- \n
- \nFF successfully launched three series of robot products in Las Vegas at the annual NADA Show last week.<\/p>\n<\/li>\n
- \nNewly announced robotics business upgrades FF\u2019s overall EAI strategy and bridge strategy, strengthening the Company\u2019s existing vehicle business.<\/p>\n<\/li>\n
- \nOn February 5, FF successfully hosted a dealer summit for FX Super One and FF EAI robotics. Dozens of automotive dealers from across the United States attended the event and expressed interest in FF\u2019s proprietary FF Par sales model. Multiple dealers have already clearly expressed their intent to enter into comprehensive \u201crobot & vehicle +\u201d cooperation agreements.<\/p>\n<\/li>\n
- \nFX Super One will roll out SOD Phase 1 in Q2. At the same time, FF\u2019s robotics business is set to start deliveries by the end of February.<\/p>\n<\/li>\n<\/ul>\n
LOS ANGELES–(BUSINESS WIRE<\/a>)–
\nFaraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (\u201cFaraday Future\u201d, \u201cFF\u201d or the \u201cCompany\u201d), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.<\/p>\nThis press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260208761162\/en\/<\/a><\/p>\n
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<\/p>\nFaraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Reaffirms FF\u2019s Commitment to Both the Newly Introduced Robotics Business and Existing Vehicle Business, Which Achieved a Milestone Relating to the FX Super One to be Announced Next Tuesday<\/p>\n<\/div>\n
\n\u201cThis week, the launch of FF\u2019s EAI Robotics products generated stronger-than-expected engagement. We trended at the top of major platforms across multiple channels. Thank you, sincerely, for following our progress and for your support of FF and me. I believe FF\u2019s operating fundamentals are improving.<\/p>\n
\nThat said, in the capital markets, recent broad volatility has driven short-term sentiment swings. FFAI experienced a substantial increase in trading volume and short selling, and our share price experienced abnormal volatility and closed below $1.00 the last two trading days.<\/p>\n
\nOur EAI Robotics strategy has been very well received in the private markets, with overall recognition meaningfully stronger than what we saw in the public market this week. In other words, the feedback from the private market and the public market was completely opposite. I want to reflect on this: we did not communicate and explain the strategy clearly enough to the public, and that information gap led to deeper concerns and even misunderstandings. I\u2019ve seen comments such as: \u201cAre you getting distracted again?\u201d \u201cIs FF no longer focused on vehicles?\u201d or \u201cIs something wrong with the vehicle business?\u201d<\/p>\n
\nThe answer to each question is \u201cno.\u201d Our robotics business is an upgrade to our overall EAI strategy and our bridge strategy. It does not distract us from our vehicle business. Rather, we believe it can empower the vehicle business across multiple dimensions, including business execution, capital strategy, financial structure, product, and technology, among others.<\/p>\n
\nHere comes a big teaser, on the same day of the robotics event, we achieved a milestone relating to the Super One. We will announce the full details after market close next Tuesday. Stay tuned.<\/p>\n
\nWe firmly believe that with the build-out of our Dual-Bridge, Dual-Flywheel, Dual-Public-Company ecosystem, and with EAI EV and EAI Robotics now both activated, FFAI has undergone a fundamental and systemic upgrade. We are highly confident that this year will be FF\u2019s momentum-building year, and we are going all-in to position FF to take off next year. We firmly oppose any stock split and will be prudent with our equity issuances. We remain committed to putting stockholders first and will do everything we can to safeguard stockholder interests.<\/p>\n
\nWe believe that as our business executes, delivers, and makes tangible progress, the strategy will become clearer\u2014and many investors will return to support us. We will do everything we can to create greater value for stockholders.<\/p>\n
We will take four major initiatives to protect our stockholders:<\/b><\/p>\n
1.<\/b> I affirm once again: FF firmly opposes any reverse stock split, unless required to comply with Nasdaq\u2019s continued listing standards. We remain fully committed to maintaining or timely regaining listing compliance as a public company and delivering value to stockholders, continuing to strengthen our response in the battle against malicious short selling, accelerating FF\u2019s value return, and narrowing the gap between capital market valuation and intrinsic business value\u2014while striving to create even greater breakthroughs. Under Nasdaq regulations, if the closing share price remains below $1 for more than 30 consecutive trading days, a deficiency notice is automatically triggered, and the Company is granted no less than 180 days to regain listing compliance. We firmly believe that our four key initiatives will enable the Company to continuously strengthen its operating fundamentals while maintaining more effective and transparent communication with our stockholders and retail investors, thereby ensuring that reducing the likelihood that the Company does not trigger any Nasdaq compliance issues.<\/p>\n
2.<\/b> From a mid to long-term perspective, the robotics business could serve as a new source of cash inflow and a new growth curve, enabling FFAI stockholders to capture long-term value from the next significant market opportunity, while also potentially providing greater financial flexibility and strategic support for the vehicle business.<\/p>\n
