Jia Yueting Archives

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.

Faraday Future to Release Production EV Model FF 91 on February 23

California-based electric vehicle (EV) firm Faraday Future (FF) announced on Thursday that the production version of its FF 91 model will be officially released on February 23.

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.

Hong Kong Bourse Publicly Censures Six Former Executives of Smartphone Maker Coolpad Group

The Hong Kong Stock Exchange on Tuesday publicly censured Chinese business tycoon Jia Yueting, two former CEOs named Jiang Chao and Liu Jiangfeng, as well as three ex-directors of domestic smartphone maker Coolpad Group.

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".

Le.com and Jia Yueting Are Fined 481 Million Yuan ($73 Million) for Financial Fraud

On Monday, Chinese streaming video service Le.com reported that the China Securities Regulatory Commission (CSRC) had fined the company 240 million yuan ($37 million) for a financial fraud running from 2007 to 2016.

Jia Yueting No Longer Owns Equity in FF, Apologizes For Downfall of Leshi

FF and Leshi Internet founder Jia Yueting said on July 2 that his personal bankruptcy reorganization process was finally completed on June 26 in the United States.

US Court Confirms Restructuring of FF Founder Jia Yueting’s Personal Bankruptcy

Faraday Future (FF) founder and CPUO Jia Yueting had finally completed personal bankruptcy restructuring on May 21, Los Angeles local time, at a hearing in the District Court for the Central District of California.

Le.com Delisted by Shenzhen Stock Exchange Due to Massive Losses

The Shenzhen Stock Exchange has terminated the listing of Le.com, a company founded by the debt-ridden Jia Yueting.

FF Founder Jia Yueting’s Chapter 11 Restructuring Case Passes Voting At the Creditor Level

Jia Yueting has made noticeable progress recently in his personal bankruptcy case as the creditor voting results have been officially announced.

Faraday Future Seeks Creditor Support as Founder Jia Yueting Struggles With Bankruptcy

Faraday Future's (FF) Global Partners Team recently released an open letter to its creditors, hoping they could vote in support of founder Jia Yueting’s bankruptcy and restructuring.

Faraday Future Founder Releases Statement on Bankruptcy Case

Jia Yueting released a statement after his Chapter 11 Disclosure Statement and the motion for approval of DIP Financing were approved.

Bankrupt Faraday Future Founder Responds to Dispute in Media Coverage Over Huge Amount of Family Claims

Jia Yueting announced that the $600 million claim declaration amount is the joint guarantee debt of both his brother Jia Yuemin and himself.

Faraday Future Founder Jia Yueting Reaches Agreement with Creditors on His Bankruptcy Case

On February 27, Faraday Future founder and former CEO Jia Yueting filed a "Plan Term Sheet" with the Bankruptcy Court for the Central District of California.

Wife of Former CEO of Faraday Future Files for Divorce

Gan Wei, Jia Yueting's wife initiated divorce proceedings and has filed a proof of claim in the amount of approximately $571 million, ever since Jia filed for bankruptcy back in October of 2019.

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.

Faraday Future Struggles With Funding, Plans to Enter China

Breitfeld has already launched plans to enter China. He revealed that the purpose of his visit to Beijing was to find potential partners in China and establish joint ventures.

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.

Faraday Future to Hold Creditors Meeting to Discuss Jia Yueting’s Bankruptcy Proposal

On November 25, Faraday Future headquarters will hold a creditors meeting to discuss the bankruptcy reorganization proposal put forth by the former CEO of the company, Jia Yueting.

Faraday Future CEO Claims The Firm has the Best Electric Powertrains in the Industry

Carsten Breitfeld, who led the development of the BMW i8 plug-in hybrid, landed the CEO role at Faraday Future (FF) two months ago.

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