Senior General Ledger Accountant

Faraday Future plans US robot factory as it expands beyond electric vehicles. Discover more Automation Consulting Service Industrial Robot Sales Industry Reports Faraday Future is planning to bring a robotics factory online in the United States by the end of 2026 as the electric vehicle company accelerates its expansion into humanoid and other embodied AI robots. The California-based company says it aims to have the first new robot from its "Built in USA" program roll off the production line in February 2027, followed by progressively greater localization of robot manufacturing in the United States. Faraday Future, best known for its FF 91 electric vehicle, is evaluating a retrofit of its existing Hanford, California factory as well as possible locations for a new robotics facility. The plans form part of a three-stage manufacturing strategy under which the company initially intends to assemble robots in the US before moving towards domestic production of key components. By the fourth quarter of 2028, it is targeting what it calls "Made in USA" production for its embodied AI devices and a number of critical components. Discover more Robotic Process Automation Source Robotics Humanoid Robot Kits The first two robots selected for the program are Next Futurist, a full-size humanoid, and Next Aegis, a quadruped robot. Next Futurist is being developed for research and education, industrial applications, services and inspection, while Next Aegis is aimed at education, inspection, security and other applications. From electric cars to robots. The move raises an obvious question about Faraday Future's direction. The company has spent more than a decade developing electric vehicles, but now describes itself as a "Physical AI ecosystem company" focused on both robotics and mobility. It does not appear to be abandoning cars. Instead, FF is attempting to put vehicles and robots under the same broader embodied AI strategy. Its reasoning is that both can share elements of an AI technology stack - including models, software development tools, data collection and training infrastructure - even though the physical products themselves are very different. FF calls this its "Four-Core Full-Stack AI" ecosystem, comprising its EAI Brain, EAI Devices, Industry Productivity Solutions and Developer Platform, and EAI Data Factory. YT Jia, founder and global CEO of Faraday Future, said: "Robotics companies fall into two types: EAI robotics companies and non-EAI robotics companies. "What sets an EAI robot apart is a combination of critical capabilities, including an intelligent brain, foundation models, a physical embodiment, and the ability to generalize across different tasks and environments. EAI robotics companies tend to bring substantially greater value." Faraday Future holds first robotics partner conference. FF detailed the manufacturing plan at its first EAI Robotics "Built in USA" Upstream & Downstream Business Partner Conference at its Los Angeles headquarters. The event also marked a broader push to build a commercial ecosystem around the company's robotics activities. FF has opened nationwide recruitment for distributors, industry solution providers and developers, AI companies, and data and robot skills partners. The company says shipments from its robotics business have now exceeded 400 units and generated a positive contribution margin during the first half of the year. It is also expanding its robotics education business. FF says it has established partnerships with two California public school districts - Lynwood Unified and El Segundo Unified - covering approximately 22 K-12 schools, and is developing another 11 potential education partnerships across 10 US states. Another part of the strategy is RoboShare, a robot rental and sharing platform operated by AIxC, in which Faraday Future is the majority shareholder. FF describes the concept as an "Uber + Turo"-style platform intended to allow robots to be rented and operated as shared productive assets rather than simply purchased outright. The company says RoboShare has completed its first paid commercial order and secured a one-year robot rental order worth $33,000. Faraday Future says it plans to invest at least $5 billion in the United States over the next 10 years and launch and manufacture three to five new or next-generation robotics products in the country each year. Jia said: "FF combines deep roots in the United States with its role as a global Embodied AI industry bridge, and today's conference brought together many new ideas from the Company. "FF is extending an invitation to all potential partners around the world: Let's bring the best technologies, products, and supply chain capabilities to the United States, create value here, Built in USA, Benefit the World."

