The annual report shows that in 2023, Faraday Future had revenue of $800,000 and a cost of sales of $43 million, both of which were zero in the same period of the previous year.
On April 30th, Faraday Future announced that it had received a letter from the NASDAQ Stock Exchange indicating that it would be delisted for not complying with listing rules.
Jia Yueting disputes ex-employees' lawsuits, denying dishonesty claims and planning to counter-sue amid allegations of premature deliveries and incomplete payments.
HiPhi issued a statement in response to the lawsuit filed by Faraday Future, denying that Chinese entrepreneur Ding Lei and related companies of Human Horizons have infringed upon its trade secrets and engaged in unfair competition.
Fafa Automobile (Hubei) Co., Ltd. was established with Wang Zhigang as the legal representative. Faraday Future plans to relocate its FF China headquarters to Huanggang while retaining its global headquarters in Los Angeles, California.
Faraday Future (FF) announced today that it has officially delivered the first ultra-intelligent technology luxury car FF 91 2.0 Futurist Alliance to its first spire user, and held a new car delivery ceremony for the first spire user on August 12th.
On July 31st, Faraday Future has completed all compliance and system tests. In addition, FF's first model, the FF91, will begin its second phase of delivery for the Futurist Alliance on August 1st Beijing time.
Recently, due to failure to fulfill the payment obligation determined by effective legal documents on time, Jia Yueting has been issued a new consumption restriction order.
On May 31st, Faraday Future (FF) announced the price of its first model FF 91 2.0 Futurist Alliance (2.0 refers to an updated version): $309,000 USD, about RMB 2.2 million.
Faraday Future announced today that the first production car of FF 91 will be released at the FF ieFactory California in 2 days. It will officially go into production on April 14th at 6:00 PM PST (9:00 am Beijing time).
Faraday Future, an intelligent electric mobility company, on March 1 announced a decision to restore founder and Chief Product and User Ecosystem Officer Jia Yueting’s Section 16 officer and executive officer status.
California-based electric vehicle maker Faraday Future announced on October 7 that Sue Swenson, the firm's executive chairperson, as well as Scott Vogel and Jordan Vogel, have officially resigned as directors and all other related positions within the company.
On the evening of September 26, Faraday Future announced that it had reached a final agreement with FF Top Holding LLC, a major shareholder of the firm, on financing and board reorganization.
Jerry Wang, one of the core executives and Vice President of Global Capital Markets at California-based EV startup Faraday Future, updated his personal LinkedIn page on Tuesday, indicating that he had left the firm.
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.
