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  Jia Yueting got into another lawsuit, and FF was faced with a supplier lawsuit to claim 500 million yuan in arrears.

  After leaving Evergrande Xu Jiayin, falling into the predicament of the capital chain and the slow progress of the factory, Jia Yueting seldom has other latest topics in front of us, but recently, foreign media have once again revealed that FF (Faraday Future Electric car Company) controlled by Jia Yueting is facing litigation claims. According to foreign media sources, suppliers and contractors have filed 11 new lawsuits against FF, requiring it to pay nearly $80 million (about 536 million yuan) in arrears, compensation and other related costs, accusing FF of breach of contract. FF, who has been short of money, has earlier been asked by suppliers to perform the contract for claims until Evergrande Capital.

  Jia Yueting 2019-03-02
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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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  You can be capricious if you have money! Evergrande "changing lanes and overtaking" invested 45 billion yuan in three years in advance.

  On November 12, Evergrande New Energy held what is known as the largest global strategic partnership summit in the history of Evergrande Group. Xu Jiayin described the goal, planning, positioning and strategy of Evergrande New Energy vehicles. At the summit, Evergrande New Energy announced the signing of cooperation with Bosch, mainland, Delphi, Hitachi, Lear, Hyundai Mobis and other well-known enterprises. With regard to the development and positioning of Evergrande New Energy, Xu Jiayin has also publicly stated that he wants to become the largest and most powerful new energy vehicle group in the world in 3-5 years. However, Xu Jiayin also said frankly that Evergrande was engaged in real estate before, and there were no important people in car building.

  Evergrande Group 2019-11-13
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  FF91 mass production shelved or for lack of funds, when will Jia Yueting's dream of building a car come true?

  On July 28th, FF's official Weibo posted a message saying that FF91 had unveiled at the Car and Coffice luxury car show. Later, it was exposed by netizens that the luxury car show mentioned by FF is actually a car friends' meeting without a threshold, as long as they can participate after the Car and Coffice application is successful. As can be seen from the pictures released by FF, the supercars next to FF91 are Lamborghini, Ferrari and other supercars, in which FF91 is particularly conspicuous and out of place. FF91 was released in early 2017, and FF received investment from Evergrande Xu Jiayin at the end of 2017.

  Lack of funds FF91 mass production indefinite mass production 2019-08-11
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  Xu Jiayin car is here, and the first mass production car built by Evergrande is off the line.

  On June 29, the Evergrande New Energy Automobile Group, built by Xu Jiayin, ushered in the first mass-produced car, and Evergrande Guoneng 93 model came off the line at the Tianjin factory. The car is familiar and classic from the inside out because it follows the design of the Saab car that has been out of production for many years, but it is a pure electric model. Evergrande Guoneng 93 is a pure electric model built by NEVS based on Sweden's SAAB Phoenix E platform and Saab technology. It was developed before Evergrande took over, and both Sweden and Tianjin have production bases. In 2012, NEVS bought the core of Sweden's Saab, a 75-year-old European automaker.

  2019-06-29
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  Investment in Jia Yueting FF "lost", Evergrande New Energy vehicle is expected to lose 1.7 billion yuan

  A few days ago, Evergrande Health announced that the group recorded a net loss of about 1.4 billion yuan as of 2018. It was also explained that the Group's new energy vehicle segment is expected to record a net loss of about 1.7 billion yuan in 2018, as the Group undertook the 2018 investment Smart King Ltd through equity accounting. After that, it recorded losses and had to bear the relevant loan interest expenses and other expenses. The marriage between Evergrande and Jia Yueting lasted only a year, and eventually the two sides broke up unhappily. On June 25, 2018, Evergrande bought Hong Kong Shiying Company for HK $6.746 billion.

  2019-03-07
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  With a capital injection of 4 billion, Jia Yueting FF set up a joint venture with City 9 to produce luxury electric cars in China.

  Jia Yueting FF finally welcomed new investors to speed up the production of electric cars in China. Recently, Zhu Jun, chairman of the ninth city, has had many contacts with Jia Yueting and visited the office of FF's US headquarters with a number of investment bankers. In the latest news today, Zhu Jun and Jia Yueting officially joined hands to confirm the formation of a joint venture company, with the ninth city planning to inject up to US $600 million (about 4 billion yuan). On March 25, Internet company Ninth City announced that it had signed an agreement with Faraday Future through its subsidiaries to set up a joint venture to manufacture, market and operate electric cars in China. The agreement also reveals the cooperation between the two sides.

