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  Both pay cuts! Faraday's future pay cut by 25% for Bifukang Jia Yueting

  The fact that Faraday Future was accused of being an "emerging electric car scam that can't sell a car" has finally come to an end. On Tuesday, local time, Faraday announced that it had completed its previously announced investigation into allegations of inaccurate disclosure, according to media reports. The findings showed that other substantive allegations of inaccurate disclosure assessed by the Special Committee, including those in the short sellers' report, were not supported by the review evidence. In addition, the Special Committee did find some inconsistencies in its statements to investors and some weaknesses in corporate control and culture.

  Faraday 2022-02-02
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  Faraday will announce the completion of the installation of the quasi-production line in the future.

  FF has started construction of the Hanford plant since its launch in July and has completed the installation of a production line to support quasi-production, Faraday said in a Weibo post on October 15. With the progress made by Hanford's manufacturing and operations team, and with the support of FF suppliers, FF91's delivery target will be met on time in July 2022. Dr. Bifukang, CEO of FF Global, said, "We will continue to make innovative changes to the production process and are very confident that the futuristic version of FF 91 with strong product power will be delivered on time and in high quality next year." According to the picture.

  The future of Faraday 2021-10-16
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  Jia Yueting said FF91 voted to beat the three luxury cars.

  Jia Yueting posted on Weibo on September 21 that FF 91 won the first place after dozens of real users, investors and FPO, beating the three luxury cars Mercedes-Benz S Maybach, Rolls-Royce Curinan and Lamborghini bison. In addition, it also said that at 919 Futurist Day, hundreds of Futurists witnessed the FF 91 Futurist one-on-one global ultra-luxury pinnacle car competition, which is not only the ultimate match between the smart technology luxury FF 91 Futurist and the traditional super luxury strong.

  Jia Yueting 2021-09-22
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  Faraday's first flagship brand experience center is here in the future!

  Today, Faraday Future official said through the Weibo platform that FF opened its first flagship brand experience center in Beverly Hills, California, and chose ASTOUNDGroup to be responsible for implementing the design direction of the brand experience center. At the same time, it also said that this is FF to achieve the delivery of flagship electric.

  Faraday Faraday flagship experience brand electric official user loss sales company will be in market year car 2022-05-19
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  Faraday Future: we are on the right track! FF91 launched in the third quarter

  Today, Faraday Future Weibo released a video about Dr. Faraday Future CEO Bifukang leading a team at the Hanford factory to learn about the latest progress of FF 91. The video mentioned: the FF 91 project is proceeding as planned, the testing and verification work is going on as scheduled, and we have

  Faraday Faraday Company booking Nass Duck Global cars orders funds models NASDAQ losses will be reported 2022-05-04
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  Faraday FF has started the China program before mass production in the United States.

  According to relevant media reports, Carsten Breitfeld, the chief executive of FF, who has been in office for four months, arrived in China a few days ago and gave an interview to the media in Beijing. He said that the priority of this trip is to find a partner in China, hoping to achieve mass production of FF 91 in China.

  Faraday FF 2019-12-31
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  The price is more than $200000! FF91 will be delivered in September next year.

  According to relevant media, Faraday's future new CEO, Bi Fukang, said in an interview at FF headquarters in Los Angeles that the first electric car, FF91, is scheduled to be delivered in September next year. Bi Fukang said that the price of its first model, the FF91, will be more than $200000. Because it is positioned as an ultra-high-end luxury car, the initial models will be built by hand, and it will face Binbin Tian Yue in the future. In addition, because the model is located in the ultra-high-end market, his first delivery will not be very large. In an interview with the media, Bi Fukang also said that Jia Yueting has no longer participated in the public service since he stepped down as CEO.

  FF91 $200000 against Bentley delivery Faraday Bifukang 2019-09-20
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  It is exposed that the reason for Bi Fukang's departure is that all expenses of Baiteng shall be approved by FAW.

