Electric automaker Faraday Future has tapped Henry (Hong) Liu, an expert in banking and regulation with extensive experience in Asia, as its newest top lawyer.
Formerly a partner at Mayer Brown in New York, Liu will take on a broad role with three titles, all of which include “global.” At Los Angeles-based Faraday, he will serve as global chief administrative officer, global executive vice president and global general counsel.
Liu stated in the announcement of his hire that he has the “utmost confidence in Faraday Future’s mission and talents.”
Liu has deep Big Law experience, beyond just Mayer Brown. According to a 2012 report from The American Lawyer, he’s worked at Pillsbury Winthrop Shaw Pittman, where he was hired to head the firm’s financial institutions infrastructure team for China, as well as at DLA Piper and Nixon Peabody.
He’s held positions as the managing director of investment banking at the worldwide investment banks of Credit Suisse First Boston and Donaldson, Lufkin & Jenrette. He also served as general counsel of the China Securities Regulatory Commission, the primary regulator of China’s securities industry.
“With my experience, skills and knowledge in both the U.S. and China, I hope to bring an immediate infusion of leadership across global legal, government affairs, and finance to this excellent team, and together further advance FF’s vision to create a shared intelligent mobility ecosystem,” Liu added.
Faraday trumpeted Liu’s more than 25 years of business and management experience in the United States and Asia-Pacific regions as being a “crucial asset” for the company as it edges closer to the release of its first all-electric production vehicle, the FF 91.
The company announced in June that it had raised $2 billion in capital to help bring its electric vehicles to the market in both the United States and China, after regulators from the Committee on Foreign Investment in the United States approved the investment round.
Faraday’s former head lawyer, James Chen, who previously served as Tesla’s vice president of regulatory affairs and deputy general counsel, joined Faraday in 2016. He left six months later, in the midst of reports that Faraday was experiencing financial woes. Chen then joined Chanje, which makes commercial electric trucks.