LOS ANGELES--(BUSINESS WIRE)--Nov 11, 2024-- Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that long-time Company employee Xiao (Max) Ma has been appointed Global CEO of Faraday X aiEV Inc., a wholly owned subsidiary of the Company, effective immediately.
In this role, Max will report directly to both FF Global CEO Matthias Aydt and Founder & CPUO YT Jia. Max will be responsible for executing the FX strategy and driving the success of the FX brand. Appointing Max, who is a member of the FF founding team to lead the FX brand, will facilitate mutual empowerment between the two brands and better implement the “Light and Swift” model.
His previous roles as Head of Product & Mobility Ecosystem (P&ME) and Head of Corporate Strategy will remain unchanged. This press release features multimedia. View the full release here: https://www.
businesswire.com/news/home/20241110853462/en/ Faraday Future’s FX Subsidiary Appoints Xiao (Max) Ma Global CEO of Faraday X. (Photo: Business Wire) Following the September 19 launch event for the FX brand, FX has made new significant progress, this is an integral part of the Company's Global Automotive Industry Bridge Strategy.
The Company has entered into two strategic framework agreements and two memoranda of understanding, with a goal of promoting range-extended AIEV in the U.S. and .