FF announces independent financing for robotics business: Faraday Future's "four-core all-intelligence" capital value recovery initiative

Faraday Future (FF) announced on August 6 its "four-core all-intelligence" robotics capital value recovery sub-campaign, centered on exploring independent financing for the robotics business and a future separate public listing. The initiative also includes locking the minimum conversion price of convertible bonds at no less than $5 per share, disclosing conversion progress weekly, and planning to cut total debt from $230 million to under $100 million within three to four quarters. FF said cumulative robot sales and shipments from March to July 2026 reached 157 units, and it raised its annual shipment target from 1,000 to 1,500 units, aiming to restore its market value within two years to the level of more than $4.5 billion at its 2021 listing.