US Market News
3日前
Faraday Future Welcomes Students From El Segundo School District’s High School STEM Program to Its Global HQ to Discover More About the Company’s Latest EAI Robotics, Steadily Making Progress in Building the EAI Education EcosystemJune 9, 2026 8:03 PM
Business Wire The students were given a Company tour and participated in valuable classroom discussions on the latest robotics technologies that FF is leading, while the Company also shared the latest progress on FF AI-Robotics, exploring how student and family education will become the first major scenario in the initial phase of the consumer robotics market. FF AI-Robotics and the Lynwood Unified School District in Los Angeles officially signed a strategic cooperation MOU for K–12 robotics education, as well as a formal cooperation agreement for a robotics summer camp. FF aims to build the first scaled EAI education ecosystem in the United States, continuing to focus on EAI Robotics Education, expanding collaboration opportunities with schools, school districts, education institutions, STEM communities, and industry partners. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, welcomed students and faculty from El Segundo (CA) High School’s STEM program to its Global headquarters on June 4, 2026. The students participated in a number of activities including: viewing the Company’s FF 91 and FX Super One EV’s; having a tour of the Company’s new HQ facility in El Segundo, including the EV showroom and robotics showroom; met with the FF engineering team, and also watched several demonstrations of the Company’s newest humanoid and quadruped robots. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260609735954/en/Faraday Future Welcomes Students From El Segundo School District’s High School STEM Program to its Global HQ to Discover More about the Company’s Latest EAI Robotics; Steadily Making Progress in Building the EAI Education Ecosystem The students also participated in a classroom-style educational session, led by FF’s employees, where they learned about topics such as open-source platforms, programmability, pre-programmed commands, robotic attachments (e.g., robotic arms), the newest technologies: ROS2, C++, Python, and an introduction to NAVI (FF’s educational open-source quadruped). This visit highlights the Company’s deepening connection with the STEM / STEAM education ecosystem in Southern California. The visit provided a valuable platform to demonstrate and discuss FF’s innovative technologies, EV’s, including FF’s newest robotics initiatives, and their real-world applications as it continues to redefine the future of the robotics ecosystem in educational environments. The Company will continue to invite school leaders and students to its Los Angeles HQ as it pushes forward with its strategy focused on EAI Robotics Education, expanding collaboration opportunities with schools, school districts, education institutions, STEM communities, and industry partners. FF will also continue to promote the deployment of education robots, AI innovation curricula, campus AI showcases, summer camps, and industry-academia collaboration scenarios. Looking ahead, the Company will continue advancing the development of a scaled EAI education ecosystem in the United States, helping more students become creators, builders, and future leaders in the AI era. “This visit by high school students in the same city as our HQ allows us to connect with local students and educational leaders, while providing us a window to hear firsthand feedback of our robotics strategy as it will relate to students and future curriculum,” said Chris Chen, Co-CEO of FF AI-Robotics at FF. “We believe that education will become the first major scenario in the initial phase of the consumer robotics market as we move aggressively to build an EAI education ecosystem that serves both the B2C consumer market—including family education, companionship, and child development—and the B2B institutional education market.” The Company is actively advancing robots from product showcases into real education scenarios, helping K-12 students, universities, education institutions, and innovation communities engage with, understand, and apply AI and embodied intelligence at an earlier stage. By integrating EAI Robotics products with education activities, the Company aims to provide students with a more intuitive and participatory AI learning experience, helping the next generation of AI Natives develop engineering thinking, creativity, and interdisciplinary collaboration skills. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics products in the education market; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260609735954/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Welcomes Students From El Segundo School District’s High School STEM Program to Its Global HQ to Discover More About the Company’s Latest EAI Robotics, Steadily Making Progress in Building the EAI Education Ecosystem
US Market News
5日前
Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces Upcoming EAI Robotics Major Launch Events in June, Along with the First Cooperation Agreement with U.S. K-12 Public SchoolJune 7, 2026 7:30 PM
Business Wire FF will hold its FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch at its Los Angeles headquarters on June 16, where the Company will give a full and in-depth introduction to FF’s robotics education ecosystem strategy and also launch its EAI education product line and several major new EAI devices. On June 22, at Automate in Chicago, the largest robotics show in North America, FF will hold the FF EAI Robotics Multi-Form Lineup Debut & New Product Launch. FF will use this event to share more on its Three-in-One EAI ecosystem and EAI device lineup. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260607036897/en/Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces Upcoming EAI Robotics Major Launch Events in June, Along with the First Cooperation Agreement with U.S. K-12 Public School “Hello from issue 58 of our weekly report. This week, I would like to share two key updates with everyone: first, our upcoming major launch events; and second, an important breakthrough in our robotics education ecosystem. Since we first announced our robotics strategy in February, FF’s EAI robotics business, product development, and industrialization efforts have all been making steady progress. We have also continued to make important breakthroughs in device delivery, real-world use cases, and education ecosystem partnerships. The positive feedback from both B2B customers and B2C users has continued to validate real market demand and a major industry opportunity. The value of FF’s five unique core advantages, including our Global EAI Industry Bridge model, is becoming increasingly clear. Therefore, in mid-June, we will kick off the launch season for the full multi-form lineup of FF EAI robots. On June 16 5:00 p.m. U.S. time, or 8:00 a.m. Beijing time on June 17, we will hold our FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch at our Los Angeles headquarters. At the event, we will give a full and in-depth introduction to FF’s robotics education ecosystem strategy. We will also launch our EAI education product line and several major new EAI devices. The event will also include guest interviews and hands-on product experiences. We will invite representatives from B2B customers, B2C users, and partners to discuss AI and education. The event will be livestreamed globally, and we welcome all Futurists to tune in. On June 22, at Automate in Chicago, the largest robotics show in North America, we will hold the FF EAI Robotics Multi-Form Lineup Debut & New Product Launch. This will give the industry a clear and concrete view of FF’s Three-in-One EAI ecosystem and EAI device lineup. We welcome everyone to come check our booth and follow our updates during the event. Second, we made major progress this week in our education ecosystem partnership with a K–12 public school district. FF AI-Robotics and the Lynwood Unified School District in LA officially signed a strategic cooperation MOU for K–12 robotics education, as well as a formal cooperation agreement for a robotics summer camp. Together, we plan to launch our first EAI robotics summer camp for K–12 students this summer. The program will include AI learning sessions, hands-on robotics practice, and student project showcases. This is FF’s first strategic cooperation within the U.S. K–12 education system. For us, this is a very important milestone. This will help accelerate FF’s efforts to build the first scaled EAI education ecosystem in the U.S. and the first AI-native education system. It will also support FF’s goal of becoming a pathbreaker, ecosystem builder, and mass-adoption driver in the global B2C robotics market and its real-world use cases, and also our target of becoming the first robotics education ecosystem trailblazer and driving force serving both B2B educational institutions and B2C family education. This cooperation is expected to open up two key entry points: K–12 full-time schools on the B2B side, and family education for students on the B2C side. It also creates a repeatable user acquisition model that can drive viral growth across the U.S. AI is rapidly reshaping education and the skills needed for future careers. Schools and families in the U.S. are both facing new anxiety around AI. FF’s robotic devices, ecosystem products, and solutions are well positioned to meet this need and address the demands and pain points of both B2B and B2C users. Next, FF and Lynwood will continue to explore broader cooperation with government agencies, school districts, educational institutions, and industry partners. Step by step, we aim to replicate the Lynwood cooperation model across the U.S. education system and the family education market. On the product and technology side, we have completed the first version of Create Studio, our motion capture and Skill creation tool. It is one of the six developer platform tools we are developing in-house. We are now continuing to optimize it, and it is expected to officially launch soon. With this tool, we expect to significantly lower the barrier to robot motion and Skills creation. It will allow developers of all ages to learn AI and programming more easily, and to create robot movements, dances, performances, teaching interactions, and more. Kerr and Lerr have received their own FF EAI robots and started their journey as young developers. They have been learning how to use developer tools for Agent and Skills development, and how to train their robots. At the June 16 launch event, Kerr and Lerr will share what they have recently learned and built. I can’t wait to see what they have created. At the same time, EAI Soul, our robot persona development tool, has also entered internal testing. We have already developed professional personas for use cases such as tech product sales, real estate sales, and financial services. This means FF EAI robots are gradually gaining professional Agent capabilities and specialized service capabilities for real-world business scenarios. This also lays the foundation for the Robot Vocational Academy and for large-scale deployment in vertical use cases. That’s all for this week. See you next time!” ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260607036897/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces Upcoming EAI Robotics Major Launch Events in June, Along with the First Cooperation Agreement with U.S. K-12 Public School
US Market News
1週前
Faraday Future to Attend FountainHead RI’s Summer 2026 Educational Panel Event as a Presenting Sponsor; Showcasing Its EAI Robotics and EV Strategy on June 11June 3, 2026 9:09 PM
Business Wire Jerry Wang, Global Executive Chairman of Faraday Future, to present at the event, which is part of FountainHead RI’s Summer Educational Panel and Networking Event: Themed “The AI Infrastructure Race: How States Compete, Build, and Win.” FF believes the education sector, especially family education, will become the primary use case for the first phase of the 2C robotics market. The Company positions itself as a trailblazer and driving force behind the world’s first robotics education ecosystem, serving both B2B educational institutions and B2C family education. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, announced today that it will be a presenting sponsor at the upcoming Summer 2026 Educational Panel & Networking Event, organized by FountainHead RI, a nonprofit organization whose goal is to bring together and connect diverse, like-minded individuals who share a similar passion, vision and ambition for moving local and global communities forward. Jerry Wang, Global Executive Chairman of Faraday Future, is scheduled to present at the event which takes place on Thursday, June 11 in Providence, RI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603435832/en/Faraday Future to Attend FountainHead RI’s Summer 2026 Educational Panel Event as a Presenting Sponsor; Showcasing Its EAI Robotics and EV Strategy on June 11. Jerry Wang, Global Executive Chairman of Faraday Future, to present at the event. Faraday Future will showcase its strategy for EAI Robotics initiatives and cutting-edge electric vehicles. Attendees will have the opportunity to experience the Company’s AI-driven robotic systems that highlight the Company’s broader vision for intelligent mobility and automation. FountainHead RI is hosting a national, cross-state convening focused on how states across the U.S. are preparing for the next wave of AI and data center infrastructure, from power and siting to permitting, capital, and climate constraints. While hosted in Rhode Island, this event is designed for state officials, developers, utilities, investors, and enterprise leaders working across multiple states, offering a rare opportunity to engage directly with the people shaping where and how AI infrastructure gets built. More information about the event can be found here: https://www.fountainheadri.org/up-coming-events/ What: FountainHead RI’s Summer Educational Panel and Networking Event: “The AI Infrastructure Race: How States Compete, Build, and Win” (Back-to-Back Expert Panels, Networking, and more!) When: June 11, 2026 Time: 5:00 pm to 8:30 pm Where: The RI Convention Center (The Exchange Bar), Providence, RI “We are excited to participate in FountainHead RI's Summer 2026 Educational Panel and Networking Event on June 11th in Providence, RI,” said Jerry Wang. “This event not only opens up conversations around AI, data centers, infrastructure, and how the future of technology continues to accelerate, but also provides a valuable platform to demonstrate our Company’s goal of becoming one of the top robotics companies in North America within five years by real-world deployment volume in EAI humanoid and bionic robots and becoming a leader in the North American EAI MPV market with EAI automotive robots.” ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if its closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260603435832/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future to Attend FountainHead RI’s Summer 2026 Educational Panel Event as a Presenting Sponsor; Showcasing Its EAI Robotics and EV Strategy on June 11
