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 CEO of FF.
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Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Provides New Details on FF’s Robotics Q3 Campaign, EAI Robotics Summer Camps and Insight Into FF’s Delivery, Service, and Operations Capabilities
“Welcome to our weekly report issue 62. As July begins, FF officially kicked off the “FF Robotics Q3 Campaign”. For FF Robotics, the third quarter will be focused on strengthening our foundation. We will continue to leverage FF’s five unique values as a U.S.-based EAI robotics company and accelerate the implementation of our FF EAI Robot World device strategy, built around “one brain, multiple forms” and “multiple forms, multiple capabilities.” We will deepen our efforts across four major sector and ecosystem segments, with a strong focus on education and industrial applications — two frontier markets we are actively building — while continuing to grow in inspection & security and other existing markets. Our goal is to enable increasingly specialized and professionalized FF robots to create practical value and establish closed-loop commercial models more quickly across real-world scenarios.
Today, I would like to first share the key progress from the opening move on the Q3 sales front. Starting July 6, FF will launch its first three flagship demonstration robotics summer camps. We will partner with two major public-school districts in Los Angeles — Lynwood Unified School District and El Segundo Unified School District, where FF’s new Silicon Beach headquarters is located — to host these EAI robotics summer camps. At the same time, FF will officially launch its summer camp collaboration with Triple I, a U.S. full-service education institution, providing support and enablement across products, technology, curriculum content, and the broader education ecosystem.
In addition, following our collaboration with Lynwood Unified School District, FF recently signed a strategic cooperation MOU with El Segundo Unified School District, further expanding our partnership footprint among public school districts.
With the first three flagship summer camp partners now in place — two public school district partners and one private education partner — this partnership structure has three important implications.
First, it creates a cooperation model and set of standards that can be scaled across the U.S. This will help accelerate sales conversion for FF products, drive the rapid growth of the world’s first Three-in-One EAI robotics education ecosystem, and support FF’s goal of building the No. 1 brain and No. 1 foundational model for the global EAI robotics education ecosystem.
Second, for education institutions, FF provides a complete, ready-to-deploy EAI robotics education solution and curriculum Skills, helping public school districts and K-12 education institutions bring cutting-edge AI and Physical AI education to students with a lower barrier to entry and higher standards.
Third, from the family education perspective, the summer camps will give many American children and parents their first close-up, immersive experience with EAI robots. This will help children open the door to the world of Physical AI earlier and grow into masters and creators of the AI-native era.
The second point I want to share is key progress we made in the EAI robotics education ecosystem. After becoming the star of the show at Automate, FF once again became a standout highlight at ISTE Live 2026, North America’s largest education technology conference held from June 29 to July 1, as the only U.S.-based EAI robotics company at the event. This further validated that “Physical AI + education” is becoming an emerging trend in both school district procurement and family education. Through an EAI robotics education ecosystem serving both B2C family education and B2B education institutions, FF is accelerating its expansion into mainstream North American channels and turning its first-mover advantage in early delivery into a sustainable market-leading position.
During the event, FF’s industrial-grade mobile manipulator, Faber S, also made its debut. As the Faber sub-series with the longest arm reach and the most complete embodied intelligence data-collection toolchain, Faber S is designed for wide-area operations and embodied AI data collection. Its core use cases include machine tending, material handling, logistics, and other factory applications, while it can also support research and teaching, reception and guided services, and additional scenarios. It is a true industrial-grade EAI skilled craftsman.
On the product and technology side, FF’s open-source and open developer platform recently completed several interactive human-robot courseware mini-games, including a traffic-light game. These mini-games are now in final testing and will soon launch on the FF Robot Store. While these lightweight courseware games may appear simple, they are highly suitable for educational settings. They can help increase usage frequency while also enabling the platform to validate the full loop from application development, store listing, and distribution to user feedback. This lays a strong foundation for the future productization of Skills, Agents, and data.
Finally, I would like to talk about issues, reflections, and solutions. While demand and sales continue to exceed our expectations, shortcomings in our industrialization system capabilities have also become clear. The most immediate issue is that our delivery capacity has not yet kept pace with the speed of our sales ramp-up. Internally, outside the area surrounding our California headquarters, FF’s delivery, service, and operations capabilities in other states still need to be strengthened. This is the main bottleneck limiting faster delivery. Externally, as this is a brand-new market, mature industry standards and closed-loop systems have not yet been established. At this stage, the only path forward is to deliver, explore, learn, build capabilities, and evolve at the same time — turning challenges into opportunities.
Next, as part of the Q3 Campaign, we will continue to amplify our strengths and quickly close our capability gaps. Next week, we will share more about the Q3 Campaign plan and our execution priorities. See you next week!”
ABOUT FARADAY FUTURE
Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: 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 ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics products in the education market; 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 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-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC.
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