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Faraday Future Names Global Post-closing Board of Directors Following the Recent Signing of Its Merger Agreement With Property Solutions Acquisition Corp (PSAC)
New Board to be comprised of a diverse group of industry experts in the technology, automotive, finance, regulatory and government, transportation, and
About this update from Faraday Future Intelligent Electric Inc.
[{"type":"text","content":"\n\nNew Board to be comprised of a diverse group of industry experts in the technology, automotive, finance, regulatory and government, transportation, and energy sectors\n\n\n\nBoard to include FF Global CEO Carsten Breitfeld, current FF Board member Brian Krolicki, Matthias Aydt, Christine Harada, Lee Liu, Sue Swenson, Jordan Vogel, Scott Vogel, and Bob Ye \n\n\n \n\n LOS ANGELES--(BUSINESS WIRE)--\nFaraday Future (“FF”), a California-headquartered global shared intelligent mobility ecosystem company, announced today that a newly comprised nine-member Board of Directors will be appointed for FF upon the finalization of the business combination between FF and Property Solutions Acquisition Corp. (“PSAC”) (NASDAQ: PSAC). The transaction is expected to close in Q2 of 2021, with FF’s stock trading on the Nasdaq under the ticker symbol “FFIE.” This transaction validates FF’s vision to create a mobility ecosystem built upon innovations in technology and products. FF’s flagship electric vehicle (“EV”) – FF 91 – is planned to be launched within 12 months of the closing of the merger.\n\nThe Board members’ combined years of corporate and public experience will help guide FF in achieving its vision of creating leading-edge products and technologies for the marketplace. Each member brings critical outside perspective, new creative ideas, and a wealth of industry knowledge to help the company achieve its mission and strategic goals.\n\n“We are honored that this esteemed group of diverse leaders has joined FF in this pivotal period and transition to a publicly traded company,” said Carsten Breitfeld, Global CEO of FF. “Our new Board members will provide valuable experience and leadership and help guide us as we ready our operations and build up to our FF 91 launch.”\n\nAs the only next-gen intelligent internet EV product, FF 91 will deliver to its users a unique intelligent Internet electric mobility experience with a combination of extreme technology, ultimate user-experience, and a holistic ecosystem. Featuring an industry-leading 1,050 horsepower, and a 130-kWh battery with submerged liquid cooling technology, FF 91 achieves 0-60 mph in less than 2.4 seconds.\n\nCombined with a unique rear-seat intelligent Internet system, FF 91 delivers internet connectivity at high speed via its super mobile AP, achieves the industry's largest reclini...