∗Faraday Future Archives

Faraday Future to Relocate China Headquarters as Financial Troubles Persist

Faraday Future, a California-based smart electric mobility firm, on January 18 announced that it has reached a non-binding cooperative framework agreement with the city of Huanggang in China's Hubei Province, intended to promote its US-China dual-home market strategy.

Faraday Future Announces New Executive and Funding Following 25% Pay Cut

Faraday Future, a California-based electric vehicle maker, on October 26 announced the appointment of Yun Han as Chief Accounting Officer and interim Chief Financial Officer, as well as new financing progress from an affiliate of ATW Partners LLC.

Faraday Future Employees Decry Bankruptcy Efforts by “Malicious Board Members”

Employee whistleblowers at California-based electric vehicle maker Faraday Future have claimed that four "unqualified" directors are plotting to force the company into bankruptcy, according to a petition Pandaily received from a firm shareholder.

Faraday Future Dismisses Jia Yueting as Executive Officer

Beleaguered electric vehicle startup Faraday Future has taken further disciplinary actions recently, including the removal of founder Jia Yueting as an executive officer.

Nasdaq: EV Firm Faraday Future Noncompliant With Listing Rules

California-based EV startup Faraday Future received a notice from the Nasdaq Stock Exchange on April 4, claiming that its delay in submitting a 2021 financial report (10-K form) violated terms for listing.

Several Faraday Future Executives Summoned by SEC

The US Securities and Exchange Commission (SEC) disclosed on Thursday that several senior executives of Faraday Future (FF), an electric vehicle company, were summoned by the SEC.

Only 300 of Faraday Future’s 14,000 EV Pre-Orders Have Paid Deposits

California-based electric vehicle (EV) firm Faraday Future (FF) has recently released data regarding pre-orders for its FF 91 model, showing a total of just 300 units backed by a paid deposit.

Faraday Future Announces Completion of Investigation, Co-founder Takes 25% Salary Cut

Faraday Future today announced the results of an internal investigation in regards to earlier charges of "inaccurate disclosures" filed by short seller J Capital Research.

Former LeEco Building Auctioned for $90 Million

The former LeEco headquarter Lerong Building (previously known as LeTV Building) started auction on Tuesday, with only one bidder, Beijing Hengying Property Management Co., Ltd.

Faraday Future Receives Delisting Warning from Nasdaq, Asked to Submit Compliance Plan within 60 Days

Faraday Future (FF) said on Tuesday that it had received a delisting warning letter from The Nasdaq Stock Exchange dated November 17.

Faraday Future Delays Q3 Earnings Filing While Investigating Claims of Inaccurate Disclosures

EV startup Faraday Future said in a filing on Monday that it is delaying its third-quarter financial report in order to complete an investigation into “allegations of inaccurate disclosures.”

EV Company Faraday Future Denies Rumors of China Headquarters in Hubei

Faraday Future (FF), an American EV supplier, denied the rumor that it would have its China headquarters and new car project settled in Hubei Province.

Short-Selling Agency Releases 28-Page Report Questioning FF’s Carmaking

J Capital Research Limited, an American short-selling agency, on October 7 released a report on new energy vehicle company Faraday Future (FF).

FF Announces Progress with Geely, Company to Open Flagship Stores in Beijing, Shanghai, Guangzhou and Shenzhen

FF announced on September 19th that a substantial progress has been achieved in its cooperation with Geely Holdings and the both sides has completed the first stage of technical cooperation.

Faraday Future to Host Annual 919 Futurist Day and Announce Progress of FF 91 Production and Delivery

Los Angeles-based EV startup Faraday Future on Wednesday announced that the annual 919 Futurist Day will be held on September 19.

FF 91 Completes Longest Road-Test Among the Global Ultra-Luxury EV Class

Faraday Future Intelligent Electric Inc. (“FF”) announced on Monday that it had recently completed a 3,653 km long-distance road test following the historic US Route 66.

Faraday Future Expands Global Hiring Following Business Combination

Faraday Future (FF) announced on August 20 that it plans to greatly expand its number of employees over the next 12 months, following a business combination deal that closed in July of this year.

Faraday Future Lists in the US, Holds Market Value of $5.4 Billion

New energy vehicle maker Faraday Future (FF) listed on the Nasdaq Stock Exchange on Thursday, also holding a bell ringing ceremony to mark the occasion. The firm has initiated trading under the ticker symbol "FFIE".

Faraday Future to Land on NASDAQ as Pre-orders of its Mass-produced Cars Are Live

According to Faraday Future's official website, pre-orders of its first mass-production model FF91 are live, and prospective buyers can reserve the upcoming vehicle for 50,000 Yuan (around USD $7,700). This deposit supports a full refund before signing the contract.

China VC Weekly: EVs, Biotech and Logistics

In last week’s news, Faraday Future raises additional funds before possible listing, Jack Ma-backed biotech startup secures funds in a series C round, while logistics startup FlashEx raises a confident Series D round.

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