The Pulse
Faraday Future Closes $200 Million Robotics Sale to Nasdaq-Listed FFR
Faraday Future completed the sale of its robotics business to Nasdaq-listed FF EAI Robotics Ecosystem on October 23, 2026. FFR forecasts about 2,000 robot sales and shipments for 2026, while stockholder approval is still required for parts
AI.info Team · Written with AI · fact-checked ·
“Combining RoboShare’s capabilities with a dedicated public-company platform for robotics positions us to accelerate technology development, AI innovation, and commercial growth while expanding the adoption of intelligent robotic solutions across everyday commercial and industrial use cases.”
YT Jia, founder and global CEO of Faraday Future
Faraday Future completed the sale of its robotics business to FF EAI Robotics Ecosystem Inc. on October 23, the companies announced October 26. The business now operates under FFR, a company already trading on Nasdaq under that ticker; Faraday Future’s shares continue trading as FFAI. The deal gives the robotics operation a listed-company platform, but does not separate it from Faraday Future’s influence.
Robotics assets move to FFR
Faraday Future’s SEC filing says the transaction transferred the robotics business, including related assets, intellectual property, data, contracts, employees and liabilities. FFR acquired all shares of FF EAI Robotics Inc., which then merged into FFR’s wholly owned acquisition subsidiary. Faraday Future says it will shift its own focus toward robotaxi and intelligent-cabin operations and a Physical AI investment holding company.
The filing describes the deal as a related-party transaction because Faraday Future controlled FFR before the closing. Independent special committees at both companies approved the transaction, and FFR’s committee received a fairness opinion from its financial adviser. The filings also provide for Faraday Future to continue supplying services to the robotics business under a transition-services agreement.
Share consideration carries voting conditions
FFR’s purchase price was set at $200 million, subject to an adjustment tied to outstanding options. It issued Faraday Future’s subsidiary 1,315,313 common shares and 65,475 non-voting convertible preferred shares. On an as-converted basis, the consideration represents 66,790,313 FFR common shares, using a price of $2.246 per share.
The preferred shares convert into 1,000 common shares each, but conversion and related issuance await FFR stockholder approval under Nasdaq rules. The shares issued to the seller are also subject to an 18-month lockup. A separate voting agreement gives FF Global Partners proxy authority over shares held by Faraday Future, YT Jia and Jiawei Wang, leaving the group with more than half the voting power for director elections. FFR also agreed to give the group the right to designate four of its seven directors.
FFR sets a 2,000-robot target
FFR expects sales and shipments to top 300 units in October, which would bring cumulative shipments above 1,100, according to the companies’ announcement. The figures are company expectations, not completed results. FFR’s first full-year forecast calls for about 2,000 robot sales and shipments in 2026, with positive gross margin on the robots.
The company describes its business as spanning humanoid and bionic robots, AI technology and industry solutions. Its planned “Four-Core Full-Stack” system includes an EAI Brain and developer platform, devices, industry productivity solutions and a data factory. FFR also operates RoboShare, a robot-sharing and services platform; Jia said the company plans to combine those capabilities with the public robotics business.
A listed robotics business, still under shared control
The transaction changes where the robotics operation sits and how it can access public markets, but the filings show that governance remains tied to Faraday Future’s leadership and affiliates. Stockholders still need to approve the specified share issuance and preferred-stock conversion, and the company’s October shipment and annual targets remain forecasts. FFR’s own October update will show whether it surpasses 300 units for the month and 1,100 cumulatively.