California-based global EAI ecosystem company Faraday Future Intelligent Electric (FFAI) has announced two strategic business updates and restructuring initiatives.
The first is for the company to become a physical AI investment, incubation and holding company and bring its robotics business into AIxC, which is expected to be renamed FFR.
The second focuses on upgrading the company’s automotive strategy across three areas: entering the robotaxi market, including potential connectivity with the Cybercab network; extending Faraday Future’s EAI cabin technology to other intelligent vehicles; and enabling Faraday Future vehicles to connect with robotaxi networks.
The automotive industry is undergoing significant changes driven by autonomous driving, shared autonomous mobility and mobility services.
Continue reading Faraday Future announces strategic restructuring and robotaxi plans at ADAS & Autonomous Vehicle International.
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