Faraday Future Supports AIxC’s Full Strategic Pivot to Physical AI and Robot-Sharing and Rental Operations; RoboShare Completes Its First Paid Commercial Order, With an Initial[...]

• As AIxC's majority and controlling shareholder, FF supports AIxC's orderly exit from its digital asset treasury strategy and its full focus on robot sharing and rental, operations, and commercialization. FFAI and AIxC intend to establish a stronger synergistic relationship and ecosystem flywheel.

• AIxC's robot-sharing and rental platform, RoboShare (https://roboshare.com/), has completed its first paid commercial order. An initial fleet of more than 80 robots, including units sourced through FF users and customers and AIxC's own user base, have been onboarded to RoboShare's initial supply pool and are available for commercial deployment. RoboShare has also officially launched its "Ten-City Strategy," beginning in Los Angeles.

Los Angeles, CA (August 18, 2026) - Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future," "FF," or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today announced its support for an orderly exit by AIxC Holdings, Inc. (NASDAQ: AIXC) ("AIxC"), of which FF is the majority and controlling shareholder, from its digital asset treasury strategy. AIxC intends to focus on Physical AI and robot sharing and rental, operations, and commercialization.

The two companies will establish a closer relationship based on dual empowerment. Through its "Four-Core Full-Stack AI" ecosystem, full-form FF EAI Robot World, FF EAI technology platform, and continued efforts to accelerate "Built in USA," FFAI will provide AIxC with strategic, product, technology, business, and capital-market support.

RoboShare, AIxC's robot-sharing and rental platform, aims to build an "Uber + Turo" model for robotics-a robot-sharing network and operating platform that gives robots a second life cycle and shared value. The platform seeks to transform robots from products sold through one-time hardware transactions into a new type of productive asset capable of generating sustainable revenue, while further driving sales.

RoboShare Completes Its First Paid Order and Officially Enters Commercial Operations

On August 15, 2026, RoboShare completed its first paid commercial order, marking the platform's transition from development and launch into commercial operations and initial revenue generation. The platform began the first market activation under its planned Ten-City Strategy, starting in Los Angeles.

RoboShare's first commercial project is expected to be deployed at an event in Malibu, California, and will include six robots across three categories: one FF Master humanoid robot, four Aegis Pro quadruped robots, and one compact Navi quadruped robot. RoboShare will also provide customized performance production and content design services for the project, offering an initial validation of its ability to combine multiple robot form factors, execute scenario-based operations, and monetize services.

RoboShare's first customer is DU$TY, also known as Dusty the Rapper. He is a Los Angeles-based artist, rapper, comedian, and content creator whose verified Instagram account has more than 7.1 million followers. He is also active on platforms including TikTok and YouTube. The parties may explore additional cooperation across music, comedy, content production, and live events, potentially creating recurring demand for robot deployments.

RoboShare's initial fleet of robot products is now in place, establishing the foundation needed to begin commercial operations, expand the platform's product offerings, and develop the market.

FFAI to Provide AIxC With Comprehensive Strategic, Product, Technology, Financial, and Capital Support

From a strategic perspective, FFAI's "Four-Core Full-Stack AI" Ecosystem Strategy and its continued efforts to accelerate "Built in USA" will provide strategic, compliance, and industry ecosystem support as AIxC focuses on robot sharing and rental, operating services, and commercialization.

From a product and ecosystem perspective, FFAI intends to provide AIxC with systematic support spanning robot products and operating solutions through the EAI Brain, EAI Device, Industry Productivity Solutions, and the Developer Platform, and EAI Data Factory.

The six product series within the full-form FF EAI Robot World cover multiple robot form factors, including humanoid robots, mobile manipulators, and quadruped robots. This portfolio can support RoboShare's gradual expansion across education, industry, security and inspection, performance and entertainment, and other established markets. The deployment of FF Master, Aegis Pro, and Navi in the platform's first order also provides an initial demonstration of how multiple robot form factors can jointly serve a single project.

