Faraday Future plans to shift its automotive business from EV manufacturing to robotaxi shared-mobility operations, as part of a restructuring that also combines its robotics business with Nasdaq-listed AIxC at a valuation of approximately $200 million. The company says it will build the robotaxi business on a lighter-asset model in partnership with RoboShare, AIxC’s robot-sharing platform. Faraday Future is also repositioning itself as a Physical AI investment, incubation, and holding company.
Highlights
- Three focus areas: Robotaxi operations, EAI cabin technology for other intelligent vehicles, and connecting FF vehicles to robotaxi networks.
- ~$200 million: Market-based valuation for Faraday Future’s robotics business under a non-binding term sheet with AIxC.
- September 30, 2026: AIxC becomes FF EAI Robotics Ecosystem Inc. and begins trading under the Nasdaq ticker FFR.
How Will Faraday Future Enter Robotaxi Operations?
The company describes the change as evolving its automotive business from an EV manufacturer to a robotaxi shared-mobility operator. Faraday Future outlines three areas of focus:
- Robotaxi operations: Entering robotaxi autonomous shared mobility, including potential connectivity with the Cybercab network.
- EAI cabin technology: Exploring deployment of FF’s “3rd aiSpace” embodied AI (EAI) cabin technology in other conventional intelligent vehicles.
- Network connectivity: Enabling FF’s own vehicles to connect with robotaxi networks.
Faraday Future says it will work with RoboShare to expand its robotaxi business, including by connecting to the Cybercab network. Using RoboShare’s sharing platform and operational capabilities, the company also plans to pursue vehicle-asset onboarding, operations, and user services. According to Faraday Future, the lighter operating model is expected to substantially reduce costs.
The company ties the move to a trend toward shared vehicle use and fragmented vehicle-asset ownership. Founder and Global CEO YT Jia proposed the company’s “Four Future Trends” strategy of electrification, AI, internet, and sharing in 2014.
Robotics Business Moves to AIxC
Alongside the automotive shift, AIxC and Faraday Future have signed a non-binding term sheet, approved by both boards, to combine Faraday Future’s robotics assets and business with AIxC. AIxC’s pre-transaction valuation is approximately $55 million. AIxC is expected to discontinue its crypto strategy entirely and become a pure-play robotics ecosystem company. Faraday Future expects to be FFR’s single largest controlling stockholder once the deal closes.
Faraday Future reports cumulative EAI Device sales and shipments of 552 units through the end of August, with cumulative robotics revenue of approximately $1.52 million. Management projects the standalone robotics business will reach positive operating cash flow in the third quarter of 2028. The deal includes an expected 18-month lock-up for shares of the robotics business. It remains subject to definitive agreements, special committee approvals from both boards, and regulatory approvals.
A Holding Company Structure
Following the restructuring, Faraday Future plans to operate under a model inspired by Berkshire Hathaway and Alphabet. The company says supporting mature businesses in independent listings is intended to reduce the need to dilute parent-company stockholders. Further strategic upgrade plans are expected in the near term.
“Through this strategic upgrade, FF has the opportunity to once again become a driving force in the transformation of the automotive industry,” said YT Jia, Founder and Global CEO of FF. “FFAI plans to combine its robotics business with AIxC to create an independently listed robotics company. FFAI will also unlock value through a more open and resilient approach. This marks a new beginning for both companies and an important step for EAI and Physical AI as they move from exploration to building an industry together and toward a major leap forward.”
