Article · AI translation
IT Home reported on October 27 that Faraday Future’s official Weibo account announced this morning (the 27th) that FFR has completed its merger transaction with FFAI’s robotics business. All related businesses and assets have been transferred to FFR, and the corresponding common shares and non-voting convertible preferred shares have been issued and delivered to FFAI as planned. The move marks FFR’s listing on Nasdaq.
According to the announcement, FFR appointed Jia Yueting as CEO and Jerry Wang as executive chairman. FFR has completed the first phase of its “Built in USA” acceleration plan and brought together FF Robot World 2.0. It is accelerating efforts to turn its first-mover advantage into a competitive advantage and, drawing on its “four-core, all-intelligence” ecosystem, EAI technology strengths, and “one brain, multiple forms; multiple forms, multiple capabilities” technology roadmap, aims to build a leading Physical AI and robotics ecosystem platform in the United States.
FFR also issued its first full-year 2026 guidance: on a standalone, full-year 2026 basis for the robotics business, it expects sales and shipments of approximately 2,000 robot units while maintaining a positive gross margin.
Subject to securing the necessary financing, FFR’s five-year outlook projects revenue of approximately $45.2 million in 2027 (IT Home notes that this is approximately 302 million yuan at current exchange rates), including approximately $32.5 million (approximately 217 million yuan at current exchange rates) from the EAI robot hardware core and approximately $12.7 million (approximately 84.884 million yuan at current exchange rates) from the ecosystem’s other 3 cores. It projects sales of approximately 7,400 EAI robot units.
Over the next 5 years, the target is cumulative revenue of approximately $1.98 billion (approximately 13.234 billion yuan at current exchange rates), including approximately $1.08 billion (approximately 7.218 billion yuan at current exchange rates) from the robot hardware core and approximately $900 million (approximately 6.015 billion yuan at current exchange rates) from the ecosystem’s other 3 cores, with cumulative sales of approximately 133,000 robot units. These projections are subject to uncertainty and are not a guarantee of future performance.
Previously, Jia Yueting confidently declared that FFR would become the first pure-play U.S.-listed stock focused on a “four-core, all-intelligence” ecosystem for humanoid and bionic EAI robots. Its goal is to remain among the top 3 in the EAI robotics industry’s overall rankings over the next 5 years and to make the company one of the most valuable EAI companies in the Physical AI era.
Related reading:
“Jia Yueting Announces FFR’s Merger with FFAI’s Robotics Business for an Independent Listing, Aiming to Become the First U.S.-Listed Humanoid and Bionic Robotics Stock”