From a technology perspective, FFAI will support RoboShare's operations through capabilities including its self-developed EAI Brain, VLA + World Model, Skills and Agent system, open-source and open developer platform, and EAI Data Factory.

From a business and financial perspective, FFAI's product portfolio and ecosystem capabilities may help RoboShare expand its supply of available robots, lower barriers to customer adoption, and explore revenue models including rentals, services, rent-to-own programs, and customized operations. These efforts are intended to help AIxC gradually establish a sustainable business model centered on transaction and service revenue.

From a capital-market perspective, as AIxC's majority and controlling shareholder, FFAI intends to support AIxC in improving its operating fundamentals and unlocking the potential capital value associated with Physical AI and commercial robotics operations.

RoboShare to Support FFAI's Sales, Revenue Growth, and Product and Technology Iteration

Sales: Through robot-sharing rentals and scenario-based experiences, RoboShare can help convert more users into prospective purchasers, creating new opportunities for FFAI's robot sales and deployments, as well as ecosystem revenue from software, Skills, and industry services.

Financial performance: As robot utilization and recurring service revenue increase, RoboShare may further enhance the lifetime value of each robot and strengthen FFAI's potential to generate recurring revenue and improve operating cash flow.

Product iteration and data accumulation: Subject to customer consent, applicable data-rights arrangements, privacy requirements, and applicable law, RoboShare's real-world operating scenarios may continuously generate customer feedback and compliant operating data that can feed back into the EAI Data Factory, EAI Brain training, robot-device iteration, and upgrades to Industry Productivity Solutions. This may accelerate the "Four-Core Full-Stack AI" ecosystem evolution flywheel of "device deployment-scenario operations-data accumulation-product evolution-more deployments."

Capital value unleashing: Growth in AIxC's business and value may also increase the potential value of FFAI's equity interest. RoboShare's future paid transactions, equipment utilization rates, and scaled operating results may provide additional quantifiable validation of FFAI's robotics commercialization capabilities and help unlock its potential capital value.

"We support AIxC in further sharpening its focus on Physical AI and commercial robotics operations," said YT Jia, Founder and Global CEO of FF. "Together, we will create a dual flywheel in which products and technology empower operations, while operations feed back into sales and evolution. Our shared goal is to transform robots from products sold through one-time hardware transactions into productive assets capable of continuously creating value."

During the next phase, RoboShare plans to focus on validating recurring customer demand, robot utilization, and its operating model. It intends to expand the platform's product categories, customer base, and ecosystem partnerships while using Los Angeles as the starting point to develop a replicable operating model for the phased rollout of its Ten-City Strategy. FFAI also intends continue to support AIxC's robot-sharing and commercialization operations through its "Four-Core Full-Stack AI" ecosystem and continued efforts to accelerate "Built in USA."

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, Device, Industry Productivity Solutions and Developer Platform, and 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

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "expect," "intend," "believe," "may," "potential," "future," and variations of these words or similar expressions, including their negative forms, are intended to identify forward-looking statements.

These forward-looking statements include, among other things, statements regarding AIxC's orderly exit from its digital asset treasury strategy and its future focus on Physical AI and robot sharing and rental, operations, and commercialization; the development, operation, commercialization, and expansion of RoboShare; the anticipated benefits of the dual empowerment and strategic relationship between FFAI and AIxC; FFAI's ability to provide AIxC with strategic, product, technology, business, financial, and capital support; the anticipated benefits of FFAI's "Four-Core Full-Stack AI" ecosystem, full-form FF EAI Robot World, FF EAI technology platform, and efforts to accelerate "Built in USA"; RoboShare's ability to generate recurring customer demand, increase robot utilization, develop sustainable revenue streams, and successfully execute its Ten-City Strategy; the expansion of RoboShare's robot offerings, customers, and ecosystem partnerships; the ability of RoboShare's rental operations and scenario-based experiences to support FFAI's robot sales, deployments, software, Skills, and industry-service revenue; the potential to increase the lifetime value of each robot, generate recurring revenue, and improve operating cash flow; the ability of real-world operating data and customer feedback to support the EAI Data Factory, EAI Brain training, robot-device iteration, and Industry Productivity Solutions; and the potential for AIxC's business development and commercialization results to increase the value of FFAI's equity interest and help unlock potential capital value.

