The EV-maker has postponed delivery on its first car model since 2018, but is angling to raise enough money to finally start production this month

Controversial Chinese tycoon’s company has continued to delay mass production of its first model

Electric-vehicle startup founded by deadbeat debtor Jia Yueting tells SEC that company leadership failed to demonstrate ‘a commitment to maintain integrity and ethical values’

Beijing weighs in on India’s Xiaomi asset seizure, CATL approved for $6.7 billion private placement

Former CEO Jia Yueting removed as executive officer and nephew resigns following investigation of fraud charges in misrepresenting preorders

The California-based carmaker says an internal investigation found no evidence of other claims of inaccurate disclosures, including those made in a short seller report

Nasdaq-listed EV-maker had earlier received a warning letter from the bourse over the delay in filing its earnings, which the company blamed on a short seller report

Report alleges that the electric-vehicle company will indefinitely delay its 2022 mass production target because ‘three recent visits to the factory showed little activity’ and engineering problems remain unsolved

Merger with special purpose acquisition corporation and funding from cornerstone investors would generate funds to finally start vehicle production, company says

New venture signals Faraday’s intention to try to enter the China market with electric cars, which it hasn’t yet started producing

After completing U.S. bankruptcy case, Jia Yueting makes promise to investors who lost as much as $24 billion, but it may not hold up in Chinese courts

Blacklisted debtor will amend reorganization plan, after too few creditors approved of original

Jia Yueting becomes ‘chief product and user officer’ at electric-car startup, sets up debt repayment trust