On June 14th, Jia Yueting, founder and Chief Product and User Ecology Officer of Faraday Future (NASDAQ: FFIE), revealed on Weibo that FF plans to localize the production of mass-produced Volkswagen models in the United States and has recently negotiated cooperation and component procurement plans with multiple domestic OEMs. Jia Yueting stated that he is currently making every effort to promote financing for strategic investors. After the funds are in place, he hopes to sign the first batch of large-scale component procurement contracts as soon as possible and make advance payments.