  According to the US technology media "The Verge", Bi Fukang, the current CEO of FF and former chairman of Baiteng, revealed the "underlying reasons" for resigning as chairman of Baiteng at a media event held at FF's headquarters in Los Angeles. Bi Fukang, known as the father of BMW i8, started his own business after BMW resigned. In 2016, Bi Fukang joined FMC, a new car company, along with Dai Lei, who also worked at BMW. At that time, Foxconn and Tencent were investors in FMC. However, due to various reasons, Tencent and Foxconn withdrew one after another, Bifukang and Dai Lei had no choice.

  Bi Fukang leaving Baiteng FAW 2019-09-23
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  Lose 3 billion dollars! Faraday Future Q1 Financial report announced

  Today, Faraday Future announced its financial results for the first quarter of 2022 through its official Wechat account. According to disclosed financial data, as of March 31, 2022, the company's operating loss was about $149 million.

  Loss Market Faraday Farah Company Automobile Operation Finance Model performance official year of the year Deposit USA sales 2022-05-24
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  Raise another 4 billion! Actual shooting of FF sun factory: production facilities are in place

  The question of when the FF91, the first model of Faraday, the electric car company founded by Jia Yueting, will be mass produced has always been the focus of the industry. Yesterday, Faraday's major shareholders FF Top Holding LLC (FF Top) and FFIE financed convertible term loans.

  Faraday Faraday capital problems losses companies cash models factories people RMB manufacturing electric production ten thousand units 2022-08-03
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  Jia Yueting's Faraday Future will be listed as soon as possible to raise funds for mass production of FF91.

  FaradayFuture (FF), an American car company controlled by founder Jia Yueting, has failed to achieve mass production after many ticket jumps. After Jia Yueting's personal bankruptcy restructuring plan officially came into effect, the obstacles to equity financing, IPO projects and access to the Chinese market were removed, and the obstacles for FF to seek financing in the market were temporarily resolved. Recently, Faraday revealed the news of the listing again in the future, saying that the company hopes to raise $800 million to $850 million to launch FF 91. According to media sources, Faraday future CEO Bi Fukang said that Faraday plans to work with a special company in the future.

  Jia Yueting FF 2020-10-06
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  Less than three months after listing, FF's share price has nearly halved.

  On the morning of July 22nd, Faraday Future officially listed on the NASDAQ Stock Exchange and held a bell-ringing ceremony to begin official public trading under the stock symbol "FFIE." FFIE's offering price was $13.78 and barely closed 1.45% higher on the first day, closing at $13.98, with a total market capitalization of $4.535 billion. However, FF's share price has nearly halved less than three months after its listing. FF shares fell 4.17% to $8.05 as of Oct. 8, down 41.58% from their offering price of $13.78.

  The future of Faraday 2021-10-11
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  Jia Yueting's bankruptcy reorganization was forced to be postponed, and only 20% of the creditors agreed to the bankruptcy plan.

  On October 11, Jia Yueting submitted a monthly document on personal bankruptcy reorganization to the Delaware bankruptcy court. According to Jia Yueting's bankruptcy plan, creditors are required to vote on November 8, 2019 whether to agree to the bankruptcy plan. If 90% of the creditors agree, the bankruptcy reorganization will be carried out in accordance with the current plan. Recently, according to documents released by the Delaware bankruptcy court, only 23% of the creditors agree with Jia Yueting's bankruptcy reorganization plan, so Jia Yueting needs to withdraw the bankruptcy plan currently submitted and postpone the voting period. Jia Yueting can continue to modify the bankruptcy plan, and the court will hold a hearing on December 18.

  Jia Yueting goes bankrupt 2019-11-10
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  FF: the new senior joined Faraday in the future, and the FF91 interior will be shown for the first time next week

  Benedict Hartman, a former BMW executive, and Bob Kruse, a former Karma and chief technology officer of Qoros Motor, will join Faraday Future, according to an announcement on the website of Faraday Future (FF). According to the official website announcement, Bob Kruse will join FF this month as vice president of product execution (engineering and manufacturing). According to reports, before joining FF, Bob had more than 30 years of professional experience in General Motors and start-ups, and served as the chief technology officer of Karma and Qoros. After entering FF...