Emerging Growth Research issues flash report on Faraday Future Intelligent Electric. NEW YORK, October 2, 2026 (Newswire.com) - Emerging Growth Research ("Emerging Growth Research" or "EGR") today announced the release of its company-sponsored research flash report on Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI), a physical AI ecosystem company focused on robotics and mobility solutions through AI innovations and technology. Key Highlights * Business Transformation - Faraday Future announced that it is upgrading into a Robotaxi and EAI Cabin (Intelligent cabin) shared mobility operations company and a Physical AI investment holding company, while evolving its automotive business from an EV manufacturer to a Robotaxi shared-mobility operator. * Robotics Business Transaction - Faraday Future plans to transfer the assets of its robotics business to FF EAI Robotics, formerly AIxC, which has changed its ticker symbol to FFR. FFR proposes to acquire and consolidate FFAI's robotics assets and businesses at a market-based valuation of approximately $200 million. * Proposed Ownership Structure - Upon completion of the proposed transaction, FFAI is expected to become FFR's single largest controlling stockholder. FFAI also plans to continue increasing its ownership in FFR over time and expects to consolidate FFR's financial results into its own financial statements subject to its resulting ownership interest, applicable accounting standards and definitive agreements. * Robotics Growth Projections - Preliminary management projections for the FF EAI Robotics business contemplate approximately $7.1 million of unaudited revenue in 2026 at a positive gross margin and approximately $45.17 million in 2027 at a 30.5% gross margin. Cumulative 2026-2030 revenue is projected at approximately $1.98 billion, with cumulative EAI Device sales exceeding 130,000 units. * Path to Positive Operating Cash Flow - Based on preliminary management projections, the FF EAI Robotics business is projected to reach positive operating cash flow in the third quarter of 2028. * Capital Structure Under Review - EGR notes that the capital structure and remaining assets and liabilities of FFAI are not entirely clear based on currently publicly available information. EGR's financial models are under review and will be updated when sufficient information becomes publicly available. Full Report The full Faraday Future Intelligent Electric, Inc. Flash Report from Emerging Growth Research is available at: About Faraday Future Intelligent Electric, Inc. Faraday Future Intelligent Electric, Inc. (NASDAQ:FFAI) is a physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovations and technology. The Company focuses on embodied AI robotics, including EAI humanoid and bionic robots, EAI automotive-focused robots and the EAI Brain. During Q2:26, the Company expanded its strategy into a Four-Core, Full-Stack AI ecosystem encompassing the EAI Brain, EAI Devices, EAI Data Factory, and Industry Productivity Solutions and Developer Platform. About Emerging Growth Research Emerging Growth Research LLC ("EGR") is a research firm focused on emerging growth companies, including small-, micro- and nano-cap companies across healthcare, biotechnology, energy, metals and mining, technology and other emerging industries. EGR provides research reports, quarterly updates, flash reports and other investor-focused content covering emerging growth companies. Emerging Growth Research also provides company-sponsored research services. The research referenced in this press release is company-sponsored research. Forward-Looking Statements This press release contains forward-looking statements concerning Faraday Future's business transformation, the proposed robotics transaction, ownership and consolidation of FF EAI Robotics, financial projections, operating cash flow expectations, commercialization initiatives, future revenue opportunities and growth expectations. These statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied. Important risk factors include, but are not limited to, uncertainty regarding the capital structure and remaining assets and liabilities of FFAI, the completion and terms of the proposed transaction, demand for the Company's products, the Company's ability to commercialize its robotics and AI technologies, manufacturing and deployment challenges, the timing and amount of future revenue, the Company's ability to raise additional capital, potential dilution, competition, technology development risks, and the Company's ability to execute its business strategy. Disclosure This report was prepared for institutional and professional investors ONLY, and it is also known as Company Sponsored Research ("CSR"). Collectively, however ("EGR Report(s)"). Be advised that this EGR Report is being provided by Emerging Growth Research LLC (EGR) solely for informational purposes, is not the opinion of EmergingGrowth.com (EG), should not be construed as an offer or solicitation to buy or sell securities, and should not be considered in any decision to buy or sell any security mentioned within the EGR Reports. All information contained in the EGR Report as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive, timely, or correct. The information includes certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. Because EGR is compensated as detailed herein and EG receives Licensing fees from EGR, as also detailed herein, EG and EGR have a conflict of interest and strongly urge you to consult your own independent financial, investment, tax, and legal advisors prior to purchasing or selling any securities mentioned herein. The analyst that has prepared and is responsible for the content of this report has stated that neither he/she, nor any of his/her associates both professional and personal, to the best of his/her knowledge have no personal or professional relationship with any of the companies or principals of any companies mentioned within, other than providing services that EGR may offer. EGR is being compensated by the subject Company of this report. EGR was paid twenty-six thousand dollars and expects to receive an additional two thousand dollars over the following five months. EGR may have also received additional past compensation, EGR may receive future compensation, and EG may receive compensation for additional services such as presenting on the Emerging Growth Conference or investor or public relations services, details about which can be found in the full disclosure, here: (https://emerginggrowth.com/faraday-egr-report-disclosure/). It is the intent of EGR to provide continuing coverage on a quarterly basis, or otherwise for the subject Company of this report; however, EGR and EG will not notify readers of this report if coverage by EGR, for any reason is terminated. The reader or user of this content agrees that neither EGR and / or EG nor the analysts, directors, officers, employees, representatives, independent contractors, agents or affiliates of EGR and EG shall be liable or held liable for any omissions, errors, or inaccuracies, regardless of cause, foreseeability, or the lack of timeliness of this or any of our other reports to users. This lack of liability extends to direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, losses, lost income, lost profit, or opportunity costs. Again, all information contained herein should be independently verified by your own research and your own independent financial, investment, tax, and legal advisors prior to purchasing or selling any securities mentioned herein. In addition to the specific disclosures mentioned herein, you are encouraged to read our general disclosure here: EmergingGrowth.com/Disclosure. Rating Definitions Buy, 30% or greater price appreciation in the next 12 months. Buy-Extended, near-term EPS and/or revenue horizon is challenging with strong long-term appreciation possibility. Buy-Emerging, initial stages with low revenue and the potential for large returns with higher risk and volatility. Hold, perform similar to market. Sell, 30% or more decline in the next 12 months. No part of this material may be copied, photocopied, or duplicated in any form by any means or redistributed without the prior written consent of Emerging Growth Research LLC.

