Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: The Company Wrapped up Its First Month of Robotics Deliveries as It Marches Forward Towards Its 200-unit Delivery Target for the First Delivery Quarter

LOS ANGELES--(BUSINESS WIRE)--Mar 29, 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 press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260329647258/en/

“Today is our first time filming the weekly report at our new Silicon Beach headquarters, and I want to start by sharing something that is personally very meaningful to me. Following admission offers from Harvard's CS program and Carnegie Mellon's robotics program, my son has just officially received a full-time master’s offer from Stanford's CS department, the top-ranked program in the field of AI. This is also the school he has dreamed of most, and I am truly happy and proud for him. This good news in my child’s academic journey has further deepened my sense of mission and urgency to keep fighting in the EAI field.

March is FF EAI Robotics' first delivery month. Starting something from zero is never easy — but we're off to a strong start. We completed ahead of schedule the signing of sales contracts for 22 units, including both humanoid and bionic robots. By the end of this month, we will exceed our target of shipping 20 units in our first delivery month, and we expect to complete Aegis’ FCC certification next week. This is a solid foundation toward our 200-unit delivery target for the first delivery quarter. At the same time, we have been focusing on developing and refining use cases such as Robot & Vehicle + Education, Scientific Research, Performance, Retail, and Airbnb Operations, while continuing to bring our “6-3-3” Industry Applications and Practical Value into real-world deployment.

Next, through continuous delivery, ramp-up, and use case expansion, we will keep amplifying the flywheel advantage of FF as the first U.S. company to deliver both humanoid and bionic robots. Our ambition is to replicate in EAI robotics what Tesla built across EVs, data, and FSD. We want to build a self-reinforcing “Device-Data-Brain” cycle, where scaled deployment drives data collection and model training, which feeds the AI brain, which improves product capability, which accelerates sales and deployment, which generates more data, which advances an even smarter AI brain. Through this “Device-Data-Brain” flywheel, we aim to rapidly convert our first delivery first-mover advantage into a sustainably leading position.

Now let’s look at some more updates this week.

S1 User Ecosystem:

FF participated in "March on Crime," an annual public safety initiative led by the Houston Police Department and organized in collaboration with the community and local businesses. The Mayor of Houston and other local government officials were all in attendance. At the event, FF highlighted the applications and practical value of Aegis and Master in security and public safety scenarios: Aegis enables intelligent patrols and security visualization through fixed-point patrols; Master, through natural interaction and movement, provides information services and crowd guidance, serving as a long-term security partner for communities. Moving forward, we will also collaborate with government agencies in Houston and across the United States to expedite the deployment of FF robots in community and urban safety applications.

S2-3 EAI "Robot & Vehicle" Technology Platform and Super One:

FF has successfully established cross-platform technology sharing capabilities between EAI EV and EAI robots, enabling the sharing and reuse of multimodal interaction capabilities across devices, thereby further enhancing the product power and differentiated user experience of Super One.

S5 Capital and Finance:

FFAI will hold its fourth quarter and fiscal year 2025 earnings call and release its Q4 2025 and full-year financial results on April 1 at 7:30 a.m. Beijing Time (7:30 p.m. ET on March 31, after market close in the U.S). The call will also introduce the initial results of the EAI strategic upgrades and significant improvements to the operational system. Stockholders are invited to tune in and follow the event.

Before we knew it, this investor weekly report has been running for nearly a year. It has documented the Company’s true state, judgments, choices, and reflections at different stages. We are grateful to each and every one of you for your support and company. Our Company has recently entered a new phase. With the SEC investigation concluded without penalties, our move to a new headquarters, and the comprehensive transformation we are currently driving, we plan to experiment with upgrading our weekly report. We would very much like to hear investors’ needs and suggestions so that we can make this report even more valuable. Please feel free to leave me a message. Thank you all. 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.

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: The Company Wrapped up Its First Month of Robotics Deliveries as It Marches Forward Towards Its 200-unit Delivery Target for the First Delivery Quarter

SEATTLE (AP) — By the time Emerson Hancock’s first start of the 2025 season ended, he had recorded just two outs.