  The future of Faraday 2019-11-15
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  Jia Yueting's limited edition FF 91 has been sold out, but the share price has halved.

  Recently, there has been a lot of news about Jia Yueting's FF car. On September 1, Faraday officially announced personnel appointments in the future. Matt Tall, the new vice president of manufacturing, will be fully responsible for leading the production of Faraday Future, especially the mass production of FF 91. Liu Yuchao, the new senior vice president of China supply chain, will be in charge of FF China supply chain. As early as Aug. 30, according to Faraday Future's filing with the Securities and Exchange Commission (SEC), BNP Paribas's energy transformation fund invested in FF on behalf of BNP Paribas Asset Management.

  FF 91 2021-09-02
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  Jia Yueting: if I return to China, I will work for the creditors! Netizen: is it not easy to mix in the United States?

  Jia Yueting wrote to more than 100 creditors on November 11, saying that he was the first person in charge of Letv's ecological failure, resulting in the debt could not be repaid in time and would be in closer contact with the creditors in the future. "during his two years in the United States, paying off debts and returning home and turning FF into a business are his two major tasks." According to Jia Yueting's letter, he has repaid more than $3 billion in debt and about $3.6 billion in outstanding debt, minus the secured debt that has frozen domestic assets to be disposed of and convertible, with a net debt of about $2 billion. Jia Yueting also said in the letter that compared with the default bankruptcy liquidation, although bankruptcy restructuring is difficult.

  Jia Yueting bankruptcy reorganization 2019-11-11
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  Mass production is a mystery, FF triggers fuse

  Faraday's future share price triggered a circuit breaker at 09:38 EDT, falling 36.95%, before resuming trading at 09:43. As of the close of the day, Faraday's future shares fell 23.75% to close at $2.60, with a total market capitalization of $786 million. According to the Tramway report

  Faraday Faraday cars companies models Stock prices USA Market loss Trading production founder Capital Xu Family Cooperation 2022-07-23
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  Unable to deliver on time! Faraday's future FF91 production delivery will be delayed again.

  Today, according to media reports: Faraday said in a document on July 25 that the FF91 Electric SUV, which was originally scheduled to launch this month, was postponed to the third or fourth quarter of quot;2022-quot; delivery. The company also said it needed additional cash to commercialize FF 91.

  Farad Faraday Capital loss car Company four Seasons problem USA Factory Market year time Cash car Model 2022-07-26
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  Jia Yueting FF Company was shorted: being accused of not selling a car was a hoax

  J Capital Research, an American short seller, released a 28-page short selling report on FF on Oct. 7, saying that through site visits, analysis of FF's financial data and technical capabilities, R & D investment, and combined with a series of post-IPO capital operations, it said bluntly that it did not think FF could sell even a car. At the same time, the report also pointed out that FF broke its promise to build plants in five places in the United States and China, but repeatedly delayed the construction of a sixth plant. The agency said it visited FF's Hanford, California, USA three times from August to September.

  Jia Yueting FF 2021-10-08
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  Jia Yueting FF91 production workshop was exposed, netizens: unexpectedly hand-assembled

  Jia Yueting is a character who is very easy to stir up people's nerves. It has been three years since he turned around to start a car-building business in the United States, and Jia Yueting is still looking around for funds to complete mass production of the new FF 91 car. Recently, Jia Yueting also said: FF 91 is only one foot away from delivery. FF's official Weibo recently released videos of the assembly and production of "FF 91 pre-production cars" and said the new car project is continuing. How the FF 91 pre-production car is assembled and produced, and the environment of the car factory, can be seen from the video pictures provided by the government. Jia Yueting's FF has been established for many years.

  Jia Yueting FF91 2020-12-04