real estate footprint to unlock powerful synergies between smart mobility and lifestyle. Pinnacle and Calvin Gong are paid co-creation partners.</p>
  237. <p>Headquartered in Southern California, Pinnacle Real Estate Group operates three branches with a total of more than 1,000 real estate agents. Its business spans a broad range of services — from residential and luxury home sales to commercial real estate investment, financing, and property management.</p>
  238. <p>“I’m thrilled to become the latest FF 91 2.0 user and Co-Creation Officer for FF and can’t wait to not only get behind the wheel of this amazing vehicle but also proud to be leading the way with Faraday Future in our unique cross-industry collaboration,” said Calvin Gong. “This partnership represents a powerful new approach to how people experience both real estate and mobility.”</p>
  239. <p><strong>About Faraday Future</strong> </p>
  240. <p>Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https://www.ff.com/us/. </p>
  241. <p><strong>FORWARD LOOKING STATEMENTS</strong></p>
  242. <p>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 cross-collaboration with Calvin Gong, President of Pinnacle Real Estate Group, contributions by both regarding FF and FX, FF and FX product development and delivery, and FF and FX market positioning, are not guarantees of future performance, conditions or results, and 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.</p>
  243. <p>Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure agreements with OEMs that are necessary to execute on the FX strategy; the number of Super Ones that Pinnacle ultimately chooses to purchase, which may be as few as one; the number of potential purchasers for the Super One that Pinnacle can identify; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company&#8217;s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company&#8217;s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company&#8217;s operations in China; the success of the Company&#8217;s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company&#8217;s ability to develop and protect its technologies; the Company&#8217;s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. 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 March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.</p>
  244. <p><strong>CONTACTS:<br /></strong>Investors (English): ir@faradayfuture.com<br />Investors (Chinese): cn-ir@faradayfuture.com<br />Media: john.schilling@ff.com</p>
  245. <p>Photos accompanying this announcement are available at</p>
  246. <p>https://www.globenewswire.com/NewsRoom/AttachmentNg/b32967c2-f15f-435c-ba0b-fe82c06c4d14<br />https://www.globenewswire.com/NewsRoom/AttachmentNg/8e99607e-88fc-4568-96e5-5c1e8e2014c4</p>
  247. <p><img alt="" src='https://ml.globenewswire.com/media/ZjUzNjA3ZjUtZDBkOC00MWMyLWI0NTYtMTQ4YjQxYjk1ZjdiLTEyMjE2MjAtMjAyNS0xMC0xMC1lbg==/tiny/Faraday-Future-Inc-.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  248. ]]></content:encoded>
  252. </item>
  253. <item>
  254. <title>Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025</title>
  255. <link>https://autoexcelsior.com/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025/54329/</link>
  257. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  258. <pubDate>Thu, 09 Oct 2025 21:00:00 +0000</pubDate>
  259. <category><![CDATA[Brand Post]]></category>
  260. <guid isPermaLink="false">https://autoexcelsior.com/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025/54329/</guid>
  261.  
  262. <description><![CDATA[<div style="margin-bottom:20px;"><img width="496" height="496" src="https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025.jpg 496w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-300x300.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-150x150.jpg 150w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-100x100.jpg 100w" sizes="auto, (max-width: 496px) 100vw, 496px" /></div>Bollinger’s common stock will be traded on the OTC Markets to align with Company’s operating strategy and to provide critical investor access and trading The move follows Bollinger’s withdrawal from the Nasdaq hearings process  The Company will continue to trade under stock ticker symbol, BINI, on the OTC Markets  The Company will continue to evaluate [&#8230;]]]></description>
  263. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="496" height="496" src="https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025.jpg 496w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-300x300.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-150x150.jpg 150w, https://autoexcelsior.com/wp-content/uploads/2025/10/bollinger-innovations-announces-move-to-otc-markets-effective-monday-oct-13-2025-100x100.jpg 100w" sizes="auto, (max-width: 496px) 100vw, 496px" /></div><p align="center"><strong><em>Bollinger’s common stock will be traded on the OTC Markets to align with Company’s operating strategy and to provide critical investor access and trading</em></strong></p>
  264. <p align="center"><strong><em>The move follows Bollinger’s withdrawal from the Nasdaq hearings process </em></strong></p>
  265. <p align="center"><strong><em> The Company will continue to trade under stock ticker symbol, BINI, on the OTC Markets </em></strong></p>
  266. <p align="center"><strong><em> The Company will continue to evaluate the various market tiers available within OTC Markets, as well as trading on an international exchange </em></strong></p>
  267. <p>BREA, Calif., Oct.  09, 2025  (GLOBE NEWSWIRE) &#8212; via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today announces that its common stock will commence trading on the OTCID market, which is part of the broader OTC Markets (the “OTC Markets”),  effective, Monday, Oct. 13, 2025. The Company will continue to trade under stock ticker symbol, BINI. The OTCID market is designed to enhance investor confidence by requiring higher levels of corporate disclosure while offering stronger tools for information sharing and engagement.  </p>
  268. <p>Moving to the OTC Markets allows the Company to continue maximizing the value of its assets versus the regulatory requirements, the time management must dedicate to compliance and reporting, and the costs involved in maintaining a listing on the Nasdaq Stock Market (“Nasdaq”).  The OTC Markets give investors access to many companies that may be less known and undervalued. The OTC Markets are also a far more flexible and cost-effective platform for public companies offering a range of reporting standards with less stringent requirements than the other major U.S. exchanges. The Company believes it will be able to better allocate financial resources that would otherwise be spent on higher exchange fees. This will allow Bollinger Innovations the operational flexibility necessary to execute its overall business strategy expanding its commercial EV market footprint. The Company believes that the transition to the OTC Markets will save expenses and should allow for a continued orderly trading market for its common stock.  </p>
