News Release

LOS ANGELES--(BUSINESS WIRE)--Apr. 12, 2026-- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF. This week’s update will be in the form of a Q&A session with YT.

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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Twelve More EAI Robots Shipped, with Plans to Share More Progress and Milestones in Building FF’s EAI Education Ecosystem Coming Next Week

“Q1: YT, how has the recent delivery progress of your robotics business been?
A1: The progress has been quite solid. As you can see, the R&D team behind me is busy testing and rehearsing for an important event next Thursday. In April, as of this week, we have added 12 more robot units shipped. We are making steady progress toward our target of 200 units in our first delivery quarter.

Every robot we deliver means one more EAI brain and one more real-world data node being activated. This helps speed up the evolving flywheel of “Device-Data-Brain.” We are confident that, as Aegis completes FCC certification and as more benchmark use cases are deployed and refined, the ramp-up speed in our first delivery quarter will continue to accelerate.

Q2: This week, the company performed very strongly in the capital markets, with the stock price up nearly 50% in two days. What do you think is driving this?
A2: I believe the market reaction shows, and this is my gut feeling, that our users, business partners, and investors are all looking forward to scaled deliveries of our EAI robotics products. It also suggests that the value and potential of our Three-in-One EAI ecosystem strategy, together with its expanding flywheel effect, are starting to gain broader recognition.

What is even more important is that our recent announcement on the delivery of “Robot & Vehicle + Education” solutions, and our plan to build the first scaled EAI education ecosystem in the United States, has been recognized not only by the education market, but also by the capital markets. This reflects our first-mover advantage as the first U.S. company to deliver both humanoid and bionic robots, and the first to systematically expand into the education market.

We strongly believe that the education market for humanoid and bionic robots is about to enter a breakout stage. FF is building an education AI platform for both B2C family education and B2B schools and educational institutions. Its value goes far beyond robot sales alone. What we are building is an integrated ecosystem centered on hardware access, the EAI brain, AI course content, teacher training, learning-environment services, and young developer leaders. This is not just the value of a single product or a single-point solution. It is a systematic reshaping of education ecosystem value. That is also why I plan to purchase four FF EAI robots for my children, one Master and one Aegis for Ke’er and Le’er (my daughters), and another Master and Aegis for my son. I hope my daughters can become young developer ambassadors in K-12 education settings, and my son can do the same in university education settings. Together, I hope they can grow into young AI innovators and robotics KOCs, exploring how the next generation can move from being learners to becoming creators in the AI era. We plan to share more progress and milestones in building this EAI education ecosystem next week.

Q3: This week we shared a video of a robot dog delivering food, and everyone thought it was really interesting. Tell us more about it!
A3: The response has definitely exceeded my expectations. For this project, we’ve assigned Aegis a very practical task: “one-stop” food ordering and delivery. Add Aegis to your contacts list so you can wake it up and launch it anytime without having to learn a complicated interface. Behind this lies the work of our R&D team, who have continuously integrated OpenClaw into the Agent layer of FF Robotics’ EAI brain, resulting in advancements on two fronts:
a. Robots are smarter and have stronger generalization capabilities, enabling them to quickly adapt to new scenarios and apply what they’ve learned to similar situations.
b. Significantly lowered barriers to entry for Developers: OpenClaw brings no-code and low-code programming capabilities to our Open-source and Open Developer Platform. Even regular users and young friends can create and deploy Skills using natural language, thereby accelerating the development of the EAI ecosystem.
We want everyone—not just engineers—to have an EAI Agent that is truly their own. That day is approaching fast.

Q4: The annual report mentions the 800V architecture for EVs. Could you tell us more about the plans for this?
A4: Yes, this relates to the ongoing efforts to enhance the product power of Super One. We are currently exploring ways to upgrade the Super One’s original 400V architecture, with the goal of transitioning to an 800V architecture by the time the first batch of Super One vehicles enters mass production. This will significantly extend the range, greatly reduce charging time, and significantly improve powertrain performance. While focusing on timely delivery, we aim to continuously enhance our product power and technical expertise to create greater value for our users.

Q5: People are all very interested in the Ten-Punch Combo upgrades. What’s the latest status?
A5: After several rounds of brainstorming within the team, the plan for the Ten-Punch Combo upgrades is now largely complete and will soon be submitted to the board for approval. The active participation of frontline employees in these internal discussions ensures that decisions are more grounded in reality and leads to stronger execution. Once the approval is granted, we will formally announce and report the details to all stockholders in the form of a letter, and we will demonstrate the effectiveness of this round of reforms and upgrades through the actual results of their implementation. Thank you all, and we'll see you next week.”

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.

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Investors (English): ir@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com

Source: Faraday Future Intelligent Electric Inc.