US Market News
2週前
Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Total Sales and Shipments of EAI Robots Reached 69 Units in May, a New Record, Exceeding the Combined Total for the Months of March and AprilMay 31, 2026 7:30 PM
Business Wire FF has formally submitted a referral letter to the SEC regarding potentially illegal short selling and market manipulation, as we continue to fight illegal short selling. The decentralized Data Factory has completed its first deployments on actual robots and is now ready to begin distributed data collection and training based on real-world robot operations. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260531020433/en/Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Total Sales and Shipments of EAI Robots Reached 69 Units in May, a New Record, Exceeding the Combined Total for the Months of March and April “Welcome to Issue 57 of our weekly report. In the final week of May, we would like to highlight two pieces of good news: first, total sales and shipments of EAI robots reached 69 units in May, exceeding the combined total for March and April; second, the Company has formally submitted a referral letter to the SEC regarding potentially illegal short selling and market manipulation, as we continue to fight illegal short selling. On the Device side of our Three-in-One strategy: robot device sales and shipments reached a new record high in May. This marks the continued acceleration of FF EAI robot sales and deployment, giving us greater confidence in achieving our shipment targets of 200 units in the first delivery season and 1,500 units for the full year. More importantly, it shows that FF’s multi-form EAI robot device roadmap is beginning to show early results. Unlike companies such as Tesla, which focus on a single general-purpose humanoid robot, FF is delivering EAI devices in multiple forms, including both humanoid and bionic robots. By addressing real-world needs in education, security and inspection, reception and guidance, healthcare, and other use cases, we aim to match the right device form with the right use case. Through the Robot Vocational Academy we’re building, we aim to help EAI robots enter the real physical world faster, speed up the shift toward specialized expertise and professional roles for robots, and accelerate their mass adoption and continuous evolution. On the EAI Brain & Open-Source and Open Developer Platform side: Strong developer talent is continuing to join our ecosystem. Among the first group of developers who have joined us, many come from leading universities such as Stanford, Carnegie Mellon, and UCI. As our developer ecosystem continues to grow, the development, availability, and iteration of Skills/Agents for a wide range of real-world use cases will continue to accelerate. This will help FF’s robotics products evolve beyond standalone hardware into an open ecosystem platform where hardware, brain, models, data, developers, and use cases work in synergy and grow together. On the EAI Data Factory: The decentralized Data Factory has completed its first deployments on actual robots and is now ready to begin distributed data collection and training based on real-world robot operations. FF’s B2B and B2C robot users — including home education, educational institutions, auto dealers, healthcare institutions, and others — will become real-world nodes for EAI data generation and feedback. At the same time, we completed the initial data delivery under our first data sales order this week. This further strengthens the Data Factory’s business and commercialization loops, amplifying the evolutionary flywheel effect across 'Device-Data-Brain.' Under our AI First Transformation Strategy: FF’s Three-in-One ecosystem continues to make meaningful progress across all fronts. I also want to take this opportunity to extend an invitation to the generation of AI natives. If you're passionate about AI, understand AI, and want to help shape how AI is applied in the real-world operations, we’d love to hear from you. Join us as we help define the future of human-robot collaboration and build the next generation of EAI products. On the Capital Markets Front: The Company has formally submitted a referral letter to the SEC regarding information related to suspected illegal short-selling activities targeting FF. We have requested that regulators review and investigate potential misconduct, including the dissemination of misleading information, defamation, attempts to manipulate investor sentiment, the creation of unwarranted market panic, and illegal profiting from market misconduct. Going forward, we will continue to protect the interests of the company and our stockholders through appropriate legal and regulatory channels, ensuring that FF's market value more accurately reflects its operating fundamentals, long-term potential and continue putting Stockholders First in everything we do. In addition, over the past two weeks, Jerry Wang has represented FF at several major industry and investor events, including the Deutsche Bank Global Auto, Mobility & Robotics Conference and the Centurion One Miami conference, where he shared updates on FF's progress in Physical AI, EAI robotics, and EAI vehicle development. On June 4, Jerry will also participate in the AI Investment Roundtable at the World Leaders Summit in New York, as we continue expanding our dialogue and engagement with leading institutional investors around the world. Looking ahead, FF will soon hold an all-hands meeting at our new headquarters, where we will share additional goals and initiatives for Phase Two and Phase Three of our Five New Transformations with our team. I will also include this information in the upcoming weekly report. Thank you all. See you next week!” ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if its closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260531020433/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Total Sales and Shipments of EAI Robots Reached 69 Units in May, a New Record, Exceeding the Combined Total for the Months of March and April
US Market News
2週前
Faraday Future Submits Regulatory Referral Letter to the SEC, Advancing Fight Against Alleged Illegal Short Selling and Market Manipulation Including Alleged Conduct by Hua Qixin and AssociatesMay 28, 2026 10:53 PM
Business Wire As a key milestone in the Company’s ongoing efforts against alleged illegal short selling, FF has formally submitted a Regulatory Referral Letter to the U.S. Securities and Exchange Commission (SEC), requesting the SEC’s attention and investigation into alleged illegal and violative conduct targeting FF. As an integral part of the upgraded five transformation initiatives the Company has been driving since YT Jia was acknowledged and appointed as Global CEO, FF will continue to pursue legal and regulatory channels to protect the legitimate rights and interests of the Company and its stockholders. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced a significant development in its ongoing effort to combat alleged illegal short selling and market manipulation. The Company has formally submitted a Regulatory Referral Letter to the U.S. Securities and Exchange Commission (SEC), requesting that the SEC review and investigate alleged illegal and violative conduct identified by the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528039831/en/Faraday Future Submits Regulatory Referral Letter to the SEC, Advancing Fight Against Alleged Illegal Short Selling and Market Manipulation Including Alleged Conduct by Hua Qixin and Associates In the course of its sustained efforts against alleged illegal short selling, FF has identified and preserved relevant evidence. The Company believes this information indicates the continued presence of potential illegal market manipulation targeting FF’s stock performance — including alleged conduct by Hua Qixin and associates involving the dissemination of false information, defamatory statements, investor misdirection, and deliberate market panic. The Company believes such activities are designed to distort investor understanding of FF’s true business fundamentals and long-term value, while causing material harm to the Company and its stockholders. The submission of this Regulatory Referral Letter to the SEC represents a key component of the upgraded five transformation initiatives the Company has been driving since YT Jia was acknowledged and appointed as Global CEO. Internally, FF is accelerating its comprehensive transformation across five areas: strategy; product, technology and business; finance; capital; and FF's AI operating system. Externally, the Company will pursue increasingly decisive, proactive, and systematic legal and regulatory actions to combat alleged illegal short selling, disinformation, and market manipulation, putting “Stockholders First” into concrete practice. “We have the confidence, the evidence, and the determination to continue protecting the interests of the Company, our stockholders, and long-term investors through lawful and compliant means,” said YT Jia, Faraday Future’s Founder and Global CEO. “The Company will continue to employ every necessary judicial and regulatory tool to safeguard an open, fair, and law-abiding capital market environment, so that FF's market value more accurately reflects the Company's business fundamentals and long-term value.” FF emphasizes that it respects lawful market activity and the legitimate expression of investment views. However, the Company firmly opposes any conduct that allegedly involves misrepresentation, malicious defamation, market misdirection, manipulation of investor sentiment, or violations of U.S. securities laws and regulations. The Company will continue to work with its legal counsel and relevant authorities and reserves the right to pursue further legal action in the United States, China, and other applicable jurisdictions. The Company also reiterates its call to stockholders, investors, and the public: anyone with leads or evidence related to alleged illegal short selling, dissemination of false information, illegal market manipulation, or other conduct harmful to FF and its investors is encouraged to submit such information to the Company’s investor relations email at ir@ff.com. All credible leads will be reviewed in accordance with applicable law, and the Company will continue to advance related actions to the fullest extent permitted. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of "Device, Data, EAI Brain & Open-Source and Open Platform," FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future's official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes "forward looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: expectations related to the investigation of potential illegal market manipulation, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators, the Company's ability to timely regain compliance with Nasdaq's minimum bid requirement; the Company's common stock will be suspended from trading on Nasdaq if its closing price is $0.10 or less for 10 consecutive trading days; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; demand for the Company's robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company's reliance on a single OEM for most of its robotics products; the Company's ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the Company's ability to homologate FX vehicles for sale; the Company's ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of substantial losses and expectation of continued losses; the success of other competing manufacturers; current and potential litigation involving the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528039831/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@ff.com
Media: john.schilling@ff.com Original: Faraday Future Submits Regulatory Referral Letter to the SEC, Advancing Fight Against Alleged Illegal Short Selling and Market Manipulation Including Alleged Conduct by Hua Qixin and Associates
US Market News
2週前
Faraday Future Attended World Leaders Forum in New York on May 22, Further Advancing the BIBS–FF AI Robotics Institute and the Global Embodied AI Education EcosystemMay 26, 2026 11:57 PM