  269. <p>The Company will continue to evaluate the various market tiers available within OTC Markets, including the OTCQB, as well as a possible return to a national exchange in the future. Along with Company’s North American (domestic) trading strategy, the Company also plans to apply to list its securities on an international exchange to provide global trading coverage, including the Alternative Investment Market, a sub-market of the London Stock Exchange.</p>
  270. <p>As previously reported in the Company’s Current Reports on Form 8-K filed with the SEC on Feb. 28, 2025, and Aug. 29, 2025, the Staff of Nasdaq informed the Company that it was not in compliance, and had not regained compliance, with Nasdaq Listing Rule 5550(b)(2), which requires a market value of listed securities of at least $35 million. Although the Company timely requested a hearing, the Company informed Nasdaq of its intention to withdraw from the Nasdaq hearings process and transition the listing of its common stock from Nasdaq to the OTC Markets.  The Company expects that its common stock will be suspended from trading on Nasdaq effective at the opening of trading on Monday, Oct. 13, 2025, and will have its common stock commence trading on the OTCID of the OTC Markets immediately thereafter. The Company anticipates that Nasdaq will file a SEC Form 25 which will formally delist the Company&#8217;s common stock from Nasdaq in the near term. The Company will remain subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended.</p>
  271. <p>&#8220;Moving to the OTC Markets is a logical and financially prudent step for Bollinger Innovations,” said David Michery, CEO and chairman of Bollinger Innovations and Bollinger Motors. “It allows us to significantly reduce our administrative burden, directly reinvesting those savings into accelerating our business strategy. We remain fully committed towards our investors as we continue our growth forward.”</p>
  272. <p>The Company’s commercial EV lineup includes the Mullen ONE, a Class 1 urban delivery EV cargo van; the Mullen THREE, a Class 3 urban utility EV cab chassis truck purpose-built to meet the demands of urban last-mile delivery and service; and the Bollinger B4 chassis cab, an all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.</p>
  273. <p>All vehicles are available for sale in the U.S. and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards.</p>
  274. <p><strong>About Bollinger Innovations</strong></p>
  275. <p>Bollinger Innovations (NASDAQ: BINI) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with a U.S. based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The Company’s commercial dealer network consists of six dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets.</p>
  276. <p>Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.</p>
  277. <p>To learn more about the Company, visit www.BollingerEV.com.</p>
  278. <p><strong>Forward-Looking Statements</strong><br />Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as &#8220;continue,&#8221; &#8220;will,&#8221; &#8220;may,&#8221; &#8220;could,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;expected,&#8221; &#8220;plans,&#8221; &#8220;intend,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;predict,&#8221; &#8220;potential&#8221; and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Innovations and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Company will satisfy the listing qualifications of another market of the OTC Markets, including the OTCQB; what impact the move from Nasdaq to the OTC Markets will have on the Company; that there is no guarantee that brokers will continue to make a market in the Company’s common stock or that trading thereof will continue on the OTC Markets or otherwise; expected timing of the change of the listing of the common stock from Nasdaq to the OTC Markets; the potential benefits to be realized by the transfer of its listing to the OTC Markets and whether eliminating the effort and cost required to maintain compliance with Nasdaq&#8217;s continued listing standards will better enable it to currently focus on its business strategy; and whether the Company will satisfy the listing criteria and be approved for trading on an international stock exchange or be able return to a U.S. national exchange in the future. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Innovations’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Innovations’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Innovations’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Innovations’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Innovations’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Innovations ‘ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Innovations’ business; (x) Bollinger Innovations’ ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Bollinger Innovations with the Securities and Exchange Commission. Bollinger Innovations anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Bollinger Innovations assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Innovations’  plans and expectations as of any subsequent date. </p>
  279. <p><strong>Contact</strong>:<br />Bollinger Innovations, Inc. <br />+1 (714) 613-1900<br />www.BollingerEV.com </p>
  280. <p><strong>Corporate Communications:</strong><br />IBN<br />Austin, Texas<br />www.InvestorBrandNetwork.com<br />512-354-7000 Office<br />Editor@InvestorBrandNetwork.com</p>
  281. <p><img alt="" src='https://ml.globenewswire.com/media/NDJkYzhhMzktMGZjOC00ODUwLWJkYmItMTU2NTE1YmI5ZTg4LTUwMDA3NDUwOS0yMDI1LTEwLTA5LWVu/tiny/Bollinger-Innovations-Inc-.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  282. ]]></content:encoded>
  286. </item>
  287. <item>
  288. <title>Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30</title>
  289. <link>https://autoexcelsior.com/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30/54323/</link>
  291. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  292. <pubDate>Thu, 09 Oct 2025 12:12:00 +0000</pubDate>
  293. <category><![CDATA[Brand Post]]></category>
  294. <guid isPermaLink="false">https://autoexcelsior.com/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30/54323/</guid>
  295.  
