Faraday Future Rumored to Restructure, CEO to Step Down
Faraday Future (FF) has added another chapter to its tumultuous history, as the company is rumored to be restructuring its organization and CEO Jia Yueting will step down as the firm’s leader.
Tag: #Faraday Future
Showing 12 of 59 posts with this tag
Faraday Future Changes Global CEO Again, Jia Yueting Increases Stock Holdings with Salary
On September 22nd, Faraday Future announced that the board of directors has appointed Matthias Aydt as the global CEO of FF.
9/22/20235 min read
Faraday Future's China Headquarters Will Be Located in Huanggang
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.
8/22/20232 min read
Faraday Future Shines at CES, Struggles to Catch up With Tesla
Faraday Future announced on January 8 that its FF91 model completed a 250-mile long-distance road test at the Consumer Electronics Show (CES), held annually in Las Vegas.
1/8/20202 min read
Blockchain Startup EVAIO to Invest $900 Million in Faraday Future
“EVAIO has made contact with Faraday Future to invest 900 million USD over three years via indirect STO. FF and EVAIO will now start up the discussion for the d...
12/4/20182 min read
Faraday Future Signs Joint Venture with Internet Firm The9
Chinese EV-startup Faraday Future and The9 Limited, an established Chinese internet company, formally signed a joint venture agreement on Mar. 24 to manufacture, market, distribute, and sell smart internet electric cars in China.
3/25/20192 min read
China’s VC Market is Dwindling, but Is It a Bad Thing?
After a record-setting 2018 that saw Chinese VCs ladle out cash to startups at mind-boggling valuations, current numbers spooked global investors, some of whom regard the diminished numbers as a sign of an imminent industry debacle.
1/1/20205 min read
Faraday Future Settles Dispute with Main Investor Evergrande
The war between EV startup Faraday Future (FF) and its main investor Evergrande appears to be over after the two companies reached a restructuring agreement on Dec. 31.
1/2/20192 min read
Faraday Future Annual Report: "May Never Achieve or Maintain Profitability"
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.
5/29/20242 min read
Faraday Future's New Chairman Confirmed After Evergrande Group Chair's First Visit to Los Angeles
Faraday Future (FF), the California-based electrical vehicle start-up, confirmed on July 15 that Xia Haijun, CEO of Evergrande Group, has assumed the post of FF...
7/16/20182 min read
The9's Stock Price Rose 27.83% After Signing an MOU with Local Government
On the afternoon of June 10 Beijing time, the stock price of The9 Limited (NASDAQ: NCTY) rose sharply. According to Sina Finance, as of 4:57pm Beijing time, June 10, The9's pre-market price was $1.47 per share, with an increase of 27.83 percent.
6/12/20193 min read
Founder’s Debt Restructuring Plan Will Determine Faraday’s Future
On November 25, a meeting was held regarding Faraday Future (FF) founder Jia Yueting’s debt at the FF headquarters in Los Angeles, California.
11/27/20192 min read