Business Wire The BIBS–FF AI Robotics Institute, the first industry-driven Physical AI and Robotics Institute in the United States, drew strong international recognition at the forum from leaders across AI, robotics, education, finance, and media. The forum builds on the BIBS–FF strategic memorandum of understanding signed on May 7, 2026 in Omaha, further advancing FF's global Embodied AI education ecosystem and Physical AI talent development framework. FF will continue to advance the Institute through a continuing series of AI and robotics events, including the Artificial Intelligence and Robotics Education Forum in Boston on May 31 and the World Leaders Summit AI Investment Closed-Door Meeting in New York on June 4. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced its participation in the New York special session of the World Leaders Forum, held on May 22, 2026 at the Sheraton LaGuardia East Hotel in Flushing, New York. The forum was organized under the leadership of Ms. Liya Rong, Dean and Co-Founder of Boston International Business School (BIBS), and brought together international guests across artificial intelligence, robotics, education, finance, law, real estate, international investment, media, and public affairs to discuss talent development, the future of the robotics industry, new models of business education, and the next wave of global industrial transformation in the AI era. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260526428665/en/Faraday Future Attended World Leaders Forum in New York on May 22, Further Advancing the BIBS–FF AI Robotics Institute and the Global Embodied AI Education Ecosystem The BIBS–FF AI Robotics Institute, jointly established by FF AI-Robotics and BIBS on May 7, 2026 during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, is positioned as the first industry-driven Physical AI and Robotics Institute in the United States. The Institute integrates real-world robot deployment, educational systems, and large-scale data generation, and focuses on professional talent development, robotics vocational certification, developer incubation, and applied research, with the goal of becoming a standard-setting authority for talent and certification in the Physical AI field. At the forum, international keynote speakers and BIBS visiting professors — including Dr. Xiaotian Dou, Founder and CEO of Marbella LLC; Dr. Ugoji A. Eze; Mr. Joseph Cirnigliaro; Dr. Martin Tang; and Ms. Qi Zhang — shared perspectives on the future of AI and robotics industries, international education cooperation, capital allocation in the Physical AI era, and youth innovation. The forum also received support from Mr. Jiapeng Xu, Founder and President of New York Century Group, and Mr. Xiaohua Ji, Founder and President of U.S. Wall Street TV. The New York session is part of a continuing series of AI and robotics events anchored by the BIBS–FF collaboration. The Artificial Intelligence and Robotics Education Forum is scheduled to be held in Boston on May 31, 2026, followed by the World Leaders Summit AI Investment Closed-Door Meeting in New York on June 4, 2026, which will bring together investors from Silicon Valley and international entrepreneurs to discuss future investment paradigms in the AI and robotics industries. “The BIBS–FF AI Robotics Institute represents an infrastructure-level innovation that integrates talent development, robot deployment, and Physical AI data, and we are encouraged by the strong international recognition this vision is receiving at platforms like the World Leaders Forum,” said Chris Chen, Co-CEO of FF AI-Robotics. “As we enter a new era of Physical AI, education remains the first major application scenario for FF's Embodied AI robots, and the Institute will continue to advance talent development, industry standards, and global cooperation in the Physical AI field.” “The BIBS–FF AI Robotics Institute is not only an educational platform, but also a critical bridge connecting global educational resources with industrial innovation in the Physical AI era,” said Professor Liya Rong, Dean and Co-Founder of BIBS. “We believe future education must move from traditional classrooms into global industrial environments, and through this collaboration with FF, we aim to enable more students, institutions, and partners around the world to participate in the development of Physical AI.” FF will continue to advance the BIBS–FF AI Robotics Institute and extend its Embodied AI ecosystem into education, talent development, and international industrial collaboration, supporting the build-out of next-generation Physical AI infrastructure and the development of professional talent for the global AI and robotics industry. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of "Device, Data, EAI Brain & Open-Source and Open Platform," FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future's official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes "forward looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the launch and operation of the BIBS–FF AI Robotics Institute, the development of Physical AI talent and infrastructure, the deployment of robotic systems in educational environments, partnerships with global educational institutions, FF's entry into the embodied AI robotics market and robotics deliveries and development, and the timing and content of upcoming AI and robotics events, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors that may affect actual results or outcomes include, among others: the Company's ability to timely regain compliance with Nasdaq's minimum bid requirement; the Company's common stock will be suspended from trading on Nasdaq if its closing price is $0.10 or less for 10 consecutive trading days; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; demand for the Company's robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company's reliance on a single OEM for most of its robotics products; the Company's ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the Company's ability to homologate FX vehicles for sale; the Company's ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of substantial losses and expectation of continued losses; the success of other competing manufacturers; current and potential litigation involving the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260526428665/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@ff.com
Media: john.schilling@ff.com Original: Faraday Future Attended World Leaders Forum in New York on May 22, Further Advancing the BIBS–FF AI Robotics Institute and the Global Embodied AI Education Ecosystem
US Market News
3週前
Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: FF’s Largest-Ever 23-Unit Robot Order Marks Another Step Toward Becoming a Pathbreaker and Driving Force in the Global B2C Robotics MarketMay 25, 2026 7:30 PM
Business Wire FF has entered a strategic partnership with Sequoia Education Center, a leading K–12 education group in North America and signed a sales contract for 23 FF EAI robots. The two parties will work closely together on K–12 robotics curriculum development, robotics education, teacher training, youth developer programs, and other areas. FF has delivered a Master humanoid robot to a well-known medical institution in Los Angeles, the first real-world implementation of FF’s EAI robots in a healthcare use case. On May 22nd, FF successfully held its annual stockholders’ meeting, with all proposals receiving roughly 80% approval support.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260525830679/en/Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: FF’s Largest-Ever 23-Unit Robot Order Marks Another Step Toward Becoming a Pathbreaker and Driving Force in the Global B2C Robotics Market “Welcome to Week 56 of our weekly report. First, I’d like to share two business updates, along with a piece of good news on the capital front. The first major update on EAI Devices: FF has entered into a strategic partnership with Sequoia Education Center, a leading K–12 education group in North America and signed a sales contract for 23 FF EAI robots. The two parties will work closely together on K–12 robotics curriculum development, robotics education, teacher training, youth developer programs, and other areas. This partnership is significant on four levels: 1. Sequoia Education Center is the third educational institution we have signed with recently. This partnership creates a dual entry point into both B2B educational institutions and B2C family education. It will help FF become a pathbreaker, ecosystem builder, mass-adoption driver, and leader in the global B2C robotics market and its real-world use cases. It also positions FF as a trailblazer and driving force behind the world’s first robotics education ecosystem serving both B2B educational institutions and B2C family education. 2. The 23-unit order is FF’s largest sales order to date for humanoid and bionic robots, helping us move steadily toward our sales target for the first delivery season. 3. By becoming an FF Par (FF Partner) and leveraging Sequoia Education Center’s full-cycle education service system, both parties will jointly expand FF’s reach among B2C users in education use cases and accelerate the entry of EAI robots into the physical world and real life. 4. Sequoia Education Center has also become our developer partner and joined our open-source and open developer platform. Together, we will support the growth of three types of developers, especially by bringing more Young Developers into our developer ecosystem, and help bring FF’s open-source and open developer platform to life first in education use cases. Next, we will continue to expand this model and replicate it across key U.S. states, accelerating the implementation of our Three-in-One strategy. The second major update on EAI Devices: FF has delivered our Master humanoid robot to a well-known medical institution in Los Angeles, the first real-world implementation of our EAI robots in a healthcare use case. This represents another step in FF EAI robots’ steady expansion into higher-barrier, higher-value verticals such as healthcare, and further validates the tremendous potential of humanoid robots in real, must-have use cases in the U.S. The collaboration between FF AI-Robotics and RobotShop is progressing smoothly. We welcome everyone to visit our storefront on RobotShop and place orders for FF’s EAI robotic products. At the same time, both parties are actively exploring deeper strategic cooperation opportunities. In addition, several major mainstream e-commerce platforms in North America have proactively expressed interest in partnering with us on robotics sales, and related discussions are also moving forward positively. Here’s another piece of great news: on May 22, FF successfully held its annual stockholders’ meeting, with all proposals receiving roughly 80% approval support. I want to sincerely thank all of our stockholders for their continued support and for their recognition in our EAI robotics and EAI vehicle strategies, the business direction, and our new leadership team. We remain fully committed to our “Stockholder First” principle, and our goal of maximizing long-term stockholder value. Now let’s move to EAI Brain & the Open Source and Open Developer Platform. The EAI Brain and Skills ecosystem continue to evolve. To date, we have developed dozens of Skills—some created in-house and others by third-party developers—covering a range of scenarios including education, security, reception and guided tours, and companion services. We believe every industry will eventually have its own specialized professional robots. We’re building what we call a “Robot Vocational Academy” — combining different hardware configurations, EAI Agents, and Skills packages tailored for different real-world roles and applications. Starting next week, we’ll be introducing and demonstrating our various in-house developed Skills. Stay tuned! The foundational infrastructure of our developer platform is nearly complete, and our goal is to make robot development as easy as developing mobile apps. The platform will include six major developer tools. Two of them are already completed: BrainBlocks, a block-based programming tool designed for K–12 student developers, and EAI Soul, a language engine designed to shape robot personality and conversational style. The remaining tools will begin rolling out later this month, and we’ll be sharing more details very soon. Finally, a quick update on our EAI Data Factory. Data collection and training efforts are continuing to move forward across multiple categories. We currently divide our data into four major types: simulation data, embodiment-free data, real-world teleoperation data, and real-world autonomous robot data. Our decentralized real-world robot data upload software has already been integrated, and testing is currently underway. We expect to complete our first decentralized collection of real-world robot data sometime in June. That’s all for this week. See you next week!” ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260525830679/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: FF’s Largest-Ever 23-Unit Robot Order Marks Another Step Toward Becoming a Pathbreaker and Driving Force in the Global B2C Robotics Market
US Market News
3週前
Faraday Future Announces Results of Annual Meeting of Stockholders; Successfully Approved All Proposals Designed to Enhance the Company’s Financial Stability and to Accelerate Its EAI Robotics Strategy and ExecutionMay 22, 2026 5:00 PM
Business Wire The Company thanks all stockholders for their support and for recognizing the company’s strategy, business direction, and the new executive leadership team. As the first U.S company to sell and deliver both humanoid and bionic robots, approval of the core proposals gives FF necessary tools to unlock value from production ramp-up, support large-scale deployment across real-world users, and strengthen its first-mover advantage. FF has raised the full-year shipment target from 1,000 to 1,500 units and will launch a new EAI Robotics product in June. Next, it plans to speed up deliveries of EAI robots and deployment across key areas including education, security, reception, tours, performances, and university research; advance its EAI brain and developer platform; and expand real-world data value from its EAI data factory, to achieve long-term corporate value growth. The Company has secured a total of $70 million in financing over the past two months, enough to fully support the Phase 1 (by end of 2026) objective of FF’s EAI robotics strategy while the financing also demonstrates institutional investors' confidence in the Company's prospects. The approved 45% authorized share increase will support future issuance obligations and the 2026 strategic plan, including the global EAI strategy. The approved reverse stock split is intended, among other factors, as a contingency measure to mitigate delisting risk and would be implemented only if the Company deems it necessary to maintain its Nasdaq listing status and the board of directors (the “Board”) determines it is in the best interests of stockholders. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced the results of its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) held today, May 22nd, at which the Company’s stockholders approved all of the submitted proposals, which were meant to enhance FF’s financial stability and empower the leadership team to execute its strategic plan aimed at supporting the Company’s Global EAI Robotics strategic execution and long-term growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260522248208/en/Faraday Future Announces Results of Annual Meeting of Stockholders; Successfully Approved All Proposals Designed to Enhance the Company’s Financial Stability and to Accelerate Its EAI Robotics Strategy and Execution “We are pleased with the overwhelming support from our stockholders at today’s Annual Meeting,” said YT Jia, Faraday Future’s Founder and Global CEO. “We believe that, as owners of our Company, our stockholders see the true value in our newly announced long-term strategy and have provided us the tools we need to execute our plan and bring forth strong results. The results of this AGM help to validate our vision of becoming a Physical AI ecosystem company.” The core proposals that FF Stockholders approved at the Annual Meeting include: Directors Election Proposal
The election of five directors: Jerry Wang, Xiao Jiang, Chad Chen, Kevin Chen, and Lev Peker. These individuals will serve until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. Approval of this proposal will help support the Company’s strategic continuity, strengthen closed-loop oversight from financing through performance, enhance internal and external trust and cohesion, and improve the effectiveness and efficiency of EAI ecosystem strategy execution. Through governance optimization measures, the Company is aiming to fulfil its commitment to protecting the interests of its stockholders. Note Purchase Proposal