Once Hancock’s inaugural outing of 2026 concluded, though, a few very different figures lit up the scoreboard at T-Mobile Park.

Six innings.

No runs.

And most impressive — no hits.

Not only did the Seattle Mariners starter pick up his first win of the season Sunday in the team’s 8-0 victory over the Cleveland Guardians, Hancock also proved to himself in a very concrete way that he has made sizable steps forward since the spring of 2025.

After all, Hancock won a spot in the Mariners’ rotation in large part because of a spring training injury to Bryce Miller.

“A year ago, right now, we’re having a completely different conversation. Things went completely different,” Hancock said with a laugh. “But, I think that’s just part of this game. And you’re going to struggle, there’s going to be ups, there’s going to be downs.”

There were no “downs” to speak of Sunday, at least not according to the 30,800 fans on hand who rewarded the sixth overall pick in the 2020 amateur draft with a standing ovation after he worked a 1-2-3 sixth inning.

In the process, Hancock joined Félix Hernández as the only Mariners pitchers to strike out nine or more in a hitless outing of at least six innings. Hernández did so when throwing a perfect game in 2012.

Hancock’s nine strikeouts were a career high, a figure buoyed in large part by a four-seam fastball that generated nine swings-and-misses. Paired with a sweeper that Hancock spent a lot of time refining in the offseason, Hancock’s fastball kept Cleveland’s hitters off balance all evening.

“You’re playing the speed game and the break game,” Hancock said. “It’s something slower, it’s something that is breaking a lot through the zone. And if you can throw it in the zone, it can help a ton. And then the heater for me, I’m just trying to see it as the mask and just kind of rip it.”

Hancock effortlessly maneuvered through Cleveland’s lineup. The only baserunners the 26-year-old right-hander allowed came when he walked José Ramírez in the first inning and hit CJ Kayfus with a fastball in the sixth.

But after six innings and 97 pitches, manager Dan Wilson decided Hancock was done, and there was no consideration to seeing if he could produce the seventh no-hitter in Mariners history.

“What he did today was really good execution,” Wilson said. “Really hard to take a guy out after no hits, six innings. But, pitch count was where it was.”

Guardians rookie Chase DeLauter lined a clean single leading off the seventh against reliever Cooper Criswell to break up Seattle’s bid for a combined no-hitter.

Across the board, Hancock’s velocity was down relative to last season, too. He and Wilson chalked that up in part to it being early in the season. It didn’t help that the temperature hung in the low 40s all game on a chilly late afternoon in the Pacific Northwest

As much as the elements may have shortened Hancock’s start, though, they only added to its brilliance. From the outset, third baseman Brendan Donovan was impressed with Hancock’s willingness to attack hitters, evidenced by the right-hander throwing first-pitch strikes to 12 of the 19 batters he faced, as well as not allowing a batted ball against him to leave the infield.

“I feel like he had confidence in everything that was coming out of his hand,” Donovan said. “Mixing speeds, locations, high levels. Kind of in and out, down, everything seemed to be working for him.”

Such an assessment could not be applied to Hancock’s first start of the 2025 season, one he ultimately finished coming out of the bullpen as Seattle’s starting rotation got healthier. But if Hancock can spin the ball the way he did Sunday more frequently, Wilson will have tougher decisions to make beyond whether he should keep the righty in the game.

“What an incredible performance by Emerson Hancock,” Wilson said. "It was impressive.”

AP MLB: https://apnews.com/mlb

Seattle Mariners starting pitcher Emerson Hancock walks back to the dugout after facing the Cleveland Guardians during the fifth inning of a baseball game, Sunday, March 29, 2026, in Seattle. (AP Photo/Lindsey Wasson)

Seattle Mariners starting pitcher Emerson Hancock throws against the Cleveland Guardians during the first inning of a baseball game, Sunday, March 29, 2026, in Seattle. (AP Photo/Lindsey Wasson)

Seattle Mariners starting pitcher Emerson Hancock throws against the Cleveland Guardians during the third inning of a baseball game, Sunday, March 29, 2026, in Seattle. (AP Photo/Lindsey Wasson)