Share with friends and circles of friends with wechat scanning QR code < / P > < p > < / P > < p > on November 16, Faraday future (FF), an electric vehicle startup, is investigating the company's recent allegations of financial fraud, including those raised by J capital, a well-known short selling institution. Faraday's future board of directors has established a "special committee of independent directors" and hired an external law firm to investigate < p > J capital accused Faraday of lying about the number of bookings of its electric SUV ff91 in the future, and accused the company's founder Jia Yueting of unfairly profiting from its recent public listing. Faraday will be listed in the future through merger with a special purpose acquisition company < p > Faraday future said in a press release: "Faraday future seeks to conduct its business in the most ethical and transparent manner. As a new listed company, as part of the review, the board of directors is trying to ensure that the company complies with the highest standards of conduct." < / P > < P > the start-up company submitted to the securities and Exchange Commission (SEC) on Monday The investigation was disclosed in the document. Faraday future said that due to the ongoing investigation, the company was unable to submit the complete financial results for the third quarter of 2021 on time. However, the company confirmed the news of a loss of $280 million in the third quarter and reiterated its goal of delivering the first batch of ff91 in July 2022 < p > Faraday future wrote in the document: "the investigation is ongoing, and the Special Committee continues to cooperate with external lawyers and consultants to complete the investigation as soon as possible. The company cannot predict the duration, final scope, results or impact on the company's financial results." the company did not disclose the names of the independent directors of the special committee or external law firms < p > Faraday is not the only electric vehicle start-up company facing financial fraud charges from short selling institutions in the future. Hindenburg research also released fraud reports on Nikola and Lordstown motors, both of which eventually face a government investigation. Workhorse, an electric car startup, is also under investigation after short sellers accused it of financial fraud. (small) < / P > < p >