Faraday completes robotics business transfer to listed FF EAI platform
Faraday Future ($FFAI) disclosed completion of the transfer of its robotics business to Nasdaq-listed FF EAI Robotics Ecosystem ($FFR). The buyer will operate the robotics activities, while Faraday remains listed under FFAI. YT Jia and Jerry Wang will lead both companies as chief executive and executive chairman respectively. Faraday described its continuing transition toward robotaxi operations, intelligent cabins and Physical AI investments. The robotics business issued its first annual guidan