Faraday Future spins its robot business into a separate Nasdaq company
Covered by 2 sources
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Faraday Future has spun off its robotics business into FF EAI Robotics Ecosystem (FFR), a Nasdaq-listed company valued at about $200 million in an all-share deal. Founder YT Jia leads FFR as CEO, with the company expecting to ship over 300 robots in October and around 2,000 in 2026.