In accordance with Nasdaq Listing Rule 5635(d), the issuance of Class A Common Stock to holders of certain promissory notes. On April 17, 2026, the Company entered into a notes purchase agreement (the “NPA”) for an aggregate amount of $45 million with an institutional investor. The redemption provisions contained in such promissory notes, which provide that such promissory notes are redeemable under certain circumstances in either cash or shares of common stock following the six-month anniversary of closing, based on the markup price upon such redemption. The Company believes the structure demonstrates its commitment to protecting existing stockholders while using raised capital to grow its business. This approval of the Note Purchase Proposal will provide the Company with critical capital and support the Company’s Global EAI Strategy execution throughout 2026, driving business growth and enhancing stockholder value. For more information on the NPA and the related financing, please refer to the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on April 20, 2026. Share Issuance Proposal
The issuance of Common Stock to the holder of certain shares of our preferred stock and warrants, in accordance with Nasdaq Listing Rule 5635(d). Approval of the Share Issuance Proposal will help the Company meet its contractual obligations, support future capital raising efforts, and enable mutual reinforcement between its core EAI business and the digital asset ecosystem. Share Authorization Proposal
Increase the number of authorized shares of Class A common stock and Class B common stock (collectively, the “Common Stock”) by 140,528,448 shares, from 312,285,439 shares to 452,813,887 shares, and the number of authorized shares of preferred stock (the “Preferred Stock”) by 10,839,269 shares, from 24,087,265 shares to 34,926,534 shares. As a result, the total number of authorized shares of the Company’s Common Stock and Preferred Stock will increase from 336,372,704 shares to 487,740,421 shares. The Board believes it is desirable for the Company to have a sufficient number of shares of Common Stock available for the satisfaction of its existing obligations to issue shares of Common Stock and possible future financings or acquisition transactions, stock dividends or splits, stock issuances pursuant to employee benefit plans and other proper corporate purposes. Reverse Stock Split Proposal
Approval to effect a reverse stock split of the issued and outstanding shares of Common Stock by a ratio of up to 1-for-150 (the “Reverse Stock Split”), at the specific ratio to be determined in the discretion of the Board and with such action to be effected at such time and date, if at all, as determined by the Board within one year after the conclusion of the Annual Meeting. The Company remains committed to organically enhancing its value and maintaining its listing status through business development. The Company reiterates that it will reverse split its shares only if necessary to maintain its Nasdaq listing status. Though approved, the Board will implement the Reverse Stock Split if and when the Board determines that the Reverse Stock Split is in the best interest of the Company’s stockholders, which may include reference to the following principles: (i) the closing price of the Company’s common stock is at a level that could trigger a Nasdaq delisting risk due to trading below $0.10; or (ii) sufficiently in advance of the expiration of the applicable Nasdaq 180-day compliance period to allow a reasonable implementation period, the Company’s common stock has not regained compliance with the $1.00 minimum bid price requirement, and delisting risk exists. However, the Board is not required to strictly apply the foregoing standards and shall retain full discretion in making its determination. Incentive Plan Proposal
The Company’s amendment to the Faraday Future Intelligent Electric Inc. Amended and Restated 2021 Stock Incentive Plan (the “2021 Plan”) in order to increase the number of shares of Class A common stock available for issuance under the 2021 Plan by an additional 50,492,075 shares. Approval of the Incentive Plan Proposal will allow the Company to continue offering long-term equity incentives as an alternative to cash compensation to help attract, retain and incentivize key talent in support of the execution of our EAI strategy. Meeting Details The Annual Meeting occurred on May 22, 2026, at 9:00 a.m. Pacific Time. More details about the results can be found here: https://investors.ff.com/ ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s entry into the embodied AI robotics market and future deliveries, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors that may affect actual results or outcomes include, among others: demand for our robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; our reliance on a single OEM for most of our robotics products; our ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; the ability of the Company to adequately insure its robotics products; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics-related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to maintain its listing on Nasdaq; the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the possibility of the Company’s common stock being suspended from trading on Nasdaq if its closing price is $0.10 or less for 10 consecutive trading days; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure an occupancy certificate for its Hanford facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026; and other documents filed by the Company from time to time with the SEC. No Offer or Solicitation of Securities This communication shall not constitute an offer to sell or a solicitation of an offer to buy any securities of FF, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. View source version on businesswire.com: https://www.businesswire.com/news/home/20260522248208/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@ff.com
Media: john.schilling@ff.com Original: Faraday Future Announces Results of Annual Meeting of Stockholders; Successfully Approved All Proposals Designed to Enhance the Company’s Financial Stability and to Accelerate Its EAI Robotics Strategy and Execution
US Market News
3週前
Faraday Future Attends Annual Orange County OC Maker Challenge Award Ceremony, Further Deepening the Company’s Connection with the STEM / STEAM Education Ecosystem in CaliforniaMay 20, 2026 5:30 PM
Business Wire Chris Chen, Co-CEO of FF AI-Robotics at FF participated in the celebration where he served as a special guest presenter and shared the latest progress on FF AI-Robotics and explored how education, especially student and family education, will become the first major scenario in the initial phase of the consumer robotics market. FF aims to build the first scaled EAI education ecosystem in the United States, continuing to focus on EAI Robotics Education, expanding collaboration opportunities with schools, school districts, education institutions, STEM communities, and industry partners. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, announced today that Chris Chen, Co-CEO of FF AI-Robotics at FF attended the recent annual Orange County OC Maker Challenge Award Ceremony and served as a special guest presenter for the winning student teams. Attending this function highlights the Company’s deepening connection with the STEM / STEAM education ecosystem in Southern California. This event provided a valuable platform to demonstrate and discuss FF’s innovative technology, including FF’s newest robotics’ initiatives, and their real-world applications as it continues to redefine the future of the robotics ecosystem in educational environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520433905/en/Faraday Future Attends Annual Orange County OC Maker Challenge Award Ceremony, Further Deepening the Company’s Connection with the STEM / STEAM Education Ecosystem in California During the ceremony, the Company’s EAI Robotics products, Master and Aegis, also appeared on stage as “mystery award presenters,” delivering an AI-powered interactive showcase for students, educators, and community partners, and becoming one of the most notable technology highlights of the event. “We believe that education, especially family education, will become the first major scenario in the initial phase of the consumer robotics market,” said Chen. “Starting with family education, FF aims to create the first breakthrough in the robotics B2C market and become a pioneer in the global EAI robotics consumer market.” OC Maker Challenge is one of Orange County’s representative student innovation and maker education platforms. Long supported by the Orange County Department of Education (OCDE) and OC Pathways, the program focuses on engineering design, robotics, AI, programming, smart hardware, and real-world problem solving. The Company is actively advancing robots from product showcases into real education scenarios, helping K-12 students, universities, education institutions, and innovation communities engage with, understand, and apply AI and embodied intelligence at an earlier stage. By integrating EAI Robotics products with education activities, the Company aims to provide students with a more intuitive and participatory AI learning experience, helping the next generation of AI Natives develop engineering thinking, creativity, and interdisciplinary collaboration skills. FF’s invitation to participate in the OC Maker Challenge not only reflects the local education ecosystem’s recognition of the Company’s EAI Robotics, AI showcase capabilities, and embodied intelligence applications, but also further strengthens the Company’s brand influence in the U.S. AI education and robotics education markets. The Company will continue to focus on EAI Robotics Education, expanding collaboration opportunities with schools, school districts, education institutions, STEM communities, and industry partners. FF will also continue to promote the deployment of education robots, AI innovation curricula, campus AI showcases, summer camps, and industry-academia collaboration scenarios. Looking ahead, the Company will continue advancing the development of a scaled EAI education ecosystem in the United States, helping more students become creators, builders, and future leaders in the AI era. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520433905/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Attends Annual Orange County OC Maker Challenge Award Ceremony, Further Deepening the Company’s Connection with the STEM / STEAM Education Ecosystem in California
US Market News
4週前
Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces the Company’s Comprehensive Transformation Across Five Areas: Strategy; Product, Technology and Business; Finance; Capital; and FF’s AI Operating SystemMay 17, 2026 6:26 PM
Business Wire Company’s goal is to become one of the top three robotics companies in North America within five years by real-world deployment volume in EAI humanoid and bionic robots and becoming a leader in the North American EAI MPV market with EAI automotive robots. New $25 million in financing combined with the $45 million announced in April, for a total of $70 million in financing over the past two months, will fully support the Phase 1 (by end of 2026) objective of the Company’s EAI robotics strategy. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260517296928/en/Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces the Company’s Comprehensive Transformation Across Five Areas: Strategy; Product, Technology and Business; Finance; Capital; and FF’s AI Operating System “Dear investors, stockholders, and Futurists, I hope this message finds you well. Ten days ago, FF celebrated its 12th anniversary. Last week, after seven years, I returned to the role of Global CEO of FF. Two days ago, FF completed its latest round of $25 million financing. With $70 million in financing raised recently, we believe this is enough to support the first-phase strategic goals of our robotics business. Today, standing at the forefront of a new wave of industrial revolution, I release this letter to all of you with great excitement and a deep sense of purpose. Our goal is to lead the team, over the next two years, to finally realize the dream that FF has been fighting for over the past 12 years. With AI First and Stockholders First as our core principles, we will build the Three-in-One ecosystem strategy around EAI, and truly rebuild FF into a Physical AI ecosystem company. This is a mission we must win. There will be no excuses. After years of life-and-death struggles, major ups and downs, and hard-earned lessons, FF’s differentiated advantages and value in this new wave of industrial competition have become even more clear. We must seize this momentum. Through five new transformations, we will move quickly to strengthen the Company’s five unique values: First, the value created by FF becoming the first U.S company to sell and deliver both humanoid and bionic EAI robots, and by our full ramp-up toward scaled deployment. We aim to take the lead in large-scale deployment across real-world use cases and strengthen our first-mover advantage. Second, the value created by the continuous evolution of the EAI Brain and Developer Platform. Third, the value created by real-world data from the EAI Data Factory. In the AI era, core competitiveness is not only about models and computing power. It is also about the ability to collect real-world, high-frequency, multi-dimensional data. Fourth, the value created by FF’s role as a global EAI industry bridge, especially in cost and efficiency. FF connects the world’s most advanced technology chain, the highest-quality industrial chain, and the most valuable users and use cases. This bridge can help deeply integrate global industrial resources, create stronger coordination, and amplify value. Fifth, the value created by strategic vision and focus. Together, the four values above — the Three-in-One ecosystem plus the global EAI industry bridge — will form the evolutionary flywheel of the EAI ecosystem. This is our most important long-term value and competitive moat. On execution, compared with Tesla, one of the leading companies in Embodied AI, FF has six clear points of differentiation:
1. Ecosystem model: FF combines in-house development, an open-source and open developer platform, and a data factory. Tesla follows a full-stack in-house development model, with data mainly used within its own ecosystem.
