Gasgoo Munich- On January 26, Jia Yueting, founder and partner of Faraday Future, outlined the latest progress across his business portfolio, spanning FF EAI robots, the EAI flywheel, and the Crypto flywheel.
Regarding the FF EAI robot division, Jia noted that the flagship product has cleared necessary U.S. regulatory certifications and is set to officially launch sales. Certification for other initial products is advancing rapidly, with completion expected soon. The strategy is to achieve immediate launch, sale, and delivery, aiming to begin deliveries within the month of launch.
He emphasized that FF's robotics strategy is dedicated to creating real-world use cases and user value, aiming to address the industry's failure to meet essential needs. By integrating Web3 and blockchain technology, the company intends to lead the sector into a new phase of commercializing essential value. The objective is to become the first U.S. company to deliver a humanoid robot product with a positive gross margin, leveraging rapid scaled deliveries to break into the top tier of American EAI robotics firms.
On the research and technology front, Jia stated the company is actively strengthening the path for EAI EVs to empower EAI robots. It aims to rapidly transfer FF's inherent AI DNA and its years of accumulated automotive-grade AI capabilities to power the "brain" and "cerebellum" of its robots. Additionally, Jia released partial design sketches for the initial lineup of robotic products.
Image source: FF
On the capital front, Jia revealed that BlackRock has increased its stake in FFAI. As of the fourth quarter, the asset manager held approximately 9.5 million FFAI common shares—a roughly 40% increase from the third quarter. Wall Street firms have issued a "buy" rating on FFAI with a target price of $5, suggesting the current stock is significantly undervalued.
Turning to the Crypto flywheel, AIxC reported progress this week with the launch of a global talent recruitment acceleration plan. This initiative aims to accelerate the implementation of its "troika" business drivers, including RWA + EAI ecosystem products. Additionally, AIxC officially kicked off its X Space series this week, with the inaugural event drawing a strong response.
