LOS ANGELES, California — February 2, 2026
Executive Summary
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), a California-based global shared intelligent electric mobility ecosystem company, has released a weekly business update from Founder and Global Co-CEO YT Jia outlining a series of capital markets, product, and operational developments. The update includes confirmation that Faraday Future has signed a stock purchase agreement for the sale of $10 million of its Class A common stock to a designated third party identified by AIxC. The company also detailed upcoming milestones related to its embodied artificial intelligence (EAI) robotics strategy, including a global live launch event and the planned unveiling of its EAI Robotics ecosystem framework. In addition, the update provided operational progress across vehicle manufacturing, robotics production preparation, Middle East deliveries, and developments related to AIxC-linked initiatives.
Announcement Overview
Faraday Future announced the release of a weekly investor update delivered by Founder and Global Co-CEO YT Jia, providing a detailed overview of recent corporate, financial, and operational activity. According to the company, the update is intended to keep investors and stakeholders informed of progress across financing, product execution, and strategic initiatives.
A central element of the update is the confirmation that Faraday Future has entered into a stock purchase agreement for the sale of $10 million of its Class A common stock. The purchaser is a designated third party identified by AIxC, which will fund the transaction prior to offering expenses. The company stated that the shares will be issued based on the most recent closing price prior to the transaction’s closing date, subject to customary closing conditions and stockholder approval of an increase in authorized shares.
In addition to the financing update, the company outlined plans for its upcoming global launch event focused on EAI robotics and vehicles, as well as progress across manufacturing, robotics preparation, and regional deliveries. The update also addressed developments associated with AIxC and its stated interest in potential future tokenization models, subject to regulatory and other considerations.
Capital Markets Update and Equity Financing
According to the company, Faraday Future has signed a definitive stock purchase agreement with a designated third party identified by AIxC for the issuance of $10 million of Class A common stock. AIxC will fund the company $10 million before offering expenses, and the company will issue the shares based on the most recent closing market price prior to the closing date.
The company stated that the closing of the transaction is anticipated to occur on or before February 13, 2026, subject to customary closing conditions. One such condition includes approval of an increase in authorized shares at Faraday Future’s special meeting of stockholders scheduled for February 13.
Faraday Future emphasized that the transaction represents a pure equity financing. According to the company, there is no discount to the market price, no convertible debt involved, and no derivative instruments associated with the transaction. The shares to be issued will initially be unregistered and not immediately tradable.
The company indicated that the Class A common stock will be offered and sold in a transaction exempt from registration requirements under the Securities Act of 1933, pursuant to Section 4(a)(2) and Rule 506 of Regulation D, as well as applicable state law exemptions.
Use of Proceeds and Corporate Funding Objectives
Faraday Future stated that it intends to use the proceeds from the equity offering for general corporate purposes. These purposes may include, but are not limited to, preliminary costs associated with the FX Super One program and potential purchases of EAI robotics.
The company further indicated that use of proceeds may support production preparation, sales expansion activities, and scaled deliveries related to its EAI robotics initiatives. According to the update, allocation of funds will be aligned with corporate priorities and operational requirements as the company advances its vehicle and robotics strategies.
Faraday Future noted that the financing supports its broader capital structure objectives and ongoing efforts to secure funding necessary to execute on its product roadmap and strategic initiatives.
AIxC and Tokenization-Related Considerations
According to the company, AIxC has previously indicated a desire to explore a replicable real-world asset (RWA) financial model involving the potential tokenization of public equities, including Faraday Future Class A common stock, subject to regulatory and other considerations.
Faraday Future stated that it is not undertaking any tokenization activities itself. Any such activity, if pursued in the future, would occur solely between the designated third party purchaser and AIxC. The company emphasized that it would receive no monetary benefit from any tokenization of its shares unless AIxC were to declare a stockholder dividend at its sole discretion.
The company also disclosed that the third-party purchaser retains full discretion over the securities acquired and may choose to sell some or all of the shares instead of tokenizing them.
Upcoming Global Launch and Investor Events
Faraday Future confirmed that it will host the global live broadcast of the FF “EAI Robotics & Vehicle +” Embodied Intelligence Robotics Final Launch and FF/FX Par Summit on February 4, 2026, at 3:30 PM Pacific Standard Time. The event will take place in Las Vegas in conjunction with the National Automobile Dealers Association (NADA) Show.
According to the company, the event will be broadcast globally and will include multiple announcements related to its EAI robotics and vehicle strategies. The company invited global audiences to tune in to the live broadcast to view the presentations and product showcases.
The event is positioned as a milestone in Faraday Future’s broader EAI strategy, bringing together updates across robotics, vehicles, and ecosystem development.
