Faraday Future named Co-CEO three years after the internal investigation marginalized

Faraday Future Board of Directors at Faraday Future appointed Jia Yueting as a participant in the company, three years after his marginalization After the internal investigation In allegations of fraud – an investigation led to the investigation by the Securities Committee and the Stock Exchange.

JIA will serve alongside the current CEO Matthias Aydt and will supervise the financing and legal teams and the supply chain, the company, the company Declare At a press conference Thursday. Aydt is a Faraday Future employee for a long time that was previously placed under surveillance after that I was offered to pay a member of the Faraday Future Board Up to $ 700,000 to resign in the middle of A. Power struggle for months on the company.

The appointment of Jia comes just one month after the name Faradai in the future is the name of Jia Jerry Wang’s brother EV. Wang resigned in 2022 as a result of the internal investigation due to “failure to cooperate with the investigation” according to filings With the Securities and Stock Exchange Committee.

Jia Future Firmay was established in 2014 as much as it was looking to build on what was at that time an Electronics and Successful Media Media Empire in China.

This empire collapsed, and Jia has self -assumed to the United States to focus on the future of Faraday. The company spent the past decade and more than 3 billion dollars to develop high -end EV called FF91. But it was only sold about ten of them so far, and it has been accused of lawsuits Distort some of these sales.