Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Record Q2 Revenue, EAI Robotics Entering a Phase of Positive-Gross-Margin Volume Growth, and Accelerated Debt Reduction

LOS ANGELES, August 17, 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 CEO of FF.

"Hello, everyone. Welcome to Issue 68 of our Weekly Report. Here are this week's key highlights:

1. FFAI reported record revenue for the second quarter, while its EAI robotics business entered a phase of scaling sales at positive gross margins and rapidly growing revenue.

2. During the second half of 2026, we will continue advancing our "Five New Transformations" and fully execute our "Four-Core Full-Stack AI" Q3 Robotics Practical Deployment Campaign.

3. We will implement a comprehensive debt reduction and resolution program and continue advancing our Capital Value Restoration Sub-Campaign, while exploring independent financing and a potential separate listing for the robotics business.

4. We are accelerating the "Built in USA" Acceleration Program, including Phase Two, "Assembled in USA," for seven FCC-certified robot models.

5. Jerry Wang represented FF at the 2026 J.P. Morgan industry conference in New York, engaging with more than 500 Wall Street investors.

First, FFAI released its second-quarter results this week, reporting record revenue. Our EAI robotics business has entered a phase of scaling sales at positive gross margins and rapidly growing revenue. FF's seven unique value advantages are gradually translating into operating results, and the Company reduced debt by more than $100 million year over year.

During the second half of the year, we will continue advancing our "Five New Transformations" and fully execute our "Four-Core Full-Stack AI" Q3 Robotics Practical Deployment Campaign through the following initiatives:

On the business side, we will further implement each part of the "Four-Core Full-Stack AI" ecosystem and expand revenue.

First Core — EAI Robot Bodies: We will accelerate the ramp-up of sales, shipments, and deliveries, with a focus on expanding in California, Texas, New York, and the U.S. East Coast. We are working toward our goal of reaching 2,000 cumulative robot sales and shipments by year-end.

Second Core — EAI Brain: We will deepen the integration of NVIDIA's technology stack with FF's EAI Brain, robotics platform, and data infrastructure; advance GR00T training and validation for complex grasping and multi-step operations; and move SONIC from simulation toward whole-body control on physical robots, accelerating cross-form-factor and cross-platform capability transfer.