2. EAI device portfolio: FF offers robots in three humanoid forms and multiple bionic forms. Tesla is focused on one general-purpose humanoid robot.
3. Price range: FF offers a disruptive entry price starting at $10,000, while Tesla is expected to start at approximately $20,000 to $30,000.
4. First-phase market: FF is pioneering the education market and building deep capabilities in B2C family education. Tesla is focused on B2B industrial applications.
5. Technology Approach: FF combines a general-purpose EAI Brain with use-case-specific profession. Tesla focuses on a generalized universal brain.
6. Capital investment: FF combines core in-house AI development with its Bridge model, creating a more asset-light path. Tesla follows a full-stack in-house development model that requires heavier capital investment. Next, we will carry out a comprehensive transformation across five areas: strategy; product, technology and business; finance; capital; and our AI operating system. We will move forward in three major stages — 2026, the next two years, and the next five years — to maximize FF’s five unique values. I. Strategic Transformation: FF has officially upgraded into a U.S.-based Physical AI ecosystem company. Guided by the AI First principle, FF is focused on EAI robotics technology and two major product engines: EAI humanoid and bionic robots, and EAI automotive robots. We are building three major sub-strategies: EAI Devices, EAI Data Factory, and EAI Brain & Open-Source and Open Platform. Together, they form the Three-in-One EAI ecosystem, creating an evolutionary flywheel effect and maximizing commercial value. Our goal is to become one of the top three robotics companies in North America within five years by real-world deployment volume in EAI humanoid and bionic robots. In EAI automotive robots, our goal is to become a leader in the North American EAI MPV market. II. Product, Technology, and Business Transformation: In Phase one, the company will concentrate resources on fully scaling our EAI humanoid and bionic robot business. On the EAI Device side, based on our four major product lines and key use cases—including education, security and inspection, reception and guidance, performances, and university research—we have increased our 2026 robot shipment target from 1,000 units to 1,500 units. We believe the education sector, especially family education—will become the primary use case for the first phase of the 2C robotics market. FF aims not only to pioneer robotics education products, but also to become one of the primary driving forces behind the inaugural year of the U.S. EAI robotics education ecosystem. For EAI Brain and the Open Source & Open Developer Platform, through our 5×4 architecture, we aim to evolve robots from task-level autonomy toward long-horizon autonomy using VAM, world models, and WBC force-control systems, while leveraging shadow-mode iterations on weekly and monthly cycles. At the same time, we are accelerating commercialization of the EAI Brain, building an open platform architecture, and closing the ‘platform-deployment-data feedback’ loop. Our goal is to attract more than 100 developers and launch over 100 Skills and Agents, significantly enhancing the practical use value of our robots. For the EAI Data Factory, our goal is to turn real-world data collection and deployment into a flagship industry use case, complete full in-house development of our data software stack, and scale our data business to over $1 million in revenue. For our Middle East business, our goal is to achieve positive operating cash flow, exceed 200 robot sales and deployments, and expand operations across three countries in the region. The upside potential of our Phase One strategy is that once we secure strategic or long-term investment sufficient to fully fund Super One mass production, we will comprehensively accelerate our EAI EV business and establish dual growth engines. III. Financial Transformation: We will continue advancing a balanced approach between financial discipline and business growth, while rapidly improving operating quality and key financial metrics. Our target is to achieve positive operating cash flow by Q4 2027. The core measures include: maintaining the comprehensive gross profit margin of the humanoid and bionic robot device sales, maintaining high gross profit for ecosystem business revenue; shifting from relying on financing cash flow to focusing on operating cash flow; reconstructing the AI system to achieve real-time cost control and operational analysis capabilities; managing the income statement, cash flow statement, and balance sheet well, and maximizing the ‘Three-in-One’ business operating results. IV. Capital Transformation: Our goal is to restore the market value of FFAI back to the level it was at when it went public on the NASDAQ in 2021 within two years. This is our most important commitment to stockholders and the most critical performance benchmark for our company. The recent $70 million fundraising from institutional investors is an important starting point for the company’s financing structure to transition from ‘liquidity-driven’ to ‘capital structure governance-driven.’ Going forward, we will gradually transition toward medium to long-term financial investors and strategic investors, while building a financing structure centered on operating cash flow, industrial partnerships, and long-term capital. At the same time, we aim to reduce our reliance on highly dilutive convertible debt financing instruments with short investment cycles. We will continue optimizing our stockholder structure for long-term alignment, while also continuing legal actions against illegal short selling and market manipulation activities. V. AI System Transformation: We will not only make AI robots but also transform the company into an AI. We are fully upgrading FF into an AI First operating and management system, transitioning from ‘PPTIA’ toward ‘AI-PPTI,’ while building an AI-native enterprise operating system and a hybrid organization combining humans and AI Agents. This will accelerate the adoption of AI across governance, decision-making, operations, products, and execution. More detailed information regarding Phase One, as well as our goals and initiatives for Phases Two and Three, will be shared during upcoming company all-hands meetings. Over all these years, many things have changed. But for me personally, three things have never changed: My belief in originality for both technology and product innovation. My commitment to rewarding our stockholders and investors. And my determination to deliver on our promises. FF will rebuild organizational execution around founder spirit and partner spirit, entering a ‘zero excuses, zero internal friction, results-oriented’ operating mode as we work tirelessly to deliver on our commitments to stockholders and users. Every day when I walk into the office and see the fire in our team’s eyes, I become even more convinced that the spark we ignited 12 years ago is now burning stronger than ever. The next two years will be the most critical two years in FF’s history. The era of physical AI has arrived, and FF has the opportunity to once again stand at the forefront of the times and become an important driver of the commercialization of real EAI scenarios. FF’s brightest days are ahead of us! Thank you.” ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260517296928/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces the Company’s Comprehensive Transformation Across Five Areas: Strategy; Product, Technology and Business; Finance; Capital; and FF’s AI Operating System
US Market News
4週前
Faraday Future Announces $25 Million in New Financing, Demonstrating Institutional Investors' Confidence in the Company's Prospects; Recent Total of $70 Million in Financing to Sufficiently Support the Phase I Goals of Its Robotics Business PlanMay 15, 2026 6:51 PM
Business Wire Combined with the $45 million announced in April, the Company has secured a total of $70 million in financing over the past two months, enough to fully support the Phase 1 (by end of 2026) objective of FF EAI robotics strategy. Driven by rising demand across the FF’s four primary product lines and key application scenarios, including education, security inspection, reception and guided tours, performance, and university research, as well as the upcoming new products, the Company raised the full-year shipment target to 1,500 units. With improved strategy, fundamentals, and the latest recent financing, for the first time in years, FF has the room to shift financing decisions from liquidity-driven to capital-structure-driven. With near-term runway pressure materially eased, the Company believes it is now positioned to systematically select the financing mix that best serves long-term stockholder value, rather than accept terms dictated by short-term liquidity needs. For its EAI Vehicle business, FF expects to gradually move away from a high-cost short-term funding approach toward a business-phase fit financing mix of operating cash flow, industry partnerships, and long-term capital to accelerate returns for its stockholders. Following the conclusion of the SEC investigation with no penalties and the full return of the founding team, FF is upgrading its previous “Ten-Punch Combo” strategy into “Five Key Transformations” under AI-First philosophy. The full strategic plan set to be unveiled in YT’s Investor Weekly Report this coming Sunday. Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today announced it has entered into a Securities Purchase Agreement (the “Agreement”) with investors to issue convertible promissory notes in an aggregate principal amount of $25 million USD. The Company expects proceeds from the financing to accelerate the implementation of FF's EAI strategy to maintain FF's first-mover advantage as the first U.S. company to deliver both humanoid and bionic robots. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515336285/en/Faraday Future Announces $25 million in New Financing, Demonstrating Institutional Investors' Confidence in the Company's Prospects; Recent Total of $70 million in Financing to Sufficiently Support the Phase I Goals of Its Robotics Business Plan Pursuant to the Agreement, the investors purchased from the Company convertible promissory notes in an aggregate principal amount of $25 million USD. The shares of common stock underlying the convertible promissory notes issued in the financing are currently unregistered, subject to trading restrictions, and not immediately tradable. Of this amount, $12.5 million will be remitted directly to the Company's operating account. The remaining $12.5 million will be deposited, pursuant to controlled account agreements with each investor, into control accounts under the control of such investor and will be released to the Company upon satisfaction of certain conditions. For more information on the key terms of this financing, please refer to the Company's Form 8-K to be filed with the U.S. Securities and Exchange Commission (SEC) on or about May 15, 2026. Combined with the $45 million financing announced in April, the Company has secured a total of $70 million in financing over the past two months, enough to fully support the Phase 1 (by end of 2026) objective of FF EAI robotics strategy. Driven by rising demand across the FF’s four primary product lines and key application scenarios, including education, security inspection, reception and guided tours, performance, and university research, as well as the upcoming new products, the Company raised the full-year shipment target to 1,500 units. Evolving into a Physical AI company with the “AI First” philosophy, FF is focusing on two product engines: Embodied AI (EAI) humanoid and bionic robots, and EAI automotive robots. By building a “Three-in-One ecosystem” of “Device, Data, and Brain & Open-Source and Open Developer Platform,” the Company aims to create an evolutionary flywheel, with the goal of maximizing commercial value. The significance of this financing is not the amount itself, but that — for the first time in years with near-term runway pressure materially eased — the Company believes it can shift financing decisions from liquidity-driven to capital-structure-governance-driven. With improved strategy and fundamentals, FF expects to gradually move its EAI Vehicle business away from high-cost short-term funding approach, toward a business-phase fit financing mix of operating cash flow, industry partnerships, and long-term capital to accelerate returns for its stockholders. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s entry into the embodied AI robotics market, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to maintain its listing on Nasdaq; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company’s ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; demand for the Super One; demand for the Company’s robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics-related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to timely regain compliance with Nasdaq’s $1.00 minimum bid price requirement; that the Company’s common stock will be suspended from trading on Nasdaq if the closing price of its Class A common stock is $0.10 or less for 10 consecutive trading days; the ability to secure the necessary agreements to upgrade the Super One to an 800V architecture or to develop the AIHER model, none of which have been finalized; the Company’s ability to design and develop AIHER technology; the Company’s ability to secure financing for the 800V architecture of the Super One; the Company’s ability to secure an occupancy certificate for its Hanford facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260515336285/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Announces $25 Million in New Financing, Demonstrating Institutional Investors' Confidence in the Company's Prospects; Recent Total of $70 Million in Financing to Sufficiently Support the Phase I Goals of Its Robotics Business Plan
US Market News
4週前
Faraday Future Announces Q1 2026 Financial Results: Upgrades to a Physical AI Company, with EAI Robots Achieving Ecosystem Revenue and Positive Gross Margin, Raises 2026 Robot Shipment Target to 1,500 Units and Plans Early-June Launch of New RobotMay 14, 2026 4:15 PM
Business Wire EAI robotics emerges as the Company's new revenue engine in its inaugural quarter of deliveries. A total of $512,000 revenue in Q1 2026 nearly matches full-year 2025 revenue of $536K. Software skill package revenue accounting for 26%, operating loss narrowing 18% Year-Over-Year, and stockholders’ equity keep positive and grew 148% compared with Q4 2025. Evolving into a Physical AI company with the “AI First” philosophy, FF is focusing on two product engines: Embodied AI (EAI) humanoid and bionic robots, and EAI automotive robots. By building a “Three-in-One ecosystem” of “Device, Data, and Brain & Open-Source and Open Developer Platform,” the Company aims to create an evolutionary flywheel, with the goal of maximizing commercial value. EAI robotics shipments reached 68 units by end of April, exceeding expectations; Driven by rising demand across the FF’s four primary product lines and key application scenarios, including education, security inspection, reception and guided tours, performance, and university research, as well as the upcoming new products, the Company raised the full-year shipment target to 1,500 units, supported by a major new product launch in early June, aiming to build the first large-scale EAI robotics education system in the U.S. and serving as the primary catalyst for the inaugural year of the nation’s EAI robotics education ecosystem. The Company believes education is expected to become the largest initial application scenario in the consumer-facing robotics market. Secured $45 million in new financing to support the first phase of robotics success while optimizing its capital structure to advance long-term strategic financing initiatives; the Company continues to optimize its capital structure and is currently actively engaging with strategic investors and long-term capital to secure the remaining funding required for the mass production of the FX Super One. Upgraded internal governance to an “AI-PPTI” framework, completely reconstructing company operations with AI agents and data-driven decision making. Following the conclusion of the SEC investigation with no penalties and the full return of the founding team, FF is upgrading its previous “Ten-Punch Combo” strategy into “Five Key Transformations” under AI-First philosophy. The full strategic plan set to be unveiled in YT’s Investor Weekly Report this coming Sunday. Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today announced financial results for its first quarter ended March 31, 2026, and provided updates on key operational and strategic developments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514717453/en/Faraday Future Announces Q1 2026 Financial Results: Upgrades to a Physical AI Company, with EAI Robots Achieving Ecosystem Revenue and Positive Gross Margin, Raises 2026 Robot Shipment Target to 1,500 Units and Plans Early-June Launch of New Robot “The first quarter of 2026 marked a pivotal transition for our business as our Three-in-One EAI ecosystem strategy began forming a tangible commercial closed loop,” said YT Jia, Global CEO of Faraday Future. “We have officially upgraded our positioning to become a physical AI ecosystem company. By achieving scaled delivery of humanoid and bionic EAI robot terminals, generating positive single-product gross margins, we are rapidly converting our first-mover advantage into sustained competitive leadership.” Jia added: “Looking ahead, we will fully implement the Strategy and our industrial bridge strategy. Our priorities are building a robotics ecosystem-driven revenue base, focusing on humanoid and bionic robots, with automotive robots serving as a complementary focus, and achieving a clear path toward sustainable profitability. We will also continue advancing our long-term ecosystem of ‘Device, Data, and Brain & Open-Source and Open Developer Platform.’ With the full return of the founding team, launching and executing our upgraded set of transformation initiatives, we are positioned to drive long-term value creation, rebuild capital market trust and confidence, and enter the firm’s next phase of growth.” FIRST QUARTER 2026 HIGHLIGHTS Robotics Delivering Early Validation as a High-Margin, Capital-Efficient Growth Engine The Company’s EAI Robotics business reached a key inflection point in the first quarter of 2026, generating initial sales revenue and positive product gross margin while establishing a foundation for scaled deployment. As of April 30, 2026, FF had shipped 68 EAI robots, and May shipments are expected to continue accelerating as the Company progresses toward its first shipment quarter target of 200 units. The Company expects cumulative shipments to exceed 1,500 EAI robots in 2026. This momentum is being supported by continued expansion of the Company’s EAI Robotics strategy, including education-focused use cases, broader ecosystem development and more than 1,200 non-binding, paid pre-orders at launch. FF believes EAI Robotics provides a capital-efficient pathway to support near-term commercialization, cash flow generation and long-term EAI ecosystem expansion. On the compliance front, following the earlier certifications of the Futurist and Master humanoid robots, the FX Aegis quadruped completed its full compliance certification in the United States. As a result, all FX Aegis robots delivered to date can now be converted to formal deliveries, supporting the Company’s continued expansion in the U.S. EAI Robotics market. Unified EAI Strategy Driving Ecosystem Value The Company continued to advance its Three-in-One EAI ecosystem strategy, integrating EAI devices with the EAI Brain, Open Source and Open Developer Platform capabilities, and the EAI Data Factory. During the quarter and subsequent period, FF launched its developer portal, advanced Open Claw as a key component of its open developer platform and began applying these capabilities across FF EAI robots. The Data Factory Business Unit signed its first sales order in early May. The Data Factory continues to build capabilities for efficient, large-scale data collection, and structured processing, transforming low-cost raw data from real-world deployments into high-quality training data through advanced post-processing. Strengthened Governance and System Building To drive the “AI First” philosophy, the Company completely upgraded its internal AI governance from “PPTIA” to “AI-PPTI.” This framework transitions AI from an auxiliary tool to key infrastructure, reconstructing organizational processes to use AI agents for data-driven operations and decision making. Organizationally, the Company continued to strengthen its leadership structure, operating infrastructure, and EAI education ecosystem. The Board has acknowledged and appointed FF Founder YT Jia as Global CEO and Jerry Wang as Global Executive Chairman. The Board has also accepted Matthias Aydt’s resignation as Global Co-CEO and appointed independent director Chad Chen as Lead Independent Director. This leadership transition represents a significant organizational and governance change for the Company marking the full return of the founding team and founder-driven entrepreneurial spirit at both the Board and core management levels, and represents a key step in deepening the execution of the Company’s EAI strategy, creating long-term value for stockholders, and further reinforcing the Company’s guiding principle of putting stockholders first. To support its next stage of growth, the Company relocated its headquarters to El Segundo, CA, also known as Silicon Beach, enhancing access to senior talent and reinforcing its position within a leading technology and innovation hub. FF also established a dedicated Education Ecosystem Product Line to support the development and scaled deployment of its EAI robotics education system. In April, California State Treasurer Fiona Ma joined the unveiling of the FF EAI Robotics Education & Innovation Lab, supporting the Company’s broader efforts to expand EAI education use cases and engage with government, education and industry partners. Regulatory Clarity Achieved and Capital Structure Strengthened On March 18th, the SEC officially concluded its investigation of over four years without taking any penalties or legal action against the Company or its leadership, removing a major historical overhang. The Company leveraged this momentum to improve its capital position. The Company successfully secured $45 million in new financing from American institutional investors. Additionally, FF revised an agreement with an AIXC-designated third party to secure a $12 million subscription, replacing anti-dilution clauses with fixed obligations linked to operation milestones. Looking forward, FF remains fully committed to taking all necessary measures to satisfy Nasdaq’s minimum bid price compliance requirement during its 180-day grace period. RESULTS FOR FIRST QUARTER 2026 Revenue: For the first quarter of 2026, robotics emerged as the Company's new revenue engine in its inaugural quarter of deliveries. The company generated revenue of $512,000, representing a 62% increase from $316,000 in the same period last year, which itself nearly matches full-year 2025 revenue of $536K. This includes both device sales and ecosystem revenue, with ecosystem revenue (including SKILLS, software capability packs, etc.) accounting for 26% of total revenue. Total Stockholders’ Equity: Increased 148% to $19.2 million from the prior-year end, making the second consecutive quarter of positive equity growth. Net Loss from Operations: $35.9 million, a 18% decrease from $43.8 million in Q1 2025. G&A Expenses: Declined 33% year-over-year, from $13.7 million in Q1 2025 to $9.2 million in Q1 2026, primarily driven by a substantial reduction in professional fees, reflecting the Company's continued discipline in optimizing its cost structure. Operating Cash Outflow: Increased by 55% to $31.5 million, compared to $20.3 million in Q1 2025, primarily driven by losses from continuing operations and changes in working capital. Total Operating Expenses: $24.5 million, representing an increase of $1.8 million compared to Q1 2025. 