  Electric vehicle establishment electric Jia Yueting joint venture company 2019-03-25
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  Jia Yueting's FF is yellow? The official release of the final news, the factory internal picture exposed

  Jia Yueting's Faraday Future (Faraday Future) has been shelved because of a lack of funds and is trying to seek financing from new investors. FF, which has not had news for a long time, officially released a news today that FF 91 was unveiled at the Car and Coffee luxury car show, alongside Ferrari, Lamborghini and other sports cars. On April 30, FF announced that it had received $225 million in debt and trust financing led by Birch Lake, an American commercial bank. Houlihan Lokey, an independent valuation adviser, confirmed.

  Release Jia Yueting official finally 2019-07-28
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  The construction project of Mogan Mountain of Letv is ruined, Jia Yueting is still not separated from the problem of capital chain.

  Mogan Mountain industrial land acquired by Letv Ecological Automobile (Zhejiang) Co., Ltd. for 420 million yuan has been recovered, and Deqing Qihang Construction and Development Co., Ltd., a 20% shareholder, has also withdrawn from the operating entity of the project, the Deqing County Natural Resources and Planning Bureau of Deqing County, Zhejiang Province, said to the public.

  Letv automobile 2019-11-29
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  Car building twists and turns! FF executives subpoenaed by US SEC

  On Thursday, local time, Faraday Futures, a US electric car company, acknowledged in a regulatory filing with the US Securities Commission (SEC) that some members of the company's management team and employees had received security notices and subpoenas from SEC staff in the United States. The reason for the investigation is that Faraday Future is suspected of releasing inaccurate information to investors. Faraday said in the future that he had previously taken the initiative to contact the US Securities and Exchange Commission on the special committee's investigation and is now fully cooperating with the US Securities and Exchange Commission's investigation. In addition, Faraday said in the future that due to delays caused by internal investigations, it is not expected to meet the deadline.

  Jia Yueting 2022-04-01
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  Sudden! Jia Yueting was relieved of Faraday's future executive post.

  On April 14, according to documents issued by the Securities and Exchange Commission, the board of directors of FF adjusted the position of Jia Yueting, founder of FF. Jia Yueting will no longer serve as executive officer, but will retain his post of chief product officer, focusing on products and mobile ecosystems and the Internet, artificial intelligence and advanced research and development technologies. Earlier, according to documents disclosed by FF on SEC, some of the company's management and employees had received security notices and subpoenas from SEC, which showed that SEC had begun a formal investigation into the matter investigated by the special committee. FF said he had previously taken the initiative to contact SEC about the special committee's investigation.

  Jia Yueting 2022-04-15
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  Interesting! Jia Yueting becomes the owner of FF91.

  Faraday future FF 91 model ushered in a new delivery again! Interestingly, the owner of this delivery is none other than Jia Yueting, the future founder of Faraday. On October 5th, Faraday Future officials said that this Sunday, FF will hold the first "delivery Co-creation Day" in October to launch the company

  Faraday Faraday Company Product Co-creation USA Automobile user founder Director Capital Model Music experience Development 2023-10-07
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  Jia Yueting: fully promote the delivery of FF 91 Futurist

  Recently, the fact that FF China headquarters will be located in Huanggang City has sparked a heated discussion on the Internet. On January 18, Faraday Future officially announced that it had signed a strategic cooperation agreement with Huanggang City. Huanggang Municipal Government will actively assist FF in its industrial layout in Huanggang City, and FF China headquarters will also be moved to Huanggang City. Yesterday

  Faraday Faraday Huanggang Cooperation Company shareholder Director Board of Directors Capital Huanggang City loss Product Global founder partner 2023-01-20
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  Letv's first SUV was finally exposed, and Jia Yueting secretly built the model.