  296. <description><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-2048x1448.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div>Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30 AMSTERDAM, October 9, 2025 &#8211; Stellantis N.V. announced today that its Third Quarter 2025 Shipments and Revenues will be released on Thursday, October 30, 2025. A live webcast and conference call for the Third Quarter Shipments and Revenues will begin at 1:00 p.m. [&#8230;]]]></description>
  297. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1810" src="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-300x212.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-1024x724.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-768x543.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-1536x1086.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/stellantis-to-announce-third-quarter-2025-shipments-and-revenues-on-october-30-2048x1448.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div><p align="center"><strong>Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30</strong></p>
  298. <p align="justify">AMSTERDAM, October 9, 2025 &#8211; Stellantis N.V. announced today that its Third Quarter 2025 Shipments and Revenues will be released on Thursday, October 30, 2025. </p>
  299. <p align="justify">A live webcast and conference call for the Third Quarter Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, October 30, 2025. </p>
  300. <p align="justify">The related press release and presentation materials are expected to be posted under the Investors section of the Stellantis corporate website at approximately 8 a.m. CET / 3 a.m. EDT on Thursday, October 30, 2025. </p>
  301. <p align="justify">Details for accessing this presentation are available under the Investors section of the Stellantis corporate website. For those unable to participate in the live session, a recorded replay will be accessible following the event.</p>
  302. <p align="center"># # #</p>
  303. <p align="justify"><strong><em>About Stellantis</em></strong></p>
  304. <p align="justify"><em>Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.</em></p>
  305. <table style="border-collapse: collapse; width:105.68%; border-collapse:collapse ;">
  306. <tr>
  307. <td style="width:38.6px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=e9e1ee06-fc47-4886-a7ef-50898e7c6a3e&amp;size=3" height="30.61px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/e9e1ee06-fc47-4886-a7ef-50898e7c6a3e/image1.png" width="30.61px" /></td>
  308. <td style="width:122.34px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">@Stellantis</td>
  309. <td style="width:38px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=59fe8d12-955e-4749-bf9f-527f4e5c22f7&amp;size=3" height="30.61px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/59fe8d12-955e-4749-bf9f-527f4e5c22f7/image2.png" width="30.61px" /></td>
  310. <td style="width:108.27px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  311. <td style="width:37.07px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=507e9a98-ac0c-4a21-9882-2bbf64d493ac&amp;size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/507e9a98-ac0c-4a21-9882-2bbf64d493ac/image3.png" width="30.67px" /></td>
  312. <td style="width:106.07px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  313. <td style="width:37.87px;;text-align: left ;  vertical-align: middle; vertical-align: middle ; "><img decoding="async" data-mce-src="/api/ImageRender/DownloadFile?resourceId=2c5af1d1-8cab-414b-95cf-36abbe41f132&amp;size=3" height="30.74px" name="GNW_RichHtml_IMG" src="https://ml-eu.globenewswire.com/Resource/Download/2c5af1d1-8cab-414b-95cf-36abbe41f132/image4.png" width="31.87px" /></td>
  314. <td colspan="2" style="width:70.87px;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Stellantis</td>
  315. </tr>
  316. <tr>
  317. <td colspan="8" style="width:557.6px;;vertical-align: top ; ">
  318. <p><strong>For more information, contact:</strong></p>
  319. <p><strong>Fernão SILVEIRA </strong>+31 6 43 25 43 41 – fernao.silveira@stellantis.com</p>
  320. <p><strong>Nathalie ROUSSEL </strong>+33 6 87 77 41 82 – nathalie.roussel@stellantis.com</p>
  321. <p>communications@stellantis.com<br />www.stellantis.com</td>
  322. <td> </td>
  323. </tr>
  324. </table>
  325. <p id="gnw_attachments_section-header">
  326.    <strong>Attachment</strong>
  327. </p>
  328. <ul id="gnw_attachments_section-items">
  329. <li>
  330.        EN-20251009-Stellantis-Q3-2025-Shipments-Revenues-Media-Advisory 1
  331.      </li>
  332. </ul>
  333. <p><img alt="" src='https://ml-eu.globenewswire.com/media/ODIwNTVhNTgtYjMwMy00ODAzLTgzZGItNDIxNGRlZDU0ZjAyLTEyMjA4NjYtMjAyNS0xMC0wOS1lbg==/tiny/STELLANTIS-N-V.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  334. ]]></content:encoded>
  338. </item>
  339. <item>
  340. <title>ECD Automotive Design Unveils First Custom Porsche Build With Spectacular New Project Gravette</title>
  341. <link>https://autoexcelsior.com/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette/54325/</link>
  343. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  344. <pubDate>Thu, 09 Oct 2025 12:05:00 +0000</pubDate>
  345. <category><![CDATA[Brand Post]]></category>
  346. <guid isPermaLink="false">https://autoexcelsior.com/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette/54325/</guid>
  347.  
