FF Secures Another $70 Million in Funding: Jia Yueting Initiates 'Five Major Transformations' After Regaining CEO Role
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Author:小编   

On May 18, Faraday Future (FF) founder Jia Yueting announced that the company has completed its latest funding round of $25 million, bringing the total recent funding to $70 million. Jia Yueting, who resumed his role as FF's Global CEO last week, stated that the funds will be used to support the company's first-phase strategic goals in its robotics business. FF will focus on two major product engines: EAI humanoid and bionic robots, and EAI automotive robots, aiming to create a 'terminal-data-brain' trinity ecosystem. The goal is to become one of the top three in North America for real-world deployment of EAI robots and a leader in EAI automotive MPVs within five years.