Los Angeles, October 26th / PRNewswire / -- FF EAI Robotics Ecosystem Inc. (“FFR”) (Nasdaq: FFR), a U.S.-based humanoid robotics company, and Faraday Future Intelligent Electric Inc. (“Faraday Future”) (Nasdaq: FFAI), announced today that FFR completed the acquisition of Faraday Future's robotics business on October 23, 2026. Following the completion of the transaction, FFR will continue to operate the robotics business and will trade on Nasdaq under the stock code “FFR”. Faraday Future will continue to trade on Nasdaq under the stock code “FFAI”.
In relation to this acquisition, FFR has appointed Jia Yueting (YT Jia) as the Chief Executive Officer, Jerry Wang as the Executive Chairman, and Chen Xi (Chen Shi) as the Chief Independent Director. Mr. Jia Yueting will continue to serve as the Chief Executive Officer of Faraday Future, and Mr. Wang will continue to serve as the Global Executive Chairman of Faraday Future.
FFR It is expected that in October 2026, the sales volume and shipment volume of robots will exceed 300 units, setting a new monthly record. The cumulative shipment volume will also exceed 1,100 units, while continuing to achieve a positive gross profit margin per unit.
FFR has also provided guidance for the entire year of 2026 for the first time. The robot business is currently expected to have approximately 2,000 units sold and shipped in 2026, while continuing to maintain a positive gross margin. This guidance reflects management's confidence in FFR's recent operational performance and long-term growth prospects. Management believes that FFR's commercialization strategy, planned capacity ramp-up, and continuously expanding market opportunities enable it to achieve sustainable growth and create long-term value for shareholders.
FFR CEO Jia Yueting stated: "The completion of this transaction marks an important step in establishing an independent listed company focused on embodied AI robots. We believe that this platform provides a solid foundation for accelerating commercialization and expanding the adoption of intelligent robots in the real world."
FFR is developing a robotics ecosystem that focuses on humanoid and bionic robot products, AI technologies, and industry solutions. The platform of FFR covers research and development, manufacturing, commercialization, and deployment, and is supported by its "four-core full-stack AI" ecosystem as well as the RoboShare robot sharing and service platform. Jia Yueting stated: "The focus of FFR is to create an scalable robotics business that brings physical AI robot technology into everyday commercial and industrial applications. As we enter the next phase of growth, we look forward to expanding our products, services, and capabilities."
Regarding FF EAI Robotics Ecosystem Inc.
FF EAI Robotics Ecosystem Inc. (Nasdaq: FFR) is a US-based embodied AI robotics company that focuses on the research and development, manufacturing, commercialization, and deployment of intelligent robotics technology, products, and industry solutions. FFR is building a "four-core full-stack" AI ecosystem that covers the entire lifecycle of robots, including EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Following the technical and product philosophy of "one brain, multiple forms, multiple capabilities," FFR aims to empower humanoid, bionic, and other robot forms through a unified EAI Brain and continuously expand their multi-task, multi-scenario capabilities. This ecosystem is designed to support the entire lifecycle of robots, including research and development, deployment, data collection and training, operation, as well as commercial applications. FFR also operates RoboShare, a robot sharing and service platform.
For more information, please visit www.ff.com.
About Faraday Future
Faraday Future Intelligent Electric Inc. Founded in 2014 (Nasdaq: FFAI), it is a physical AI ecosystem company headquartered in the United States, focusing on providing transportation solutions through artificial intelligence and technological innovation.
For more information, please visit www.ffai.com.
FFR Forward-looking Statement
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 and other applicable securities law “safe harbor” provisions. Statements other than historical facts, including guidance for the entire year of 2026 regarding the independence of the acquired robotics business, anticipated sales and shipments, the business strategy of FFR, commercialization plans, robot operations, expected benefits from the acquisition, future growth opportunities, as well as the development and deployment of robotics technology, are all forward-looking statements. You can typically identify forward-looking statements by words such as “may”, “might”, “will”, “shall”, “should”, “expected”, “planned”, “anticipated”, “able to”, “intended”, “goal”, “project”, “conceive”, “believe”, “estimate”, “predict”, “potential”, “purpose”, “seek”, “possible”, “continue”, or their negative forms and similar expressions; however, the absence of these words does not mean that a statement is not forward-looking.
These statements are based on current expectations, estimates, and assumptions, and involve risks and uncertainties that may lead to significant differences between actual results and those expressed or implied. Such risks include the risk that independent guidance may not be achieved; the ability to successfully integrate and operate the acquired business, commercialize robotics technology, achieve business objectives, obtain additional financing, maintain NASDAQ listing requirements, compete effectively, manage liquidity, and execute strategic transformation.
Further risks and uncertainties are detailed in the documents submitted by FFR to the U.S. Securities and Exchange Commission (SEC), including its 10-K annual reports, 10-Q quarterly reports, and subsequent documents. Relevant information can be found at www.sec.gov.
Forward-looking statements are valid as of the date of this press release. Forward-looking statements are based on management's assumptions about the future, and current expectations do not constitute a guarantee and are valid only as of the date of this press release. Except as required by applicable law, FFR undertakes no obligation to update or revise any forward-looking statements.
Faraday Future Forward-looking Statement
Forward-looking statements regarding Faraday Future Intelligent Electric Inc are subject to risks and uncertainties, including its ability to continue as a going concern, improve liquidity and financial condition, obtain financing, execute business strategies, commercialize products, and maintain compliance with NASDAQ listing requirements.
This press release contains forward-looking statements regarding Faraday Future. As defined by the Private Securities Litigation Reform Act of 1995, these statements include projections regarding the expected earnings of the trading pair Faraday Future and statements regarding the value of the interests held therein within FFR. These statements are subject to risks and uncertainties, including those identified in the "Risk Factors" section of Faraday Future's most recent 10-K annual report and 10-Q quarterly reports.
All statements in this communication, except for statements of historical facts, including any financial forecasts and statements regarding future events, Faraday Future strategies, disposal of robotics business, forecasts cited in this communication, as well as the expected benefits and time schedules for the aforementioned matters, the objectives of Faraday Future, anticipated or planned actions or results, are forward-looking statements. You can typically identify forward-looking statements by words such as "may", "might", "will", "shall", "should", "expected", "planned", "anticipated", "able to", "intended", "goal", "project", "conceivable", "believe", "estimate", "forecast", "potential", "purpose", "seek", "possible", "continue", etc., or their negative forms and similar expressions; however, the absence of these words does not mean that a statement is not a forward-looking statement.
These statements are based on current expectations, estimates, and assumptions, and involve risks and uncertainties that may lead to significant differences between actual results and those expressed or implied. Such risks include the ability to achieve business objectives, obtain additional financing, maintain NASDAQ listing requirements, compete effectively, manage liquidity, and execute strategic transformations.
Further risks and uncertainties are detailed in the documents submitted by Faraday Future to SEC, including its 10-K annual reports, 10-Q quarterly reports, and subsequent documents. Relevant information can be found at www.sec.gov. Forward-looking statements are based on management's assumptions about the future; current expectations do not constitute guarantees and are only valid as of the date of this press release. Except as required by applicable laws, Faraday Future assumes no obligation to update these statements.
