Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 30, local time on November 28, Faraday Future (Faraday Future) announced that FF's board of directors has appointed FF China CEO Chen Xuefeng as Faraday Future global CEO, effective immediately. FF's board of directors dismissed Bi Fukang as global CEO after a comprehensive evaluation of the company's performance since it went public in July 2021.

In response, Jia Yueting said through social media this afternoon that in the 16 months since its listing, FF has made a lot of mistakes and experienced a lot of hardships due to problems such as top-level governance and top management. It is very pleased to see that after the completion of the qualified adjustment of the board of directors, this management adjustment will help FF to further rectify the mess and get back on track.

CTOnews.com learned that Jia Yueting said that they will completely correct the mistakes and look to the future, with the first goal of promoting the delivery of FF 91 Futurist. With the achievement of the sixth manufacturing milestone and the continued higher-than-expected results of product performance tests, coupled with Chen Xuefeng's appointment as global CEO, they are only one step away from this goal.

In addition, Jia Yueting said that from now on, I believe that shareholders, board of directors and global employees will spare no effort to achieve high quality, low cost, high product power and the shortest time delivery of FF 91 Futurist, promote FF to gradually realize the return of capital value, and announce this plan and the first delivery schedule as soon as possible.

While announcing the appointment of Chen Xuefeng as global CEO, Faraday said yesterday that FF ieFactory California was nearing completion and reached the sixth milestone in production, that is, to complete all infrastructure construction and equipment installation in the main vehicle manufacturing area. FF 91 Futurist is currently in the final prenatal testing and verification work.

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