These forward-looking statements involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside the control of FFAI and AIxC, that could cause actual results or outcomes to differ materially from those expressed or implied by the forward-looking statements.

Important factors that may affect actual results or outcomes include, among others: AIxC's ability to complete and successfully execute its strategic transition away from its digital asset treasury strategy; the costs, obligations, liabilities, or other consequences associated with that transition; the ability of AIxC and RoboShare to develop and operate a commercially viable robot-sharing and rental platform; customer demand for robot rentals, robot-sharing services, customized operations, and related services; the ability to generate repeat business and sustainable transaction and service revenue; the ability to maintain, insure, transport, deploy, operate, and service robots safely and efficiently; the availability, reliability, performance, and utilization of robots made available through RoboShare; the ability to scale RoboShare's operating model beyond Los Angeles and successfully execute the Ten-City Strategy; the ability to obtain any required permits, licenses, approvals, and insurance coverage; risks involving personal injury, property damage, product liability, service interruptions, cybersecurity, privacy, and the collection, use, protection, and regulatory compliance of operating data; the ability to attract and retain customers, operators, service providers, employees, and ecosystem partners; the willingness and ability of FF users, customers, AIxC users, and other third parties to make robots available through the platform; the performance of third-party manufacturers, suppliers, logistics providers, and technology partners; competition in the robotics, robot-rental, sharing-platform, and Physical AI industries, including competition from companies with greater experience, resources, funding, and name recognition; the ability of FFAI and AIxC to successfully coordinate their respective products, technologies, platforms, operations, and commercial strategies; potential conflicts of interest arising from overlapping ownership, management, governance, or business relationships between FFAI and AIxC; changes in FFAI's ownership or control of AIxC, including dilution resulting from future securities issuances; the ability of FFAI and AIxC to realize the expected operational, commercial, financial, and capital benefits of their relationship; and the availability of sufficient capital and liquidity to execute the strategies described in this press release.

Additional factors include demand for FFAI's robotics products; competition in the robotics industry; FFAI's reliance on third-party OEMs and suppliers for robotics products; the ability of those OEMs and suppliers to timely supply compliant robotics products; the ability of FFAI's robotics products to comply with applicable U.S. laws, rules, regulations, and safety requirements; tariff and trade uncertainty, particularly for imported products and components; FFAI's ability to develop and protect its technologies and intellectual property; FFAI's ability to protect against cybersecurity risks; FFAI's ability to maintain compliance with Nasdaq listing requirements; FFAI's ability to continue as a going concern and improve its liquidity and financial position; FFAI's ability to pay its outstanding obligations; the availability of sufficient authorized share capital and financing to execute its business strategies; the willingness of investors to provide additional funding; the potential dilution associated with future financing; FFAI's indebtedness; the results of future financing efforts; FFAI's ability to remediate material weaknesses in internal control over financial reporting; FFAI's history of substantial losses and expectation of continued losses; FFAI's limited operating history and the significant barriers to growth it faces; current and potential litigation and regulatory proceedings; general economic and market conditions; volatility in FFAI's and AIxC's stock prices; and the other risks and uncertainties described in the "Risk Factors" sections of FFAI's Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on August 13, 2026; for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission on May 14, 2026, FFAI's Form 10-K filed with the SEC on March 31, 2026, and other documents filed by FFAI and AIxC with the SEC from time to time.

The forward-looking statements contained in this press release speak only as of the date of this press release. Neither FFAI nor AIxC undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changes in circumstances, or otherwise, except as required by applicable law.

CONTACTS:

Investors (English): [email protected]

Investors (Chinese): [email protected]

Media: [email protected]