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  Keep on building a car dream! Faraday will lose 3.8 billion yuan in the next 2022.

  Today, Faraday Future Weibo released its fourth quarter and full-year results for 2022, according to relevant data: the net loss of FF in the fourth quarter of 2022 was $153.9 million, compared with $84.3 million in the same period in 2021, an increase of $69.6 million. The cause of the loss

  Faraday Faraday loss Cash four Seasons official year Fair value Bill supply Reserve as of full year Company 2023-03-09
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  Li Bin: don't build a car without "40 billion"

  Recently, Li Bin of Xilai Automobile said in an interview with the media: "car building requires a reserve capital threshold. I said 20 billion a few years ago, but now it may not be possible to do it without 40 billion." "I think the threshold of the automobile industry is much higher than we thought, and today may be different from that of a few years ago," Li Bin said. At this point in time today, I think the threshold for investment in research and development, service system and infrastructure has actually become higher. " In Li Bin's view, the high investment in the automobile industry is not only in terms of fixed assets, but also in R & D and service system. For the saying that it takes 40 billion to build a car today, Li Bin.

  Wei Lai Xiaomi 2021-12-25
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  Profits have declined for two years in a row, and Changan Mazda has listed shares to raise funds.

  It is learned from the Beijing property right Exchange that the capital increase project of Changan Mazda Automobile Co., Ltd. has been officially disclosed. According to the project announcement, after the completion of the capital increase project of Changan Mazda Automobile Co., Ltd., the shares held by the new investors shall not exceed 5% (inclusive), and the total shareholding proportion of the original shareholders shall not be less than 95% (inclusive); the proposed new registered capital is 5.8404 million US dollars, and all the funds raised in excess of the new registered capital shall be included in the capital reserve and shall be shared by both new and old shareholders according to the proportion of their shareholdings. The purpose of raising funds is to "improve business quality, improve and optimize industrial layout, and enhance the competitiveness of enterprises." In view of this capital increase.

  Mazda 2021-06-22
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  Last resort? It was revealed that Xiaomi was in talks with BAIC to build a car.

  According to media reports citing people familiar with the matter, Xiaomi Group is discussing cooperation with BAIC in the production of electric vehicles, and the two companies are currently studying different options, including Xiaomi's purchase of a stake in Beijing Hyundai No.2 Plant, which holds a license to produce cars in China, as Xiaomi currently has a license to produce cars independently.

  Xiaomi Automobile Company Group Limited Business Lei Jun Beijing Enterprise Technology Investment Fund Mobile phone Co. Ltd. Cash 2022-08-27
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  Lack of money! Further postponement of Faraday's future FF91 delivery

  On April 13th, Faraday issued a notice in Business Wire in the United States that the delivery of its first model will be delayed. The circular pointed out that some suppliers informed the company that the company's time requirements could not be met, so the start delivery time and three phases of FF 91 vehicles were updated.

  Faraday Faraday capital stage loss vehicle time model company official or shortage full price market 2023-04-14
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  The reserve price for the transfer of 73.7% shares of the subsidiary of FAW is 695 million yuan.

  China first Automobile Co., Ltd. will list and transfer a total of 73.70 percent of its subsidiary, Machinery Industry Ninth Design and Research Institute Co., Ltd., with a base price of 695.1807 million yuan and the expiration date of information disclosure, according to domestic media reports. Machinery Industry Ninth Design and Research Institute Co., Ltd. was established in 1987, FAW 100% holding company, the main business scope is engineering design, is a well-known planning and design company in the domestic automobile industry. He has participated in the planning of China's first automobile factory, second automobile factory, Beijing automobile factory, Nanjing automobile factory and Jinan automobile factory.

  FAW subsidiary company 2019-08-15
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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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  GAC listed to sell shares in its subsidiaries, and co-founded cars may take over.

  Recently, GAC GROUP announced that GAC MOTOR Co., Ltd., a wholly-owned subsidiary (hereinafter referred to as "GAC MOTOR"), will transfer its 49% stake in GAC MOTOR (Hangzhou) Co., Ltd., a wholly-owned subsidiary, through the Guangzhou property Exchange. The reserve price of the public listing transaction shall be no less than 1.2388083 billion yuan (subject to the results of the archived evaluation report) as the basis. At the same time, GAC MOTOR (including related parties) will transfer the 246.0322 million yuan held by GAC MOTOR (Hangzhou) Co., Ltd. by agreement.

  Hechuang Automobile 2021-11-16
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  The FF 91, which is limited to 300units worldwide, has been sold out.

  The Futurist Alliance version of FF 91, which is limited to 300 units worldwide, has been sold out, according to Faraday Future's website. It is understood that FF 91 announced that it will start booking on July 22, with a priority reservation amount of 50,000 yuan. The exact price of the "futurist alliance" version of FF 91 has not been officially announced. It has been reported that the "futurist alliance version" of FF 91 sells for $280000 in the United States and about 2.8 million yuan in China. FF officials said they would not comment. On the evening of July 22, Farah.

  FF 91 2021-07-26
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  The advance price starts from 320000, and the reservation is made in V09.