  348. <description><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1707" src="https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ECD Automotive Design Unveils First Custom Porsche Build With Spectacular New Project Gravette" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-300x200.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-1024x683.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-768x512.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-1536x1024.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-2048x1365.jpg 2048w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-450x300.jpg 450w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div>Incredible Handcrafted Details and Expert Engineering Showcase the Company’s First Porsche Build with the Celebrated Nineties Era Legend Named Project Gravette KISSIMMEE, Fla., Oct. 09, 2025 (GLOBE NEWSWIRE) &#8212; ECD Automotive Design, the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford [&#8230;]]]></description>
  349. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2560" height="1707" src="https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-scaled.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ECD Automotive Design Unveils First Custom Porsche Build With Spectacular New Project Gravette" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-scaled.jpg 2560w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-300x200.jpg 300w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-1024x683.jpg 1024w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-768x512.jpg 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-1536x1024.jpg 1536w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-2048x1365.jpg 2048w, https://autoexcelsior.com/wp-content/uploads/2025/10/ecd-automotive-design-unveils-first-custom-porsche-build-with-spectacular-new-project-gravette-450x300.jpg 450w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /></div><p align="center"><img loading="lazy" decoding="async" alt="DSC04468" height="400" src="https://ml.globenewswire.com/Resource/Download/106d7917-2d97-4ff2-9f71-8f7eebfc2d6a/dsc04468.jpg" width="600" /></p>
  350. <p align="center"><strong><em>Incredible Handcrafted Details and Expert Engineering Showcase the Company’s First Porsche Build with the Celebrated Nineties Era Legend Named Project Gravette</em></strong></p>
  351. <p align="justify">KISSIMMEE, Fla., Oct.  09, 2025  (GLOBE NEWSWIRE) &#8212; ECD Automotive Design, the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, today announced the launch of its latest bespoke build and first Porsche with Project Gravette &#8211; a striking innovation of the venerated nineties era Porsche 911 (993). The spectacular new coupe thoughtfully blends timeless Porsche heritage with the modern performance, technology, and hallmark craftsmanship that ECD Automotive Design has become synonymous in the realm of luxury custom cars of all kinds.</p>
  352. <p align="justify"><u>Images</u> of Project Gravette<br /><u>Video</u> of Project Gravette</p>
  353. <p align="justify">“Project Gravette is a true celebration of Porsche’s golden era, elevated through the lens of modern performance and luxury,” said Elliot Humble, CTO of ECD Automotive Design. “We wanted to create a very special car that honors the DNA of the 993 while imbuing the build with the precision engineering and bespoke details that define all our work. Gravette is a build that perfectly captures the nostalgia and glories of the 993’s past with the innovation and craftsmanship that ECD clients want in their cars.”</p>
  354. <p align="justify">At the heart of Project Gravette is a meticulously engineered air cooled Porsche turbocharged M64 engine, delivering an estimated 500 horsepower. Paired with a heavily upgraded 6-speed manual transmission and sport exhaust system, the powertrain ensures that the bespoke crafted 993 not only looks the part, but also delivers incredibly powerful performance.</p>
  355. <p align="justify">Finished in a sleek Icy White gloss exterior with Agate Gray metallic accents, Project Gravette projects a staid, commanding presence outfitted with custom decals, a strong wide-body stance, and a bespoke rear wing. Sitting on 18-inch RS-style wheels wrapped in Michelin performance tires and paired with Brembo brakes and Bilstein sport suspension, the 993 custom is engineered for a high-powered drive that remains refined. Modern LED headlights and taillights enhance visibility while subtly updating the classic silhouette with contemporary precision.</p>
  356. <p align="justify">Inside, meticulously realized details abound throughout to allure drivers. The beautiful cockpit features Recaro Cross Sportster CS front seats wrapped in premium Hydes black leather alongside custom weave and metal grommet inserts, complemented by matching OEM-style rear seats. The seat backs, interior console, and trim pieces are painted in Agate Gray for a cohesive interior that plays well with the 993 exterior.</p>
  357. <p align="justify">A striking black suede headliner, billet silver hardware, and OEM-inspired white gauges with an original shifter help deliver an air of modern operating within the crisp classic sensibility of Porsche. Beautiful tactile finishes are found throughout the Gravette interior such as a silver billet e-brake handle, perforated pedals, and an OEM four-spoke steering wheel. Custom black seatbelts finished with white edging further underscore ECD’s obsessive commitment to craftsmanship at every touchpoint.</p>