2026 OUTLOOK Looking ahead, 2026 is expected to mark an important transition year for Faraday Future as the Company advances from initial EAI Robotics commercialization toward broader scaling of its Three-in-One EAI ecosystem strategy. The Company’s priorities are focused on increasing EAI robot deliveries, expanding education-driven use cases, improving operating cash flow and further validating the integrated Device-Data-Brain model across EAI Robotics and EAI Vehicles. EAI Robotics: Scaling a Capital-Efficient Commercial Platform The Company expects EAI Robotics to be its primary near-term commercialization priority in 2026. FF is targeting cumulative shipments of more than 1,500 EAI robots by year-end, with education expected to serve as the initial entry point for scaled deployment. Over time, the Company plans to expand into universities, research institutions, vocational education systems and additional high-value use cases, including security, inspection and other enterprise applications. From a product perspective, FF expects to initially prioritize humanoid robotics while progressively expanding into quadruped robotics and other intelligent form factors. This phased approach is intended to support real-world validation, refine products within defined use cases, establish repeatable deployment models, and develop standardized solutions that can scale over time. Building on positive product gross margin achieved in early deliveries, the Company intends to continue improving product economics through increased scale, supply chain efficiency, and ongoing product iteration. Given the lower capital requirements of robotics relative to the automotive business, FF believes EAI Robotics can support near-term revenue generation, operating cash flow improvement, and broader EAI ecosystem development. Three-in-One EAI Ecosystem: Connecting Devices, Brain and Data The Company’s EAI Robotics strategy is expected to further validate its Three-in-One EAI ecosystem, which integrates EAI Devices, the EAI Brain and Open Platform, and the EAI Data Factory. As more EAI robots are deployed across education and enterprise environments, FF expects to generate real-world data that can support model training, product optimization and continuous improvement in user experience. This feedback loop is central to the Company’s Device-Data-Brain architecture. Increased device deployment is expected to generate data, data improves the AI system, improved AI capabilities enhance product utility and stronger product performance supports further adoption. Over time, FF believes this closed-loop model can support broader commercialization opportunities beyond hardware sales, including software, data applications and ecosystem partnerships. The Company believes education is expected to become the largest initial application scenario in the consumer-facing robotics market. Strategic collaboration with educational institutions, research organizations and vocational education partners is expected to play an important role in this ecosystem. These partnerships are intended to support talent development, technology innovation, application deployment and the development of a broader EAI robotics education market. EAI Automotive Robots: Advancing FX Super One with Capital Discipline In automotive robots (EAI Vehicles), the Company will continue advancing FX Super One while maintaining a disciplined approach to capital deployment and production ramp up. Based on strategic cooperation with its bridge strategy partner, FF plans to upgrade FX Super One to a more competitive 800V architecture or accelerate the AIHER project, while pausing the original Super One 400V cooperation project. This approach is intended to improve product competitiveness, reduce near-term cash outflows and better align vehicle execution with capital availability, operational readiness and long-term stockholder value creation. The Company expects EAI Vehicles to remain an important component of its broader EAI strategy, while EAI Robotics provides a more capital-efficient pathway for near-term commercialization and ecosystem validation. Capital Strategy: Restoring Market Confidence and Improving Financing Efficiency From an operating and financial perspective, the Company is focused on strengthening revenue recognition, budgeting, cost management and monthly operating review processes to support robotics-driven revenue realization, improve margin visibility and enhance cash flow discipline. From a capital perspective, FF is shifting toward a longer-term, value-oriented capital structure. The Company intends to strengthen investor communication, reduce reliance on high-cost short-term financing channels and continue engaging strategic and institutional investors with the objective of improving financing efficiency, dilution efficiency and financial flexibility over time. Long-Term Positioning FF is officially evolving into a U.S.-based Physical AI company, focusing on two product engines: Embodied AI (EAI) humanoid and bionic robots, and EAI automotive robots. By building a “Three-in-One ecosystem” of “Device, Data, and Brain & Open-Source and Open Platform,” the Company aims to create an evolutionary flywheel of “scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and larger-scale delivery”, with the goal of maximizing commercial value. EARNINGS WEBCAST Faraday Future management will host a webcast today, May 14, 2026, at 7:30 p.m. Eastern time (4:30 p.m. Pacific time). Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company's website at https://investors.ff.com/. A replay of the webcast will be available on the Company's website shortly thereafter. More detail on FF’s 2026 Q1 earnings, when filed, can be found in our SEC filings and online at https://investors.ff.com/financial-information/sec-filings. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s entry into the embodied AI robotics market, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to maintain its listing on Nasdaq; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company’s ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; demand for the Super One; demand for the Company’s robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics-related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to maintain its listing on Nasdaq; the Company’s ability to timely regain compliance with Nasdaq’s $1.00 minimum bid price requirement; that the Company’s common stock will be suspended from trading on Nasdaq if the closing price of its Class A common stock is $0.10 or less for 10 consecutive trading days; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the ability to secure the necessary agreements to upgrade the Super One to an 800V architecture or to develop the AIHER model, none of which have been finalized; the Company’s ability to design and develop AIHER technology; the Company’s ability to secure financing for the 800V architecture of the Super One; the Company’s ability to secure an occupancy certificate for its Hanford facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. Appendix Financial Statements Faraday Future Intelligent Electric Inc.
Unaudited Condensed Consolidated Balance Sheets
(in thousands, except share and per share data) March 31, 2026 December 31, 2025 Assets Current assets Cash and cash equivalents $ 12,231 $ 34,927 Restricted cash 29 27 Digital assets 6,197 10,250 Accounts receivable 273 257 Notes receivable, net of allowance for credit losses of $4,698 and $4,555 and on March 31, 2026, and December 31, 2025, respectively 385 343 Inventory, net (see Note 4) 1,465 3,258 Deposits (see Note 5) 13,758 10,499 Other current assets (see Note 5) 7,565 8,963 Total current assets 41,903 68,524 Property, plant and equipment, net 146,932 155,303 Operating lease right-of-use assets, net 14,861 4,950 Intangible assets, net 4,647 4,639 Goodwill 23,692 25,764 Other non-current assets (see Notes 4 and 5) 18,106 18,682 Total assets $ 250,141 $ 277,862 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 53,366 $ 57,277 Accrued expenses and other current liabilities (see Note 7) 42,134 45,499 Related party accrued expenses and other current liabilities (see Note 7) 12,988 13,179 Warrant liabilities 960 1,950 Related party accrued interest 14 19,933 Other financing liabilities, current portion 1,005 951 Operating lease liabilities, current portion 1,583 1,443 Notes payable, current portion 4,349 4,432 Related party notes payable 1,510 3,507 Total current liabilities 117,909 148,171 Other financing liabilities, long term portion 47,714 46,867 Operating lease liabilities, long term portion 12,165 3,471 Notes payable, long term portion 42,018 56,234 Related party notes payable, long term portion 2,682 772 Derivative call options 5,229 10,042 Related party derivative call options 1,065 2,504 Other liabilities 2,118 2,042 Total liabilities 230,900 270,103 Commitments and Contingencies (Note 12) Stockholders’ equity (deficit) Class A Common Stock, 0.0001 par value; 307,855,751 and 228,041,297 shares authorized; 282,409,695 and 199,130,727 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 29 21 Class B Common Stock, 0.0001 par value; 4,429,688 shares authorized; 6,667 shares issued and outstanding as of March 31, 2026 and December 31, 2025 — — Preferred Stock, 0.0001 par value; 12,087,265 and 5,931,000 shares authorized as of March 31, 2026 and December 31, 2025 respectively; zero and one shares issued and outstanding as of March 31, 2026 and December 31, 2025 respectively — — Series B Preferred Stock, $0.0001 par value; 12,000,000 and 12,000,000 shares authorized as of March 31, 2026 and December 31, 2025 respectively; 6,128,378 and 7,184,760 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively — — Additional paid-in capital 4,728,901 4,673,866 Accumulated other comprehensive income 2,573 3,817 Accumulated deficit (4,743,898 ) (4,705,042 ) Total stockholders’ deficit attributable to the Company (12,395 ) (27,338 ) Noncontrolling interest 31,636 35,097 Total stockholders' equity 19,241 7,759 Total liabilities and stockholders’ equity $ 250,141 $ 277,862 Faraday Future Intelligent Electric Inc.
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data) Three Months Ended March 31, 2026 2025 Revenue $ 512 $ 316 Cost of revenue 11,890 21,381 Gross profit (11,378 ) (21,065 ) Operating expenses Research and development 6,990 6,419 Sales and marketing 5,616 2,629 General and administrative 9,195 13,674 Loss on disposal of property, plant, and equipment 328 44 Impairment of intangible assets, including goodwill 2,255 — Credit loss expense - short-term note receivable 143 — Total operating expenses 24,527 22,766 Loss from operations (35,905 ) (43,831 ) Change in fair value of notes payable, warrant liabilities, and derivative call options 2,771 51,458 Change in fair value of related party notes payable, warrant liabilities, and derivative call options 1,439 (277 ) Loss on settlement of notes payable (8,431 ) (15,920 ) Loss on settlement of related party notes payable — (1,180 ) Interest expense (2,478 ) (2,302 ) Net loss on digital assets (1,946 ) — Other income, net 2,252 1,784 Loss before income taxes (42,298 ) (10,268 ) Income tax expense (19 ) (10 ) Net loss (42,317 ) (10,278 ) Less: Net Loss attributable to noncontrolling interest 3,461 — Net Loss attributable to Faraday Future Intelligent Electric Inc. $ (38,856 ) $ (10,278 ) Per share information (See Note 16): Net loss per share of Class A and B Common Stock attributable to common stockholders: Basic $ (0.18 ) $ (0.14 ) Diluted $ (0.18 ) $ (0.14 ) Weighted average common shares used in computing net loss per share of Class A and Class B Common Stock: Basic 214,502,895 75,749,893 Diluted 214,502,895 75,749,893 Total comprehensive loss Net loss $ (42,317 ) $ (10,278 ) Foreign currency translation adjustment (1,244 ) 306 Total comprehensive loss $ (43,561 ) $ (9,972 ) Faraday Future Intelligent Electric Inc.
