Jia Yueting: More than 2 billion dollars of debt remaining, returning to the country is in sight.

Former LeEco and Faraday Future founder Jia Yueting recently appeared via video at the China Enterprise Leaders Annual Conference held in Peking, responding to concerns about his "return to China". He revealed that he guaranteed over 10 billion USD in debts for LeEco and currently owes around 2 billion USD. According to his agreement with creditors, as long as he pays off 40% of it, which is about 0.7 or 0.8 billion USD, in a Chinese court to complete the debt repayment, he can return to China. Jia also disclosed that he had faced global debt collection efforts from creditors, underwent in-depth investigations by US courts, and even every pair of socks at home was counted.

AASTOCKS09:18

Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern

Business TodayDec 15 17:43

Express News | Faraday Future announced today the delivery of the FF 91 2.0 Futurist Alliance to supermodel and designer Suede Brooks. Company Executives attended the delivery ceremony and discussed co-creation of future Technology and design fashion with Suede. FF Glob

BreakingsDec 13 13:23

A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.

The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.

wallstreetcnDec 13 11:04

Faraday Future Hands Over FF 91 Futurist Alliance EV to YouTube Star Suede Brooks

BenzingaDec 12 15:07

Faraday Future Announces Fashion Model and Designer Suede Brooks to Take Delivery of Her New FF 91 2.0 Futurist Alliance Thursday Dec. 12

Faraday Future Intelligent Electric Inc.Dec 12 13:00