  358. <p align="justify">State of the art technology integrates with modern-day comfort to make sure ECD clients can enjoy the best of the 993’s classic elements with no sacrifices. A floating touchscreen stereo powered by Focal premium audio, Bluetooth connectivity, a digital rearview mirror, heated seats, automatic headlights, and a full suite of power conveniences are available. Under the hood, a driver’s preferred 6-speed manual transmission for analog shifting, sport exhaust system, and finely tuned suspension ensure that the Project Gravette provides a thrilling on road experience.</p>
  359. <p align="justify">“Every component of this build, from the billet metal finishes to the custom leatherwork was designed to enhance the driving experience of this 993. Project Gravette is a special build for us in that the car is our very first ECD Porsche. After receiving so many requests from our clients to work on their Porsches, we finally acquiesced and could not be more pleased delivering Gravette,” continues Humble. “This is a driver’s car at its core, but it’s also a deeply personal piece of art that reflects the passion of our client. This vehicle presented the perfect canvas for ECD Automotive Design’s first refined vintage Porsche.”</p>
  360. <p align="justify">Expertly crafted in South Florida, Project Gravette’s eye-catching Icy White gloss colorway immediately makes its presence known on the open road, carving through Miami’s vibrant cityscapes or along sun-soaked coastlines. Every build detail exudes classic Porsche while delivering top-level comfort. ECD once again successfully pushes the boundaries of handcrafted automotive design while redefining an icon, delivering a one-of-one creation that transforms what it means to own a truly custom Porsche 911.</p>
  361. <p><strong>Project Gravette Specifications</strong></p>
  362. <p>Model — 911 (993)<br />Engine — Porsche turbocharged M64 engine<br />Transmission — 6 Speed Manual <br />Brakes — BREMBO High Performance<br />Suspension — Sport Suspension with Bilstein Components<br />Exhaust — Sport Exhaust System with OEM Dual Outlets<br />Exterior Color — Icy White with Agate Gray Metallic accents<br />Wheels — 18 Inch &#8211; RS Style (8.5 Inch Wide &#8211; Front / 11 Inch Wide &#8211; Rear)<br />Tires — 18 Inch &#8211; Michelin<br />Dash — OEM &#8211; Wrapped in Approved Black Leather<br />Seats — RECARO Front Seats &#8211; Cross Sportster CS &#8211; Wrapped in Approved Black Leather. Custom Leather Weave and Metal Grommets in Middle Inserts. Backs &amp; Seatbelt Openings Painted in Agate Grey, OEM Style Rear Seats &#8211; Wrapped in Approved Black Leather. Custom Leather Weave and Metal Grommets in Middle Inserts<br />Leather— HYDES: Vision col. NERO<br />Stitch Style — Nutmeg stitch with Honeycomb Stitching on Middle Inserts<br />Custom features — Custom Wooden Shifter, custom ECD center console with approved leather and wood paneling details, custom sapele wood Panels in Cargo Area flooring &amp; Wheel<br />Steering Wheel — OEM 4 Spoke &#8211; Airbag<br />Gauges — OEM 4 Spoke &#8211; Airbag<br />Carpet — Black<br />Radio — Touchscreen Stereo, Floating Screen <br />Subwoofer — Focal Premium Sound</p>
  363. <p>—</p>
  364. <p><strong>About ECD Automotive Design</strong><br />ECD, a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic beauty with modern performance. Currently, ECD restores Land Rovers Series, Land Rover Series IIA, the Range Rover Classic, Jaguar E-Type, Ford Mustang, Toyota FJ, and highly specialized vehicles from its Boutique Studio. Each vehicle produced by ECD is fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence (“ASE”) craftsmen. The company was founded in 2013 by three British “gear heads’ whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD’s global headquarters is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 105 talented and dedicated employees that hold combined 80 ASE and five master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit <u>www.ecdautodesign.com</u>.</p>
  365. <p align="justify"><strong>Trademark Notice</strong></p>
  366. <p>ECD is an independent company engaged in the restoration and customization of classic vehicles. ECD is not sponsored, associated, approved, endorsed, nor in any way affiliated with Porsche Cars North America, Inc., or Dr. Ing. h.c. F. Porsche AG. The Porsche® name and crest, 993® and 911® are trademarks of Dr. Ing. h.c.F. Porsche AG, and any other products mentioned are the trademarks of their respective holders. Any mention of trademarked names or other marks is for the purpose of reference only to the vehicles restored and customized.</p>
  367. <p><strong>Media Inquiries:</strong><br />Dia Stewart<br />dia@ecdautodesign.com<br />(407) 483-4825</p>
  368. <p>A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/106d7917-2d97-4ff2-9f71-8f7eebfc2d6a</p>
  369. <p><img alt="" src='https://ml.globenewswire.com/media/MjBmNzY1ODctN2U4MS00OTJkLWE3YTctY2IzM2EwZWZkMjNlLTEyMTM2NzQtMjAyNS0xMC0wOS1lbg==/tiny/E-C-D-Automotive-Design.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  370. ]]></content:encoded>
  374. </item>
  375. <item>
  376. <title>FERRARI CAPITAL MARKETS DAY TARGETING NEW HEIGHTS</title>
  377. <link>https://autoexcelsior.com/ferrari-capital-markets-day-targeting-new-heights/54327/</link>
  379. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  380. <pubDate>Thu, 09 Oct 2025 09:47:00 +0000</pubDate>
  381. <category><![CDATA[Brand Post]]></category>
  382. <guid isPermaLink="false">https://autoexcelsior.com/ferrari-capital-markets-day-targeting-new-heights/54327/</guid>
  383.  
