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Faraday Future spins its robot business into a separate Nasdaq company — Blankdot

thenextweb.com1 week ago

Faraday Future spins its robot business into a separate Nasdaq company

Faraday Future spins its robot business into a separate Nasdaq company

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…

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