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Top related persons:
Faraday - 2 Lucy Nicholson - 1 Mrinmay Dey - 1 Dhanya Ann Thoppil - 1 Nikola - 1 Samrhitha - 1 Krishna Chandra - 1 Akanksha - 1
Top related locs:
Bengaluru Gardena , California U.S Los Angeles Angeles China California
Top related orgs:
Futurist Alliance - 3 Thomson - 3 FF - 2 REUTERS - 1 EV - 1 Nasdaq - 1 Companies - 1 Lordstown Motors - 1

Search resuls for: "Futurist Alliance"


3 mentions found


☆ Faraday Future alleges "coordinated effort" to undermine valuation
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
The interior of Faraday Future's luxury electric car FF91 is seen at the company's headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsCompanies Faraday Future Intelligent Electric Inc FollowSept 7 (Reuters) - Faraday Future Intelligent Electric (FFIE.O) on Thursday said it has recently observed a series of "suspicious activities" which the electric-vehicle startup believes suggested a "coordinated effort" to undermine its valuation. Faraday did not immediately respond to a Reuters' query seeking details on the claim. It also faced delivery delays with its FF 91 2.0 Futurist Alliance vehicle, the first of which it delivered in August. Reporting by Mrinmay Dey in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Persons: Faraday, Lucy Nicholson, Mrinmay Dey, Dhanya Ann Thoppil Organizations: REUTERS, Reuters, EV, FF, Futurist Alliance, Thomson Locations: Gardena , California, U.S, Los Angeles, Bengaluru
☆ Faraday Future plans reverse stock split and delays EV deliveries
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +2 min
June 16 (Reuters) - Electric-vehicle startup Faraday Future Intelligent Electric (FFIE.O) said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq's minimum bid price requirements. Faraday Future closed at $0.45 on Friday. So far this year, electric-truck maker Nikola (NKLA.O) has said it may execute a reverse stock split, while Lordstown Motors (RIDE.O) has also announced a reverse stock split to meet Nasdaq listing norms. Faraday's reverse stock split proposal includes a range between 1-for-2 and 1-for-90 shares of outstanding common stock. Last November, Faraday Future raised doubts about its ability to continue as a "going concern".
Persons: Faraday, Nikola, Samrhitha, Krishna Chandra Organizations: Nasdaq, Companies, Lordstown Motors, FF, Futurist Alliance, Thomson Locations: Angeles, Bengaluru
☆ EV maker Faraday Future launches limited edition FF 91 2.0 for $309,000
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +1 min
May 30 (Reuters) - Electric vehicle (EV) startup Faraday Future Intelligent Electric (FFIE.O) launched its limited edition FF 91 2.0 Futurist Alliance vehicle on Tuesday, priced at $309,000. The company said the model is limited to 300 units globally and that it has opened reservations in both U.S. and China. The startup also launched the regular FF 91 2.0 Futurist model and added that it was available for preorder, without revealing price details. The launch comes after several delays in the production of its flagship electric car, FF 91 Futurist. In March, the company said it had begun production at its California factory, after raising doubts late last year about Faraday's ability to continue as a "going concern" and the delivery timeline for FF 91.
Persons: Akanksha, Janane Organizations: Futurist Alliance, Thomson Locations: China, California, Bengaluru
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