Faraday Future Releases Interview Video with the Pebble Beach Concours d'Elegance Chairperson Sandra Button
24 August 2023 - 4:34PM
Business Wire
- Company Announces Employee Incentive Plan
-
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE)
("Faraday Future", “FF” or "Company"), a California-based global
shared intelligent electric mobility ecosystem company, shared a
video interview with Sandra Button, Chair of Pebble Beach Concours
d'Elegance, the World’s top luxury car collection exhibition. The
discussion included enlightening automotive trends and an interview
hosted by World champion race car driver Justin Bell. Mr. Bell
recently joined the second group of FF 91 2.0 Futurist Alliance
spire users and became an FF Developer Co-Creation Officer.
Mr. Bell interviewed YT Jia, Faraday Future Founder and CPUO,
along with Faraday Future’s Head of Product and Mobility Ecosystem,
Max Ma.
“We are grateful to be part of one of the most renowned luxury
events in the automotive industry, we hope our presence as an
electric vehicle and AI focused company serves as a Pebble Beach
Concours d'Elegance bridge to the future,” said YT Jia, FF Founder
& CPUO (Chief Product and User Ecosystem Officer). “Powered by
the All-Ability aiHypercar, FF aims to be an industry leader with
our FF 91 2.0 Futurist Alliance. Faraday Future is committed to
breaking down traditional perceptions and redefining what holds
value in the future of the automotive industry.”
Please watch the full interview video with Sandra Button, YT
Jia, and Max Ma here:
https://youtu.be/7qgl3hZJ4Uc?si=tP8OjDayceilnQk4
The Company also announced an amendment to its previously
approved incentive plan related to Phase 2 deliveries plan for its
executives and employees. All active employees that began
employment at the Company prior to July 1, 2023 will get cash
bonuses and equity incentive awards upon certain conditions
surrounding the latest delivery milestone among other
conditions.
The amendment to the incentive plan reflects FF's emphasis on
talent. Employees are the core asset of FF. Strong alignment with
core employees and executives through equity incentives is
particularly important for the realization of the Company's medium
and long-term strategic goals. This incentive plan can help to
ensure the stability and continuous development of FF core team in
the increasingly fierce talent competition.
Users can preorder an FF 91 2.0 Futurist Alliance vehicle via
the FF App or through our website (English):
https://www.ff.com/us/preorder/ or (Chinese):
https://www.ff.com/cn/preorder/
Download the new FF App: https://www.ff.com/us/mobile-app/.
ABOUT FARADAY FUTURE
FF is the pioneer of the Ultimate Intelligent TechLuxury ultra
spire market in the intelligent EV era, and a disruptor of the
traditional ultra-luxury car industry. FF is not just an EV
company, but also a software-driven company of intelligent internet
AI product.
FOLLOW FARADAY FUTURE:
https://www.ff.com/
https://www.ff.com/us/mobile-app/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture/
FORWARD LOOKING STATEMENTS
This press release contains “forward looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements, which
include statements regarding the Company’s ability to meet its
future production and delivery plan and the Company’s ability to
incentivize its employees and executives, are not guarantees of
future performance, conditions or results, and involve a number of
known and unknown risks, uncertainties, assumptions and other
important factors, many of which are outside the Company’s control,
that could cause actual results or outcomes to differ materially
from those discussed in the forward-looking statements. Important
factors, among others, that may affect actual results or outcomes
include, among others: the Company’s ability to continue as a going
concern and improve its liquidity and financial position; the
Company’s ability to execute on its plans to develop and market its
vehicles and the timing of these development programs (including
timely receipt of parts); the Company’s estimates of the size of
the markets for its vehicles and cost to bring those vehicles to
market; the rate and degree of market acceptance of the Company’s
vehicles; the success of other competing manufacturers; the
performance and security of the Company’s vehicles; potential
litigation involving the Company; the result of future financing
efforts and general economic and market conditions impacting demand
for the Company’s products; potential cost, headcount and salary
reduction actions may not be sufficient or may not achieve their
expected results; and the ability of the Company to attract and
retain employees, any adverse developments in existing legal
proceedings or the initiation of new legal proceedings, and
volatility of the Company’s stock price. You should carefully
consider the foregoing factors and the other risks and
uncertainties described in the “Risk Factors” section of the
Company’s Annual Report on Form 10-K/A filed with the Securities
and Exchange Commission (“SEC”) on August 21, 2023, and other
documents filed by the Company from time to time with the SEC.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and the Company does not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230823731572/en/
Investors (English): ir@faradayfuture.com Investors
(Chinese): cn-ir@faradayfuture.com Media:
john.schilling@ff.com
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