  At the end of 2014, two new forces of Internet car making in China were set up at the same time. One was founded by Li Bin and other Internet companies and entrepreneurs. So far, two mass production models have been launched, with a total delivery of more than 23000 models. Lulai Motor is also listed on the New York Stock Exchange in the United States. The other is the Letv supercar, dominated by Jia Yueting, which attracted a lot of attention because of Jia Yueting's feelings of building cars, drew cakes everywhere, and was gradually forgotten and shut down after Jia Yueting left FF in the United States. Letv LeSEE concept car was unveiled in April 2016 under the auspices of Jia Yueting, and then plans to invest 20 billion yuan.

  Letv automobile 2019-10-20
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  4 mysterious people! Sell 44.1 million shares of Jia Yueting Brothers Leeco. Com.

  On September 12, the 141 million shares held by the Jia Yueting brothers ended their public auction. It is understood that 141 million Leeco shares were divided into eight tenders, of which four were successfully auctioned for 44.1 million shares, with a corresponding price of 82.9521 million yuan. A total of 96.59 million shares of the remaining four equity targets have been declared unsuccessful. According to the ruling of the third Intermediate people's Court of Beijing, the applicants involved in the auction include Minsheng Trust, Ping an Bank, Guotai Junan and Huafu Securities. The details of the auction are as follows. Jia Yueting holds about 120 million Leeco shares, which are divided into six targets for auction. Among them, 2.

  Leeco stock 2021-09-13
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  Jia Yueting's FF again exposed layoffs, and FF91 production became the biggest problem.

  According to foreign media reports, American electric car startup RIVIAN recruited more than 750 employees from Tesla and Ford, including a large number of employees from Jia Yueting's Faraday Future (FF). Data show that at least 50 FF members have moved to RIVIAN, most of whom have experience in battery and electric traditional systems. According to the survey, this is not the first time that FF has made large-scale layoffs. News of FF layoffs began as early as October last year, which is believed to be partly due to recent tight chains in the company. ...

  2019-07-06
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  2019 Hurun Rich list Automotive Industry: Li Shufu takes the lead, he Xiaopeng soars, Li Bin is lonely

  It was learned online that Lexus, together with Hurun Research Institute, released the 2019 Hurun Rich list. According to the list, a total of 66 auto entrepreneurs, including Geely Li Shufu, BYD Wang Chuanfu, Xiaopeng he Xiaopeng, Great Wall Wei Jianjun, Weilai Li Bin, Faraday Future Jia Yueting, etc., have entered into the Hurun 2 billion yuan rich list, which covers complete vehicles, parts, dealers, suppliers and other related industries. At the same time, under the pull of the current new energy automobile industry, more than 40 lithium entrepreneurs are strongly shortlisted. In the automobile industry, there are three entrepreneurs worth more than 100 billion yuan, namely Li Shufu and Xu Jiayin.

  2019 Hurun Rich list 2019-10-11
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  Jia Yueting's FF will be investigated by American law firm again or face lawsuit.

  Only four months after listing, the future FF of Faraday under Jia Yueting has been full of twists and turns. The latest news today shows that Faraday will be investigated by American law firm or face litigation in the future. Law firm Block & Leviton is investigating whether Jia Yueting's Faraday has violated US securities laws and regulations in the future and may file a lawsuit to help investors who have suffered financial losses as a result of buying its shares, according to several media reports. On November 24 this year, Faraday released news that the company had received a warning letter from Nasdaq that it had failed to submit its Q3 financial report for 2021 on time.

  The future of Faraday 2021-12-02
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  Suffocate for the dream! FF 91 has been mass-produced after 6 years.

  On April 15th, Faraday Future announced the completion of its first production car, the FF 91 Futurist, and the launch of the FF ieFactory production line in Hanford, California. It has passed since the first Faraday model was unveiled in the future.

  Stage company Faraday brand product outside world car luxury market but model global full value time 2023-04-16
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  Bi Fukang FF Global CEO was removed!

  On November 29th, Faraday Future announced that the board of directors has appointed FF China CEO Chen Xuefeng as FF Global CEO, effective immediately. FF said that Chen Xuefeng's first task is to make every effort to achieve mass production delivery of FF 91 to shareholders, investors, global partners,

  Company Director Global Board of Directors Xuefeng Faraday Farad time Automobile USA loss restructuring China watch announcement again 2022-11-29