Faraday Future plans to shift its automotive business from EV manufacturing to robotaxi and in-cabin technology operations while combining its robotics business with Nasdaq-listed AIxC at a valuation of approximately $200 million. Under a non-binding term sheet approved by the boards of both companies, AIxC will change its name to FF EAI Robotics Ecosystem Inc. and begin trading under the ticker FFR on September 30, 2026. Faraday Future says it will reposition itself as a Physical AI investment, incubation, and holding company, and it expects to become FFR’s single largest controlling stockholder once the deal closes.
Highlights
- $200 million: Approximate market-based valuation for Faraday Future’s robotics assets and business, against a pre-transaction AIxC valuation of about $55 million.
- 552 units: Cumulative EAI Device sales and shipments through the end of August, with cumulative robotics revenue of approximately $1.52 million.
- Q3 2028: Management’s projected timing for the standalone robotics business to reach positive operating cash flow.
- 18 months: Expected lock-up period for shares of the robotics business, with terms subject to definitive agreements.
What Changes for Faraday Future’s Automotive Business?
The company describes the move as evolving its automotive business from an EV manufacturer to a robotaxi shared-mobility operator built on a lighter-asset model. Faraday Future outlines three areas of focus:
- Robotaxi operations: Entering robotaxi autonomous shared mobility, including potential connectivity with the Cybercab network.
- EAI cabin technology: Exploring deployment of FF’s “3rd aiSpace” embodied AI (EAI) cabin technology in other conventional intelligent vehicles.
- Network connectivity: Enabling FF’s own vehicles to connect with robotaxi networks.
Faraday Future will work with RoboShare, AIxC’s robot-sharing platform, to expand the robotaxi business. The company also plans to use RoboShare’s platform and operational capabilities to pursue vehicle-asset onboarding, operations, and user services. According to Faraday Future, the lighter operating model is expected to substantially reduce costs.
The company ties the shift to a trend toward shared vehicle use and fragmented vehicle-asset ownership. Founder and Global CEO YT Jia first proposed the company’s “Four Future Trends” strategy of electrification, AI, internet, and sharing in 2014.
How the AIxC Robotics Transaction Is Structured
The proposed combination would give the robotics business a standalone listing while Faraday Future retains a controlling stake. Key terms outlined in the release include:
- Consolidation: Faraday Future expects to consolidate FFR’s financial results, subject to its resulting ownership interest, applicable accounting standards, and the definitive agreements. It also plans to increase its ownership in FFR over time.
- AIxC strategy: AIxC is expected to discontinue its crypto strategy entirely and become a pure-play robotics ecosystem company.
- Governance: The parties plan to sign an Investor Rights Agreement alongside the definitive agreements, including rights to nominate members of FFR’s board.
- Funding: Future funding for the robotics business is expected to come primarily through AIxC’s platform, which the company says could reduce financing pressure and equity dilution at the parent level.
The deal remains subject to definitive agreements, approval by special committees of both boards, regulatory approvals, and formal company announcements.
Robotics Business Progress and Projections
Faraday Future reports that in less than one year, its EAI robotics business completed Phase One of its “Built in USA” Acceleration Program and launched 24 FCC-certified products across three robot forms, with customer deliveries underway. The company’s EAI Brain has entered engineering testing and delivery, Developer Platform 1.0 is live, and RoboShare has secured multiple paid orders.
Preliminary management projections for the standalone robotics business, which the company notes may change materially, include:
| Metric | 2026 | 2027 | Five-Year Outlook |
|---|---|---|---|
| Revenue | $7.1 million | $45.17 million | ~$1.98 billion cumulative |
| Gross margin | Positive | 30.5% | ~54% in 2030 |
| EAI Device unit sales | 2,001 | 7,400 | 130,000+ cumulative |
Management also projects cumulative five-year R&D investment of approximately $300 million. Ecosystem revenue as a share of total robotics revenue is expected to rise from 22% in 2026 to 49%.
A Holding Company Model
Following the restructuring, Faraday Future plans to operate under a model inspired by Berkshire Hathaway and Alphabet, supporting mature businesses in pursuing independent financing and listings. The company says this approach is intended to reduce the valuation discount of bundling its businesses together and limit dilution of parent-company stockholders. Additional strategic upgrade plans are expected in the near term.
“Through this strategic upgrade, FF has the opportunity to once again become a driving force in the transformation of the automotive industry,” said YT Jia, Founder and Global CEO of FF. “FFAI plans to combine its robotics business with AIxC to create an independently listed robotics company. FFAI will also unlock value through a more open and resilient approach. This marks a new beginning for both companies and an important step for EAI and Physical AI as they move from exploration to building an industry together and toward a major leap forward.”