TMCnet News [October 01, 2026] | / | Faraday Future Showcases its EAI Robotics World 2.0 at IROS 2026; Its Four-Core Full-Stack AI Ecosystem and Industry Productivity Solutions Receives Positive Industry Response as the Company Actively Recruits In-House Development Partners Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future," "FF" or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, wrapped up its participation at the 2026 IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS 2026) in Pittsburgh, Pennsylvania, that took place from September 28 through September 30, 2026. The company also highlighted the ongoing development of its "One-Brain Multi-Form Multi-Capability" FF EAI Robot World 2.0. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261001311698/en/ Faraday Future Showcases its EAI Robotics World 2.0 at IROS 2026; Its Four-Core Full-Stack AI Ecosystem and Industry Productivity Solutions Receives Positive Industry Response as the Company Actively Recruits In-House Development Partners IROS is one of the largest and most impactful robotics research conferences worldwide. Pittsburgh is widely recognized as "a leader in robotics research" and is a city at the forefront of robotics innovation, with a strong concentration of robotics companies, research institutions, universities and industry resources. During the event, FF showcased multiple EAI robot products, introduced the "Built in USA" Acceleration Program, and engaged with guests and partners across the global robotics, artificial intelligence, research and industry application communities through product demonstrations, hands-on experiences and discussions. The All-New Futurist drew particular attention for its mobile operation, flexible task execution and potential applications across multiple scenarios. For the EAI Brain and Developer Platform, developers actively discussed with the Company regarding robot capability development, application scenarios, and ecosystem co-creation. At the same time, FF is actively recruiting in-house development partners. Through the EAI Data Factory, FF also engaged with potential data partners to discuss real-world data collection, data collaboration, and the role of data in continuously improving EAI robot capabilities. The company engaged with industry professionals regarding its four Industry Productivity Solutions, which span multiple industry applications. The Research Solution attracted interest from multiple leading research institutions and universities. Participants held in-depth discussions with FF regarding robotics research, education and teaching applications, and potential opportunities for deeper cooperation. In addition to product and ecosystem engagement, FF advanced its talent recruitment efforts during IROS 2026, seeking professionals in robotics research and development, artificial intelligence, data, and industry solutions. FF's participation in IROS 2026 represents an important step in advancing the EAI robotics business, expanding the Company's global industry ecosystem and accelerating implementation of its "Built n USA" strategy. "Participating in IROS 2026 gave us the opportunity to engage directly in Pittsburgh, a city at the forefront of robotics innovation, with guests, developers, industry partners, universities and research institutions from across the field," said YT Jia, Founder and Global CEO of FF. "We will continue to recruit in-house development partners, build our talent base, accelerate implementation of our 'Built in USA' strategy and bring EAI robots into more real-world industry applications." The Company announced earlier this week that FFAI and AIxC have entered into a non-binding term sheet contemplating the proposed combination of FFAI's robotics assets and businesses into AIxC at an estimated market valuation of approximately $200 million. AIxC has been renamed FF EAI Robotics Ecosystem Inc. ("FFR"), with the proposed transaction intended to advance the robotics business toward an independent public listing. ABOUT FARADAY FUTURE Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a "Four-Core Full-Stack AI" ecosystem of EAI Brain and Developer Platform, EAI Devices, Industry Productivity Solutions and EAI Data Factory, FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future's official website: https://www.ff.com/ FORWARD-LOOKING STATEMENTS Important factors, that may affect actual results or outcomes include, among others: 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; the willingness of convertible debt investors to fund the Company; demand for the Company's robotics products; the ability of B2B preorder companies to locate customers to purchase its 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 ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company's robotics products in the education market; the ability of the Company to expand into additional markets for its robotics products; the Company's reliance on a single OEM for most of its robotics products; the Company's reliance on Chinese OEMs for all of its robotics products; the possibility of the federal government banning imports of Chinese 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 them 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 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-Q for the quarter ended June 30, 2026, filed with the SEC on August 13, 2026; the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20261001311698/en/ [ Back To TMCnet.com's Homepage] |