  On Sept. 10, Hechuang V09 officially opened its reservation with a pre-sale price of 320000-460000. It is understood that the joint venture V09 positioning of medium-and large-scale MPV, using 2-2-7-style 7-seat layout, provides black orange theme, shallow jade theme, obsidian theme three kinds of interior color matching, the new car will be officially launched on October 13 and

  New energy market car sales new car model brand aspect theme size opportunity not Buick electric battery life 2023-09-10
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  Three American auto giants join forces with UAW to set up an emergency task force

  As the COVID-19 epidemic spread to the world, the United States, which once "bearish" the epidemic, officially held a media meeting on March 13 to declare that it would enter a "state of national emergency." At the same time, the US federal government will also launch $50 billion as an emergency reserve fund.

  Automobile 2020-03-16
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  Lifan's account is frozen and unable to repay its debts, and its financial situation is worrying.

  Sales decline, performance losses, factory shutdown, deep debt, Lifan suffered the biggest crisis in history. On December 17, Lifan shares announced that the company used 449 million yuan of idle funds raised by the previous non-public offering shares to temporarily replenish 10 million yuan of the working capital on December 17, 2019. Because the special account of raising funds opened by the company related to the previous non-public offering shares has all been frozen, in order to ensure the safety of the company's funds, it is temporarily unable to return to the raising fund account. In addition, Lifan due to financial constraints, part of the funds raised before has not yet been bad, delinquent so far. In the announcement, Lifan said.

  Lifan 2019-12-18
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  FF is exposed to architecture governance! Jia Yueting set up a personal debt repayment trust to solve the debt problem.

  Jia Yueting, founder and CEO of FaradayFuture, is transforming FF's existing top governance structure by introducing a partnership system and handing over top governance to a "partner committee", according to people close to Faraday's future. At the same time, Jia Yueting will also set up a personal debt repayment trust fund as a domestic debt repayment fund. In June 2018, Evergrande formally reached a cooperation with Evergrande, and Evergrande became the largest shareholder of FF. The two sides then parted ways at the end of 2018 because of equity issues. Since January 1 this year, FF and Evergrande score, FF admitted in the funding side.

  Jia Yueting 2019-08-26
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  The listing of Xilai Motor in Hong Kong may be postponed to next year

  According to Bloomberg, the listing of Xilai Motor in Hong Kong may be postponed until next year. According to people familiar with the matter, it is "unlikely to land on the Hong Kong Stock Exchange" before 2022, mainly because it was questioned about its structure by the Hong Kong Stock Exchange. the inquiry included a user trust fund set up by the company in 2019. It is understood that in 2018, Weilai went to the New York Stock Exchange and listed on the New York Stock Exchange. Li Bin, CEO of Lailai, said in an open letter that after long consideration, he would transfer 1/3 of his shares, that is, 50 million shares, to the trust fund.

  NextEV 2021-09-10
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  Ideal car needs to raise funds to expand its "product formation" and apply for the placement of 47 million shares of ADS

  For listed companies, it is also a general operation to rationally issue shares when they need more funds. A few days ago, ideal Motor (LI.US) announced plans to issue 47 million units of new ADS shares, with a total issue of about $1.6 billion.

  Ideal car 2020-12-03
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  The cash flow of a new force in car building can only last until the second quarter of next year.

  On May 8th, Lucid, the new force of American car building, announced its results for the first quarter of 2023. According to the financial report, the revenue in the first quarter was 149.4 million US dollars. Although the revenue in the first quarter increased compared with the same period last year, it was lower than the earlier market expectation of 197.8 million US dollars.

  Market Tesse Tesla China model power capital loss company vice president cost income car sales USA 2023-05-10
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  I can't get paid! The president of Aichi has been forced into the palace.

  Wages in arrears, social security payments, Aichi car has been "unable to open the pot." On May 25, a reporter from the International Finance News exclusively obtained information from Aichi's internal communication group, showing that middle and high-level employees headed by Chief Financial Officer Wu Lei launched a "forced palace" to President Fu Qiang on the examination and approval of social security provident fund. Group chat information shows that wealth

  Car employee social security pay salary market company reserve provident fund president information power finance sales Weimar 2023-05-27
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  FF reported a loss in the first quarter. Official: FF91 delivery at the end of May

  Today, Faraday will announce its results for the first quarter of 2023. According to the financial report, FF's first-quarter net income was $6.5 million and its quarterly loss was $153.1 million. Operating expenditure in the first quarter was $83 million, down from $149 million in the same period last year.

  Stages vehicles funds Faraday Faraday official testing financing losses success markets aspects users problems activities 2023-05-12
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  All of a sudden! A new force is collectively asked for wages by employees.

  On June 27, there was a letter entitled "call for Justice!" The long article that nearly 2000 families ask Aichi for a collective salary has spread on the Internet. The long letter, which begins with a letter to Aichi's shareholders and senior managers, points out that nearly 2000 Aichi employees have been in arrears for more than three months, and their related demands.

  Car salary employee company sales social security office capital problem reserve provident fund delay product headquarters time 2023-06-27
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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