December 5, Faraday Future (
In response, FF claims that it will soon submit an application for emergency relief procedures in the main arbitral tribunal, and take cost-cutting measures and suspension measures to deal with the current financial situation.
In response to the above information, FF insiders said all-weather technology, the main arbitration tribunal will be established in 1 to 2 weeks, when the application for emergency relief procedures will be submitted.
FF now employs about 1000 people, including more than 400 U.S. FF employees and more than 600 FF employees in China.
Prior to this, FF has adopted layoffs and pay cuts to save company costs. In the announcement, FF also indicated that it would maintain the measure to control capital expenditure.
FF brought in hundreds of employees in Octobe
Media reports say the FF will also extend the
FF also mentioned in the statement that the current financial problems encountered by the company are temporary and will be solved in the next two or three months. Corporate equity financing has also made great progress, investors from different backgrounds around the world highly agree with the core value of FF product technology and team, and express strong investment intentions for FF. The company will also continue to promote the delivery of FF 91.
FF has recently issued frequent statements explaining the public's grievances and disputes with Evergrande's health. Just a few days ago (30 November), FF issued a statement saying that FF had received the results of the application of the Hong Kong International Arbitration Tribunal for emergency relief for the dissolution of Hengda Health's lien on FF assets. FF said that the emergency arbitration for rescission of Hengda Health's lien on FF assets would be transferred to the main arbitral tribunal for award, and that the full rejection of the claim of FF in Hengda Health Bulletin was not entirely true.