Faraday Future climbs after robotics unit deal, strategic upgrade into robotaxi operator

Faraday Future Intelligent Electric

28/09/2026 22:42

** Shares of US EV firm Faraday Future Intelligent Electric FFAI.O rise 27.6% to $1.78 in extended trading 
** Co plans to evolve its automotive business from an EV manufacturer to a robotaxi shared-mobility operator.
     ** Co also says AIxC AIXC.O proposes to acquire FFAI's robotics assets at about $200 mln valuation, aiming for a standalone Nasdaq listing of the robotics firm
** AIxC to change its name to FF EAI Robotics Ecosystem Inc. on September 30, with ticker changing from AIXC to FFR.
** FFAI Robotics business projects revenue of approximately $7.1 mln in 2026 and approximately $45.17 mln in 2027.
** Up to Monday's close, stock had fallen nearly 99% YTD

(Reporting by Angela Christy M)
((AngelaChristy.M@thomsonreuters.com;))