  384. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1701" height="2364" src="https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="FERRARI CAPITAL MARKETS DAY TARGETING NEW HEIGHTS" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights.png 1701w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-216x300.png 216w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-737x1024.png 737w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-768x1067.png 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-1105x1536.png 1105w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-1474x2048.png 1474w" sizes="auto, (max-width: 1701px) 100vw, 1701px" /></div>Ferrari upgrades the 2025 guidance, exceeding the 2026 business plan’s profitability targets one year in advance Strong product mix over the plan sustains total revenues of Euro ~9.0 billion and an EBITDA of at least Euro 3.6 billion in 2030 Continuous innovation in products for the longer term, with cumulated capital expenditures of Euro ~4.7 [&#8230;]]]></description>
  385. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1701" height="2364" src="https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="FERRARI CAPITAL MARKETS DAY TARGETING NEW HEIGHTS" decoding="async" loading="lazy" srcset="https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights.png 1701w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-216x300.png 216w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-737x1024.png 737w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-768x1067.png 768w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-1105x1536.png 1105w, https://autoexcelsior.com/wp-content/uploads/2025/10/ferrari-capital-markets-day-targeting-new-heights-1474x2048.png 1474w" sizes="auto, (max-width: 1701px) 100vw, 1701px" /></div><ul type="disc">
  386. <li>Ferrari upgrades the 2025 guidance, exceeding the 2026 business plan’s profitability targets one year in advance</li>
  387. <li>Strong product mix over the plan sustains total revenues of Euro ~9.0 billion and an EBITDA of at least Euro 3.6 billion in 2030</li>
  388. <li>Continuous innovation in products for the longer term, with cumulated capital expenditures of Euro ~4.7 billion over the plan and a significant portion dedicated to the next generation of sports cars</li>
  389. <li>Robust industrial free cash flow generation of Euro ~8.0 billion over the plan and improved cash conversion to more than 50%</li>
  390. <li>Shareholders remuneration of Euro ~7.0 billion, equally allocated to a new share repurchase program and dividends, with a pay-out increased from 35% to 40% of adjusted net profit
  391. </li>
  392. </ul>
  393. <p align="justify"><strong>Maranello (Italy), October 9, 2025</strong> – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today presented, at its Capital Markets Day, the profitability targets<sup>(</sup><sup>1</sup><sup>)</sup> for the end of the decade.</p>
  394. <p align="justify">The Company is now nearing completion of its 2022–2026 business plan in full alignment with the commitments made. Indeed, Ferrari upgrades the 2025 guidance, exceeding its 2026 profitability targets one year in advance.</p>
  395. <p align="justify">In the 2030 Strategic Plan, Ferrari targets to achieve net revenues of Euro ~9.0 billion, with a compounded annual growth rate of ~5%, largely driven by Sports cars and other car-related activities, sustained by the visibility granted by the order book. Such increase in revenues is driven by the enrichment of the product mix, along with personalizations. Revenues from Racing and Lifestyle are also projected to positively contribute to the Company’s performance.</p>
  396. <p align="justify">EBIT to reach at least Euro 2.75 billion in 2030, with a margin of at least 30%, driven by the strong product mix, including limited-edition models, the enriched product range as well as personalizations. Volume is projected to positively contribute, although at a lesser extent. Industrial costs and R&amp;D will grow mainly due to depreciation and amortization linked to products and infrastructure developed, racing activities and sports cars research expenses. SG&amp;A will increase in line with revenues evolution, reflecting communication and marketing activities, lifestyle and the organizational development.</p>
  397. <p align="justify">As a result, in 2030 the Company targets an EBITDA of at least Euro 3.6 billion, with an EBITDA margin of at least 40%. Such strong profitability translates into a remarkable industrial free cash flow generation and an improved cash conversion at above 50%. Indeed, Ferrari aims to generate a cumulated industrial free cash flow of Euro ~8.0 billion over the 2026-2030 period, mostly sustained by the growing profitability, partially offset by cumulated capital expenditures of Euro ~4.7 billion and other operating changes.</p>
  398. <p align="justify">Ferrari today publishes the following financial targets:</p>
  399. <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;">
  400. <tr>
  401. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  402. <p><em>(€B, unless otherwise stated)</em></p>
  403. </td>
  404. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  405. <p><strong>2024</strong></p>
  406. </td>
