Faraday Future’s promotional image of its robot line-up, including humanoids and four-legged robots. Credit: Faraday Future Faraday Future has completed the sale of its robotics business to FF EAI Robotics Ecosystem (FFR), which trades on Nasdaq, in an all-share deal valued at about $200M. Founder YT Jia becomes FFR’s CEO. FFR expects October shipments above 300 robots and about 2,000 for 2026.
Faraday Future has completed the sale of its robotics business to FF EAI Robotics Ecosystem (FFR), a sister company listed on Nasdaq, the companies said on Monday. The deal closed on 23 October. FFR paid in shares, not cash, in a deal that valued the robotics business at about $200M when it was agreed this month. Faraday Future should end up owning about 65.7% of FFR.
First, its new shares must be turned into ordinary stock, which needs a shareholder vote. Faraday Future founder YT Jia becomes FFR’s chief executive while staying on as CEO of Faraday Future. His nephew, Jerry Wang, is executive chairman of both companies, according to a filing with US regulators. FFR says it expects to ship more than 300 robots in October, a monthly record, taking its total past 1,100.
It expects to ship about 2,000 robots this year. Those numbers are small next to China, whose firms make almost all the world’s humanoid robots. Faraday Future had shipped 68 robots by the end of April, and said it relies on one outside manufacturer for most of them. This month, it launched a $2,490 humanoid robot for developers and schools. “The completion of this transaction marks an important milestone in establishing a dedicated public company focused on Embodied AI robotics,” Jia said.
Faraday Future was set up in 2014 to build luxury electric cars, but it has sold very few of its FF 91. Its own forecasts, which no auditor has checked, put the robotics unit’s 2026 revenue at about $7.1M. Other robot makers are also turning to public investors. US humanoid maker Agility Robotics plans to list on Nasdaq through a merger with a shell company.
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