Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future," "FF,"), a California-based global shared intelligent electric mobility ecosystem company, announced today that a delegation from China's automotive supply chain representing more than ten enterprises visited the Company's headquarters in Los Angeles. The delegation engaged in extensive discussions with several FF executives, including Global CEO Matthias Aydt and YT Jia, Founder and Chief Product & User Ecosystem Officer.
Representatives from leading automotive supply chain and manufacturing entities such as Shanghai Yida Air Conditioning, Shanghai Suce Software, Lucky Yundu Auto, Zhi Xing Automotive Technology, Kunshan Guoli Yuantong New Energy Technology, among others, participated in this visit. They discussed topics such as smart electric vehicle supply chains to China with FF's executive team.
"Since the start of deliveries in 2023, the Company has consistently taken measures to reduce operational and supply chain costs in support of our strategic objectives. The delegation provided us with many insightful suggestions for supply chain management. We look forward to further discussions and collaborations in relevant areas," stated Matthias Aydt.
"Chinese supply chain enterprises are integral components of the global automotive industry, especially in the AI EV sector. With respect to establishing FF’s supply chain in China, these supply chain enterprises are poised to play a key role in building FF's dual-home strategy in China and the U.S., as well as potential expansion in the Middle East. FF, which is rooted in the United States, will also provide unique value to China and the global automotive industry chain," expressed YT Jia.
The Delegation was jointly organized by Xuan Yuan Academy, the World New Auto Technology Collaboration Ecosystem Association, and China's Automotive Industry Going Global Collaboration Council, in collaboration with the Shanghai Zhejiang Chamber of Commerce.