  407. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  408. <p><strong>PREVIOUS</strong><br /><strong>2025</strong><br /><strong>GUIDANCE</strong></p>
  409. </td>
  410. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  411. <p><strong>REVISED UPWARD </strong><strong>2025</strong><br /><strong>GUIDANCE</strong></p>
  412. </td>
  413. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  414. <p><strong>20</strong><strong>30</strong></p>
  415. <p dir="RTL"><span dir="LTR"><strong>GUIDANCE</strong></span><sup><strong>(</strong></sup><span dir="LTR"><sup><strong>2</strong></sup></span><sup><strong>)</strong></sup></p>
  416. </td>
  417. </tr>
  418. <tr>
  419. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  420. <p><strong>NET REVENUES</strong></p>
  421. </td>
  422. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  423. <p>6.7</p>
  424. </td>
  425. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  426. <p>&gt;7.0</p>
  427. </td>
  428. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  429. <p>≥7.1</p>
  430. </td>
  431. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  432. <p>~9.0</p>
  433. </td>
  434. </tr>
  435. <tr>
  436. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  437. <p><strong>ADJ. EBITDA </strong>(margin %)</p>
  438. </td>
  439. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  440. <p>2.56 <br />38.3%</p>
  441. </td>
  442. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  443. <p>≥2.68 <br />≥38.3%</p>
  444. </td>
  445. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  446. <p>≥2.72 <br />≥38.3%</p>
  447. </td>
  448. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  449. <p>≥3.60 <br />≥40.0%</p>
  450. </td>
  451. </tr>
  452. <tr>
  453. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  454. <p><strong>ADJ. OPERATING PROFIT (EBIT) </strong>(margin %)</p>
  455. </td>
  456. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  457. <p>1.89<br />28.3%</p>
  458. </td>
  459. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  460. <p>≥2.03<br />≥29.0%</p>
  461. </td>
  462. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  463. <p>≥2.06<br />≥29.0%</p>
  464. </td>
  465. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  466. <p>≥2.75<br />≥30.0%</p>
  467. </td>
  468. </tr>
  469. <tr>
  470. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  471. <p><strong>ADJ. DILUTED EPS </strong>(€)</p>
  472. </td>
  473. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  474. <p>8.46<sup>(</sup><sup>3</sup><sup>)</sup></p>
  475. </td>
  476. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  477. <p>≥8.60<sup>(</sup><sup>3</sup><sup>)</sup></p>
  478. </td>
  479. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  480. <p>≥8.80<sup>(</sup><sup>4</sup><sup>)</sup></p>
  481. </td>
  482. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  483. <p>≥11.50<sup>(</sup><sup>4</sup><sup>)</sup></p>
  484. </td>
  485. </tr>
  486. <tr>
  487. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; ">
  488. <p><strong>INDUSTRIAL FCF</strong></p>
  489. </td>
  490. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  491. <p>1.03</p>
  492. </td>
  493. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  494. <p>≥1.20</p>
  495. </td>
  496. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  497. <p>≥1.30</p>
  498. </td>
  499. <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">
  500. <p>~8.00<br />cumulated 2026-2030</p>
  501. </td>
  502. </tr>
  503. </table>
  504. <p align="justify">The Company decided to proceed with a higher shareholder reward, resulting in the proposal to:</p>
  505. <ul type="disc">
  506. <li style="text-align:justify;">increase the dividend pay-out to 40% of adjusted net profit starting from the 2025 annual results, leading to a cumulated dividend distribution of Euro ~3.5 billion from 2027 to 2031, and</li>
  507. <li style="text-align:justify;">start a new share repurchase program of Euro ~3.5 billion to be executed from 2026 to the end of the plan, in line with the progress of industrial free cash flow generation.</li>
  508. </ul>
  509. <p><strong>Ferrari </strong></p>
  510. <p align="justify">Ferrari is one of the world’s leading luxury brands, active in racing, sports cars and lifestyle. In each of these areas, the Prancing Horse symbolises exclusivity, innovation, and cutting-edge sporting performance. Ferrari’s heritage and image worldwide are closely connected to Scuderia Ferrari, the most successful team in Formula 1 history. Since 1950, the year the World Championship started, Scuderia Ferrari has won 16 Manufacturers’ titles and 15 Drivers’ titles. From its headquarters in Maranello, Italy, Ferrari designs, engineers, and produces some of the world’s most iconic and recognisable luxury sports cars, sold in over 60 markets globally. In lifestyle, Ferrari designs and creates a range of personal luxury goods, collectables, and experiences that exemplify the brand’s refined style and passion.</p>
  511. <p><strong>Forward</strong><strong> L</strong><strong>ooking </strong><strong>S</strong><strong>tatements </strong></p>
