Faraday Future Receives Strong Endorsements from California Leaders for FX Brand, Global Bridge Strategy, and Founder YT Jia’s Appointment as Co-CEO
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global intelligent electric mobility ecosystem company, recently garnered significant praise and strong endorsements from prominent California political leaders. The support was directed toward the Company’s ambitious “Global Automotive Industry Bridge” Strategy, the emerging FX brand, and the recent appointment of Company founder YT Jia as Co-CEO.
These endorsements were delivered at Faraday Future’s recent “FF Stockholder Community and FX Co-Creation Day” event, held at the Company’s Los Angeles headquarters. The event served as a platform for key updates from both Company executives and government representatives, offering insights into FF’s future direction, the growth of the FX brand, and the transformational aspirations championed by Jia’s return to a leadership role.
A Pivotal Moment for FF
The “FF Stockholder Community and FX Co-Creation Day” was designed not only to share important milestones with investors, stakeholders, and fans but also to deepen transparency and strengthen communication between the Company and its supporters. As Faraday Future continues its transformation journey, the event emphasized real-time engagement, addressing information gaps, clarifying misunderstandings, and reinforcing confidence in the Company’s vision and execution.
This unique gathering was held in conjunction with an employee all-hands meeting, creating a unified opportunity for stockholders, registered guests, followers, and fans to witness firsthand the Company’s progress and future strategies.
During the event, Founder and newly appointed Co-CEO YT Jia shared a series of business updates, highlighted key elements of the Company’s transformational plan, and outlined the ambitions driving Faraday Future’s next phase of growth. Jia’s return to an executive leadership position has been hailed as a turning point for FF, signaling the rejuvenation of the Company’s founding spirit, entrepreneurial passion, and original mission.
Strong Political Support for Faraday Future’s Strategy and Leadership
Among the prominent voices at the event was Lou Martinez, the current Mayor of Hanford, California, home to Faraday Future’s state-of-the-art manufacturing facility. Mayor Martinez offered his congratulations to YT Jia on his appointment as Co-CEO and expressed excitement about the Company’s production ramp-up efforts.
“I want to personally congratulate YT Jia in his new role as Co-CEO of FF and wish him and the Company much success,” said Martinez. “The ramp-up of the FX production is especially exciting, and Hanford remains committed to partnering with Faraday Future to bring connected, AI-rich vehicles to the world. We look forward to the day when FX vehicles are delivered from Hanford.”
Mayor Martinez’s remarks reaffirmed the strong public-private partnership between Faraday Future and the City of Hanford, a relationship that is central to the Company’s manufacturing ambitions and broader community engagement initiatives.
Former Speaker of the California State Assembly Anthony Rendon also delivered a powerful and heartfelt statement at the event. Rendon praised Faraday Future’s contributions to California’s innovation landscape and the Company’s steadfast commitment to the state, despite the trend of manufacturers moving operations out of California.
“At this pivotal moment, I would like to extend my heartfelt congratulations to Faraday Future (FF) and its founder, YT Jia,” Rendon stated. “The appointment of YT as a Co-CEO by the FF Board of Directors signifies the return of the founding team and spirit, heralding a new era of energy and value for FF.”
Rendon went on to highlight the significant investments that FF has made in California, pointing to the Company’s over $3 billion investment in the research, development, and manufacturing of next-generation Artificial Intelligence Electric Vehicles (AIEVs).
“This endeavor not only represents a commercial breakthrough but also underscores America’s forward-looking leadership in the field of new energy mobility,” Rendon noted. “FF is undoubtedly a pioneer in the global new energy industry, making significant contributions in technological innovation, talent acquisition, and the construction of a technological ecosystem.”
A Commitment to California and a Global Vision
Rendon’s remarks further emphasized FF’s unique position as the only domestic automaker to base both its headquarters and manufacturing facilities in California. In an era where many companies are relocating manufacturing operations to other states or overseas, Faraday Future’s commitment to California stands out.
“In an era where many enterprises are relocating manufacturing to other states or overseas, FF’s steadfast commitment to California reflects its trust and dedication to this land of innovation,” Rendon stated.
He further underscored California’s role as a global leader in green policy and new energy initiatives, noting the state’s comprehensive support for free trade, global collaboration, and environmental stewardship. Rendon applauded FF’s “Global Automotive Industry Bridge” strategy, which exemplifies the spirit of globalization and open cooperation that California advocates.
Praise for YT Jia’s Leadership
Rendon also took a moment to personally commend YT Jia, highlighting the leadership qualities that have defined his career and entrepreneurial journey.
“I would also like to pay tribute to YT Jia personally,” Rendon said. “His innovative spirit, sense of responsibility, and unwavering determination are truly admirable. These qualities embody the entrepreneurial spirit our era and industry most urgently require.”
With YT Jia at the helm as Co-CEO, Faraday Future is aiming to accelerate its transformation efforts, focusing on building the FX brand into a symbol of next-generation mobility, leveraging cutting-edge AI technology, and expanding the Company’s influence globally.
“I sincerely wish FF rapid progress in advancing the FX project, ushering in a new phase of development. From its roots in California, may it journey to the world stage,” Rendon concluded.
As Faraday Future moves forward under the joint leadership of YT Jia and Co-CEO Matthias Aydt, the Company’s strategy remains firmly anchored in innovation, transparency, and global collaboration. The enthusiastic support from California’s political leaders signals growing confidence in Faraday Future’s vision to not only transform the EV landscape but also to elevate California’s status as a hub of next-generation mobility innovation.
With the FX brand poised to represent the pinnacle of AI-driven electric mobility and the Company’s broader ecosystem strategy taking shape, Faraday Future is positioning itself as a catalyst for change in the automotive industry, bridging the world of cutting-edge technology with an uncompromising commitment to sustainability and customer-centric innovation.
The road ahead is challenging, but with renewed leadership, strategic clarity, and a strong foundation of public and private support, Faraday Future is aiming to turn its ambitious vision into a transformative reality — not just for California, but for the world.
