Articles Tagged with "Faraday Future "

Faraday Future Signs New Joint Venture Agreement With the9 Limited
Faraday Future Signs New Joint Venture Agreement With the9 Limited

Faraday Future announced on Mar. 24 that it has signed a joint venture agreement with The9 Limited to form a joint venture (the “JV”) to manufacture, market, distribute, and sell luxury intelligent electric vehicles in China.

Mar. 25 , 2019
Faraday Future to furlough additional employees due to severe cash flow difficulty
Faraday Future to furlough additional employees due to severe cash flow difficulty

EV startup Faraday Future (FF) announced on December 4 that it plans to furlough more employees due to its severe cash flow issues caused by the ongoing spat with its major investor Evergrande Health.

Dec. 5 , 2018
Faraday Future aims to reach annual capacity of 5 million vehicles after decade
Faraday Future aims to reach annual capacity of 5 million vehicles after decade

Evergrande Health Industry Group Limited (Evergrande Health) announced on August 14 that Faraday Future (FF) has set up its operating headquarters in China on the same day.

Aug. 14 , 2018
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future

Faraday Future’s subsidiary, Ruichi Intelligent Vehicle (Guangzhou) Co., Ltd. founded in Guangzhou, changed its name as Evergrande Faraday Future Intelligent Vehicle (Guangdong) Co., Ltd. on July 24.

Aug. 6 , 2018
Evergrande invests in Faraday Future by indirectly acquiring stake in FF JV
Evergrande invests in Faraday Future by indirectly acquiring stake in FF JV

China’s real estate developer Evergrande Group acquired 100% stake in the Hongkong-based TIME GOOD LIMITED (hereinafter referred to as Time Good) with an investment of HK$6.746 billion, Evergrande Health Industry Group Limited announced on June 25.

Jun. 25 , 2018