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Faraday Future Intelligent Electric Inc. Newsroom
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.
The Hottest Auto Stock Over the Last Six Weeks Is Not Tesla
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Trump Transition Team Proposes EV Policy Rollback
Express News | The Trump transition team plans to completely revoke Biden's electric Autos and emissions policies.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
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
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.
Faraday Future Hands Over FF 91 Futurist Alliance EV to YouTube Star Suede Brooks
Faraday Future Announces Fashion Model and Designer Suede Brooks to Take Delivery of Her New FF 91 2.0 Futurist Alliance Thursday Dec. 12
Express News | Faraday Future will immediately begin producing FF 91 2.0 seats at its factory located in Hanford, California.
Faraday Future Continues to Improve Manufacturing Efficiency by Insourcing Its FF 91 2.0 EV Seats
Jibang Consulting: In the third quarter, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, an increase of 7% compared to the previous quarter.
In the third quarter of 2024, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, which is a 7% increase compared to the previous quarter, but the growth rate has declined compared to the same period last year.
Worried about Trump's policies, South Korean electric car battery manufacturers are reconsidering their investment plans in the United States.
Informed sources reveal that some south korean companies have slowed down or suspended some ongoing factory constructions due to concerns over a decrease in demand for electric autos and the policies that Trump is expected to implement.
Faraday Future Welcomes Suede Brooks As Co-Creation Officer With FF 91 2.0 Lease Signing
Express News | Faraday Future Announces Fashion Model and Designer Suede Brooks Signs FF 91 2.0 Futurist Alliance Lease Agreement and Becomes Latest Developer Co-Creation Officer
A newcomer in the U.S. Senate claims to end subsidies for electric vehicles, allowing consumers to decide which models to purchase.
① Bernie Moreno, the incoming senator from ohio in the usa, stated that if he becomes the "autos czar" in the next Trump administration, one of his top priorities would be to eliminate the $7,500 tax credit for electric vehicles; ② Moreno emphasized that the "market should play a role," calling for an end to government intervention in businesses, and advocated for creating a favorable tax, regulatory, and labor environment for auto companies.
BMO Comments on US, Canada Vehicle Sales in November
Vehicle-Sales Jump Bodes Well for U.S. GDP -- Market Talk
U.S. Auto Sales Climb to Highest Level in Three and a Half Years