FFR completes acquisition of Faraday Future's robotics business
FFAI•FF EAI Robotics Ecosystem completed its acquisition of Faraday Future's robotics business and related assets on October 23, 2026, in exchange for common and non-voting convertible preferred shares. The acquired business targets about 2,000 robot sales and shipments in 2026, including pre-acquisition periods, with positive unit gross margins.
1. Acquisition completed
FF EAI Robotics Ecosystem completed the acquisition of Faraday Future's robotics business and related assets on October 23, 2026. Consideration comprised common shares and non-voting convertible preferred shares delivered to Smart Technology Holdings, the seller's subsidiary. The acquired operations and assets transferred to FFR, which will consolidate the business's financial results only from the closing date.
2. 2026 targets
The acquired business targets approximately 2,000 robot sales and shipments for full-year 2026, including pre-acquisition periods, with positive unit gross margins. FFR continues trading on Nasdaq focused on humanoid and bionic robotics.
