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The Standard Group Plc is a
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influence in matters of national and international interest.
Faraday Future, an electric car start-up backed by Chinese entrepreneur Jia Yueting, has hired BMW veteran Ulrich Kranz as chief technology officer, as it pushes to accelerate production of its FF91 luxury electric SUV despite its parent's financial woes.
Faraday is part of a network of young electric vehicle (EV) firms in China and the United States backed by Jia, whose indebted film production-to-cars conglomerate is facing a severe cash crunch after rapid expansion.
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