  512. <p align="justify">This document contains forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “continue”, “on track”, “successful”, “grow”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, “guidance” and similar expressions. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Ferrari Group’s (hereinafter, the “Group”) current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: the Group’s ability to preserve and enhance the value of the Ferrari brand; the Group’s ability to attract and retain qualified personnel; the success of the Group’s racing activities; the Group’s ability to keep up with advances in high performance car technology, to meet the challenges and costs of integrating advanced technologies, including electric, more broadly into its car portfolio over time and to make appealing designs for its new models; the impact of increasingly stringent fuel economy, emissions and safety standards; the potential advent of self-driving technology; increases in costs, disruptions of supply or shortages of components and raw materials; the Group’s ability to successfully carry out its low volume and controlled growth strategy, while increasing its presence in growth market countries; changes in general economic conditions (including changes in the markets in which the Group operates) and changes in demand for luxury goods, including high performance luxury cars, which is highly volatile; macro events, pandemics and conflicts, including the ongoing conflicts in Ukraine and the Middle East region, and the related issues potentially impacting sourcing and transportation; trading policies and tariffs; competition in the luxury performance automobile industry; changes in client preferences and automotive trends; the Group’s ability to preserve the value of its cars over time and its relationship with the automobile collector and enthusiast community; disruptions at the Group’s manufacturing facilities in Maranello and Modena; climate change and other environmental impacts, as well as an increased focus of regulators and stakeholders on environmental matters; the Group’s ability to maintain the functional and efficient operation of its information technology systems and to defend from the risk of cyberattacks; the ability of its current management team to operate and manage effectively and the reliance upon a number of key members of executive management and employees; the performance of the Group’s dealer network on which the Group depends for sales and services; product warranties, product recalls and liability claims; the sponsorship and commercial revenues and expenses of the Group’s racing activities, as well as the popularity of motor sports more broadly; the performance of the Group’s lifestyle activities; the Group’s ability to protect its intellectual property rights and to avoid infringing on the intellectual property rights of others; the Group’s continued compliance with customs regulations of various jurisdictions; labor relations and collective bargaining agreements; the Group’s ability to ensure that its employees, agents and representatives comply with applicable law and regulations; changes in tax or fiscal policies and regulatory, political and labor conditions in the jurisdictions in which the Group operates; the Group’s ability to service and refinance its debt; exchange rate fluctuations, interest rate changes, credit risk and other market risks; the Group’s ability to provide or arrange for adequate access to financing for its clients and dealers, and associated risks; the adequacy of its insurance coverage to protect the Group against potential losses; potential conflicts of interest due to director and officer overlaps with the Group’s largest shareholders; and other factors discussed elsewhere in this document.</p>
  513. <p align="justify">The Group expressly disclaims and does not assume any liability in connection with any inaccuracies in any of the forward-looking statements in this document or in connection with any use by any third party of such forward-looking statements. Any forward-looking statements contained in this document speak only as of the date of this document and the Company does not undertake any obligation to update or revise publicly forward-looking statements. Further information concerning the Group and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange Commission, the AFM and CONSOB.</p>
  514. <p>For more information:</p>
  515. <p>Press Office<br />Email: <span>media@ferrari.com</span></p>
  516. <p>Investor Relations <br />Email: <span>ir@ferrari.com</span> <br />www.ferrari.com</p>
  517. <hr />
  518. <p>1         Please refer to public filings for complete notes and definitions of non-GAAP financial measures<br />2    Based on current duties and emissions regulations<br /><sup>3</sup>         Calculated using the weighted average diluted number of common shares as of December 31, 2024 (179,992 thousand)<br />4    Calculated using the weighted average diluted number of common shares as of June 30, 2025 (178,648 thousand)</p>
  519. <p id="gnw_attachments_section-header">
  520.    <strong>Attachment</strong>
  521. </p>
  522. <ul id="gnw_attachments_section-items">
  523. <li>
  524.        CS_CMD_2025_Finance_ENG
  525.      </li>
  526. </ul>
  527. <p><img alt="" src='https://ml-eu.globenewswire.com/media/NGVhYzBmYzQtYzBmNC00NTVhLTgwMDctMDVmODliYmIwNWFlLTEwMzE0OTMtMjAyNS0xMC0wOS1lbg==/tiny/Ferrari-N-V-.png' referrerpolicy='no-referrer-when-downgrade' /></p>
  528. ]]></content:encoded>
  532. </item>
  533. </channel>
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