EAI Robotics Product and Ecosystem Strategy
During the Las Vegas event, Faraday Future stated that it plans to unveil its EAI Robotics “Three-in-One” ecosystem strategy. According to the company, this strategy encompasses product technology, business execution, and ecosystem development.
The company also plans to introduce its “6-3-3” industry application and practical value scenarios, which are intended to illustrate use cases and deployment models for EAI robotics across various environments. In addition, Faraday Future indicated that it will announce what it refers to as the “Four Future Trends” of the EAI robotics industry.
Faraday Future stated that it will launch its first three embodied intelligence robots during the event and open paid pre-orders and full sales. The company further indicated that it is targeting delivery in the same month for at least two of the models, subject to execution and operational readiness.
Product Execution and Manufacturing Progress
In the investor update, Faraday Future provided an overview of progress across product execution, manufacturing, and delivery readiness. According to the company, following the roll-off of the first FX Super One vehicle at its Hanford facility, vehicle production and roll-off activities are continuing to support compliance testing and market-related activities.
The manufacturing team has been working to optimize and validate process documentation. As of the date of the update, the company reported that the initial version of final assembly process control plans, comprising 539 documents, has been completed.
In parallel, the company indicated that approximately 65 percent of required training and validation activities have been completed. According to Faraday Future, these efforts are intended to establish a foundation for the upcoming initial production ramp-up.
EAI Robotics Production Preparation
Faraday Future stated that its EAI robotics programs have entered the production preparation phase. According to the company, scenario-specific customization, testing, and data training activities are being conducted in parallel to accelerate the delivery process.
The company indicated that these activities are focused on aligning robotics products with anticipated deployment environments and application scenarios. Production preparation efforts are intended to support the company’s stated objective of initiating deliveries within targeted timeframes following product launch.
Middle East Operations and Deliveries
The weekly update also included information on Faraday Future’s activities in the Middle East. According to the company, two FX Super One vehicles were delivered to its UAE facility in Ras Al Khaimah during the week of the update.
The vehicles were delivered to the UAE Chinese Chamber of Commerce and Blue Sea Auto, a professional automotive service company operating in the region. Faraday Future stated that these deliveries reflect continued progress in its Middle East operations.
The company indicated that it will continue to optimize its products and service experience based on the needs of Middle Eastern users and local usage environments. According to Faraday Future, these efforts are intended to support broader adoption of EAI vehicles in the region.
AIxC-Related Updates and Data Metrics
As part of the weekly update, Faraday Future referenced additional developments related to AIxC. The company reiterated that a third party identified by AIxC has signed the $10 million equity purchase agreement for Class A common stock.
In addition, the company noted that AIxC continues to report growth in its data metrics. Faraday Future did not provide specific quantitative details but indicated that these developments are being monitored as part of its broader engagement with AIxC-related initiatives.
Regulatory Disclosures and Securities Considerations
Faraday Future included detailed regulatory disclosures regarding the Class A common stock offering. The company stated that the shares will initially be unregistered and not immediately tradable.
For additional information regarding the material terms of the offering, the company indicated that it expects to file a Form 8-K with the U.S. Securities and Exchange Commission on or around February 2, 2026.
The company emphasized that the press release does not constitute an offer to sell or a solicitation of an offer to buy its Class A common stock, nor shall it constitute an offer or sale in any jurisdiction where such activity would be unlawful prior to registration or qualification under applicable securities laws.
Forward-Looking Statements
The announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the issuance and sale of Class A common stock, product development timelines, vehicle and robotics delivery expectations, and strategic initiatives.
Faraday Future cautioned that forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other important factors that could cause actual results to differ materially from those expressed or implied. The company referenced numerous risk factors, including funding availability, regulatory approvals, market demand, competition, supply chain dependencies, and operational execution risks.
The company directed readers to its filings with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q filings, for a more comprehensive discussion of risk factors and uncertainties.
About Faraday Future
Faraday Future Intelligent Electric Inc. is a California-based global intelligent company founded in 2014. The company focuses on vehicle electrification, intelligent technologies, and artificial intelligence innovation.
Faraday Future’s flagship vehicle, the FF 91, began deliveries in 2023 and represents the company’s approach to ultra-luxury electric vehicles. The company’s second brand, FX, targets the high-volume mainstream market, with its first model, the Super One, positioned as a first-class EAI-MPV and deliveries planned to begin in 2026.
Faraday Future has also announced its entry into the embodied AI robotics business, with sales expected to begin this year. According to the company, this expansion aligns with its long-term strategy of integrating EAI vehicles and EAI robotics within a broader intelligent mobility ecosystem.
Investor and Media Contacts
Investor Relations (English): steven.park@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
Source Attribution
Source: Company announcement