3.<\/b> At the business level, we are accelerating the mutual empowerment between our vehicle and robotics businesses under a \u201cdual-engine EAI framework\u201d. From our perspective, vehicles and robots have evolved into fundamentally similar products\u2014both are EAI terminals. As a result, there\u2019s significant overlap across R&D, sales, and service, allowing the two businesses to generate strong synergies.<\/p>\n
\nThe significant progress we have made at the NADA Show has further reinforced our confidence that this is a mutual empowerment rather than one business coming at the expense of the other. On February 5, we successfully hosted a dealer summit for FX Super One and FF EAI robotics. Dozens of automotive dealers from across the United States attended the event and expressed interest in FF\u2019s proprietary FF Par sales model. Multiple dealers have already clearly expressed their intent to enter into comprehensive \u201crobot & vehicle +\u201d cooperation agreements. Notably, many U.S dealers, driven by strong interest in robotics collaboration, have further deepened their engagement with our vehicle business. This is a clear demonstration of how the robotics business can in turn empower the vehicle business, and we believe it serves as one of the strongest validations of our innovative model and differentiated products.<\/p>\n
4.<\/b> We will continue to enhance transparent communication with our stockholders and retail investors, helping the market better understand the unique advantages and intrinsic value of our strategy and business model. At the same time, if you become aware of any potentially illegal short-selling activity, we encourage you to reach out to us immediately.<\/p>\n
\nFX Super One will roll out SOD Phase 1 in Q2. At the same time, our robotics business is set to start deliveries by the end of February, initially targeting high-frequency scenarios with the greatest potential for scale and market impact\u2014such as dealership and showroom reception, as well as home security. The goal is to go deep, make it comprehensive, and establish benchmark use cases.<\/p>\n
\nThis year, we will remain fully committed to executing relentlessly on the homologation, initial production, and delivery of FX Super One, as well as sales and deliveries of our robotics products. We will remain focused on strengthening both our operating and capital fundamentals, while going all out to maximize value for our stockholders.\u201d<\/p>\n
ABOUT FARADAY FUTURE<\/b><\/p>\n
\nFaraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand\u2019s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF\u2019s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https:\/\/www.ff.com\/<\/a><\/p>\n
FORWARD LOOKING STATEMENTS<\/b><\/p>\n
\nThis press release includes \u201cforward looking statements\u201d 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 \u201cplan to,\u201d \u201ccan,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cfuture,\u201d \u201cpotential,\u201d 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; FX Super One production and delivery, entry into the embodied AI robotics market, and continued Nasdaq compliance, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company\u2019s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.<\/p>\n
\nImportant factors, among others, that may affect actual results or outcomes include: 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 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; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company\u2019s 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\u2019s share capital, which could result in substantial additional dilution; the Company’s ability to homologate FX vehicles for sale; the Company\u2019s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company\u2019s ability to secure an occupancy certificate for its Hanford facility; the Company\u2019s ability to continue as a going concern and improve its liquidity and financial position; the Company\u2019s 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\u2019s limited operating history and the significant barriers to growth it faces; the Company\u2019s history of losses and expectation of continued losses; the success of the Company\u2019s payroll expense reduction plan; the Company\u2019s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company\u2019s 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\u2019s vehicles; the Company\u2019s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company\u2019s vehicles; current and potential litigation involving the Company; the Company\u2019s 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\u2019s indebtedness; the Company\u2019s ability to cover future warranty claims; the Company\u2019s ability to use its \u201cat-the-market\u201d program; insurance coverage; general economic and market conditions impacting demand for the Company\u2019s 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\u2019s 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\u2019s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Company\u2019s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.<\/p>\n
<\/p>\n
View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260208761162\/en\/<\/a><\/span><\/p>\n
\nInvestor Relations (English): steven.park@ff.com
\n<\/a>
Investors (Chinese): cn-ir@faradayfuture.com
\n<\/a>
Media: john.schilling@ff.com<\/a><\/p>\nKEYWORDS:<\/b> United States North America California<\/p>\n
INDUSTRY KEYWORDS:<\/b> Technology Vehicle Technology Automotive General Automotive Automotive Manufacturing Other Automotive Manufacturing Hardware Robotics Artificial Intelligence<\/p>\n
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