Unaudited Condensed Consolidated Statements of Cash Flows
(in thousands) Three Months Ended March 31, 2026 2025 Cash flows from operating activities Net loss $ (42,317 ) $ (10,278 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization expense 8,081 17,527 Amortization of operating lease right-of-use assets 1,010 553 Non-cash interest expense 1,340 814 Loss on digital assets, net 1,946 — Loss on disposal of property and equipment, net 328 44 Impairment of intangible assets, including goodwill 2,255 — Stock-based compensation (802 ) 301 Credit loss expense 143 — Accrued interest on short-term note receivable (185 ) — Payments for operating expenses made with digital assets 338 — Loss on settlement of notes payable 8,431 15,920 Loss on settlement of related party notes payable — 1,180 H.S.L. SRL. settlement adjustment — (295 ) Change in fair value of notes payable, warrant liabilities, and derivative liabilities (2,771 ) (51,458 ) Change in fair value of related party notes payable, warrant liabilities, and derivative (1,439 ) 277 Other (267 ) — Changes in operating assets and liabilities Accounts receivables (16 ) (664 ) Inventory 2,029 362 Deposits (2,678 ) (2,823 ) Accounts payable (3,761 ) (651 ) Accrued expenses and other current and non-current liabilities (1,644 ) 6,945 Related party accrued expenses and other current and non-current liabilities (349 ) 139 Operating lease liabilities (2,521 ) (703 ) Other current and non-current assets 1,377 2,515 Net cash used in operating activities (31,472 ) (20,295 ) Cash flows from investing activities Purchase of digital assets (338 ) — Sale of digital assets 2,107 — Payments for property and equipment (221 ) (1,568 ) Payments for intangible assets (274 ) — Net cash provided (used in) investing activities 1,274 (1,568 ) Cash flows from financing activities Proceeds from notes payable, net of original issuance discount 8,820 22,000 Proceeds from related party notes payable, net of original issuance discount — 1,876 Proceeds from other financial obligations — 1,133 Payments of notes payable issuance costs (487 ) (99 ) Payments of notes payable and other financing obligations (353 ) (309 ) Payments of related party notes payable (145 ) — Net cash provided by financing activities 7,835 24,601 Effect of exchange rate changes on cash and restricted cash (331 ) (419 ) Net increase in cash and restricted cash (22,694 ) 2,319 Cash and restricted cash, beginning of period 34,954 7,174 Cash and restricted cash, end of period $ 12,260 $ 9,493 View source version on businesswire.com: https://www.businesswire.com/news/home/20260514717453/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future Announces Q1 2026 Financial Results: Upgrades to a Physical AI Company, with EAI Robots Achieving Ecosystem Revenue and Positive Gross Margin, Raises 2026 Robot Shipment Target to 1,500 Units and Plans Early-June Launch of New Robot
US Market News
4週前
Faraday Future Announces that FF AI-Robotics has Signed an MOU with RobotShop, One of North America’s Leading Robotics-Focused E-Commerce PlatformsMay 13, 2026 10:07 PM
Business Wire FF’s EAI robotics products are now live and available for purchase on RobotShop’s global platform. With FF’s products now live, professional buyers across RobotShop's global network can purchase FF EAI robotics today. FF is the first U.S. company to deliver both humanoid and bionic EAI robots and to expand into the education market and has cumulatively shipped 68 EAI robots with a positive product gross margin. May shipments will continue to accelerate as the Company progresses steadily toward its first delivery quarter target of 200 units. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that FF AI-Robotics has signed an MOU with RobotShop, one of North America’s leading robotics-focused e-commerce platforms. RobotShop is FF’s first FF PAR partner in the EAI robotics category. As part of this MOU, FF's EAI robotics products are already live and available for purchase on RobotShop's platform, with the broader partnership framework to be further developed under the terms of the agreement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260513826858/en/Faraday Future Announces that FF AI-Robotics has Signed an MOU with RobotShop, One of North America’s Leading Robotics-Focused E-Commerce Platforms FF AI-Robotics can be found here: https://www.robotshop.com/search?q=FF With FF's products now live, professional buyers across RobotShop's global network can purchase FF EAI robotics today. The Company believes that the following three strategic pillars define the benefits of the collaboration with RobotShop: First, industry validation of the FF PAR model — now in market. RobotShop becoming FF's first FF PAR partner in EAI robotics, with products now live on the platform, is a significant t external validation to date of FF's co-creation ecosystem and online direct-sales model. The model is no longer a concept; it is operating in market. Second, a core gateway to global professional users — open today. With products live on RobotShop, FF achieves immediate product coverage across North America and other core global markets. This directly addresses a major constraint on the sales ramp and substantially compresses the time and cost of building proprietary channels. Professional buyers can purchase FF EAI robotics on RobotShop starting now. Third, channel infrastructure for FF’s scaled EAI education strategy — activated RobotShop's core user base overlaps closely with the EAI education ecosystem FF is building. With FF products now live on the platform, this channel is actively supporting FF's effort to build the first scaled EAI education system in the U.S. FF's EAI Robotics business is entering scaled deployment and has been validated by both the education sector and the capital markets. This reflects the Company's first-mover advantage as the first U.S. company to deliver both humanoid and bionic robots and to comprehensively expand into the education market. “Our partnership with RobotShop allows us to bring our full portfolio of EAI Robotics’ products to our users with a practical path to adoption, in an efficient, convenient platform which supports them at every step, from product discovery to distribution,” said Chris Chen, Co-CEO of FF AI-Robotics. “This partnership is a perfect fit for us as it offers strong transactional support for our mission of becoming a physical AI ecosystem company focused on EAI Robotics, matched with RobotShop’s strong global presence and reputation in the robotics industry.” As of April 30, 2026, FF has shipped 68 EAI robots with a positive product gross margin. May shipments are expected to continue to accelerate as the Company progresses steadily toward its first delivery quarter target of 200 units. The Company expects cumulative shipments to exceed 1,000 units in 2026. More importantly, market recognition of FF's EAI Robotics strategy and execution continues to grow, with the foundation for subsequent scaled deployment in process. Through ongoing robot deliveries, ramp-up, and use case expansion, FF is building a self-reinforcing “Device-Data-Brain” business model, where scaled device deliveries and deployment drive data collection and training, which feeds the AI brain, which improves product capability, which accelerates sales and deployment, which generates more data, which advances an even smarter AI brain. Through this accelerating flywheel, FF aims to rapidly convert its first-delivery first-mover advantage in robotics into a sustainably leading position. Looking ahead, on the B2B education front, the Company will focus on advancing strategic partnerships and robot procurement agreements with the first batch of K-12 schools and universities, as well as EAI education summer camps and similar initiatives. On the B2C family education front, FF expects to accelerate execution of its strategy to bring education robots into households, continuing to drive the deployment of the first scaled EAI education system in the United States. Driven by the “EAI Robotics + EAI EV” Dual-Engine Strategy, the Company is entering a new phase of growth. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ ABOUT ROBOTSHOP With nearly 25 years of experience, RobotShop has evolved into a leading global platform for robotics solutions. RobotShop is a trusted partner at every step, from discovery to deployment, from DIY kits to humanoids. We enable robotics to move from idea to real-world application, where robotics and physical AI work for humans. Everything Robotics. Infinite Possibilities. For more information, please visit: www.robotshop.com FORWARD LOOKING STATEMENTS This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s MOU with RobotShop, and the Company's EAI robotics business, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to maintain its listing on Nasdaq; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; demand for the Company's robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company's reliance on a single OEM for most of its robotics products; the Company's ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics-related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to timely regain compliance with Nasdaq’s $1.00 minimum bid price requirement; that the Company’s common stock will be suspended from trading on Nasdaq if the closing price of its Class A common stock is $0.10 or less for 10 consecutive trading days; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260513826858/en/ Investors (English): ir@ff.com
Investors (Chinese): cn-ir@ff.com
Media: john.schilling@ff.com Original: Faraday Future Announces that FF AI-Robotics has Signed an MOU with RobotShop, One of North America’s Leading Robotics-Focused E-Commerce Platforms
US Market News
1月前
Faraday Future EAI Data Factory Signs First Sales Order, Closing the Data Commercialization Loop and Advancing the “Three-in-One” EAI Ecosystem StrategyMay 12, 2026 10:33 PM
Business Wire As the first U.S. company to deliver both humanoid and bionic robots, FF holds a significant first-mover advantage in building a “Device sales - real-world deployment - data collection - Brain model tuning - real-world Brain model updates” data closed loop in the U.S. The EAI (Embodied AI) Data Factory comprises Centralized and Decentralized components and, powered by FF’s proprietary data engine, refines massive real-world raw data into high-value structured action assets directly usable for robot training, establishing a high-margin, asset-light, and recurring-purchase closed-loop data business model. Going forward, the Data Factory will continue to build capabilities for efficient, large-scale data collection, and structured processing, transforming low-cost raw data from real-world deployments into high-quality training data through advanced post-processing. At the appropriate time, FF also plans to open source select data capabilities to contribute to the advancement of the Physical AI industry. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that its Data Factory Business Unit has signed its first sales order. As a key pillar of FF’s “Three-in-One” EAI ecosystem strategy spanning Device, Brain, and Data, the Data Factory’s launch closes the EAI ecosystem’s data commercialization loop and continues to strengthen the Device-Data-Brain flywheel effect. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260512044099/en/Faraday Future EAI Data Factory Signs First Sales Order, Closing the Data Commercialization Loop and Advancing the “Three-in-One” EAI Ecosystem Strategy The Data Factory consists of two components: Centralized and Decentralized. The planned Centralized Data Factory supplies the foundational training data required for the base version of the EAI Brain, reinforcing the foundation for model iteration. The Decentralized Data Factory uses low-barrier distributed data collection to disrupt the traditional custom-built data collection approach and is tightly integrated with the real-world deployment of EAI Devices, enabling data to continuously flow back from real-world scenarios into the EAI Brain and driving ongoing evolution of model capabilities. Building on this architecture, the Company is constructing a “Device sales - real-world deployment - decentralized data collection - Brain model tuning - real-world Brain model updates” data closed loop. As the first U.S. company to deliver both humanoid and bionic robots, FF holds a significant first-mover advantage in building this closed loop in the U.S. On the product and technology side, the Data Factory leverages FF’s proprietary data engine (Data OS) to refine internet data and low-cost distributed collection data at scale into high-value structured action assets directly usable for robot training, completing the critical leap from unstructured raw data to structured training data. On the commercial side, the Company is building a high-margin, asset-light, and recurring-purchase closed-loop data business model around data services, standardized data products, and subscription offerings. Beyond supporting the closed loop of the “Three-in-One” EAI ecosystem, data produced by the Data Factory can also be sold externally to generate revenue. Within two months of launching the Data Factory, the Company has completed the initial build-out of the Decentralized Data Factory and concluded the signing of its first order, laying the foundation for scaled expansion ahead. “The formal establishment of the Data Factory is not just the realization of a key link within our ‘Three-in-One’ EAI ecosystem strategy. It also signals that FF is building core infrastructure for the Physical AI era,” said Chris Chen, Co-CEO of FF AI-Robotics. “If the EAI Brain is the engine, data is the fuel that powers its continuous evolution. Through the coordination of our Centralized and Decentralized Data Factories, we are turning every real-world Device deployment into the driving force for upgrading Brain capabilities. We look forward to working with global ecosystem partners to build the Data Factory into critical data infrastructure that advances the Physical AI industry.” Looking ahead, alongside scaling its operations and external sales, the Data Factory will develop the capability to convert low-cost real world raw data into high-quality training data through post-processing, further expanding data production scale. At the appropriate time, FF will also open source select data capabilities to contribute to the Physical AI industry. The continued build-out and expansion of the Data Factory will steadily amplify the “Device-Data-Brain” flywheel effect, rapidly converting FF’s first delivery first-mover advantage into a sustainably leading position and further solidifying FF’s strategic standing as a global leader in the EAI ecosystem. About Faraday Future Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/ Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "expect," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the future development and scaling of FF's Data Factory, the continued build-out of FF's "Three-in-One" EAI ecosystem strategy, future external sales of Data Factory output and related revenue generation, the planned development of post-processing capabilities to convert low-cost internet data into high-quality model-training data, the future open-sourcing of select data capabilities, the ongoing evolution of the EAI Brain, and FF's strategic positioning within the global EAI ecosystem, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to maintain its listing on Nasdaq; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; demand for the Company's robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company's reliance on a single OEM for most of its robotics products; the Company's ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics-related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to maintain its listing on Nasdaq; the Company’s ability to timely regain compliance with Nasdaq’s $1.00 minimum bid price requirement; that the Company’s common stock will be suspended from trading on Nasdaq if the closing price of its Class A common stock is $0.10 or less for 10 consecutive trading days; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the Company's ability to cover future warranty claims; the success of other competing manufacturers; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-K filed with the SEC on March 31, 2026; and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260512044099/en/ Investors: ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com Original: Faraday Future EAI Data Factory Signs First Sales Order, Closing the Data Commercialization Loop and Advancing the “Three-in-One” EAI Ecosystem Strategy
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