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Dubai, UAEMay 1, 2026 /PRNewswire/ —
Dear Investors, Partners, and Friends,
Recently, Robo.ai Inc. (NASDAQ: AIIO) formally submitted its annual financial report for 2025. As the company’s Chief Executive Officer, I am representing the management team to share with all of you, our valued investors and partners who care about and support us, the latest progress and future outlook on the company’s strategic restructuring and transformation.
Since the new management team took over in May 2025, the company has fully advanced its strategic transformation into the AI赛道, establishing “AI Software, Intelligent Hardware, and Smart Assets” as the core strategic development goals. Over the past year, the team has overcome various challenges and achieved certain progress and results.
AI Software: Forward-looking deployment yields results, application side poised for phased breakthroughs
Based on the company’s earlier布局 and sustained investment in the AI industry, our AI software business is gradually unlocking its potential. Currently, our collaboration with DaBoss, an AI model data service provider in Silicon Valley, USA, is progressing steadily. After establishing a delivery target of tens of thousands of hours of real-world interactive data, related intelligent data training and collection operations are proceeding smoothly in multiple locations and have begun to gradually realize commercial value. Additionally, to address the cost and technical challenges in storage, transmission, and processing brought about by large-scale AI applications, the company is seeking strategic partnerships with leading technology companies on the AI data application side. Once substantial progress is made, we will promptly update the market and our investors.
Intelligent Hardware: RoBUS continues deliveries, global commercialization model for intelligent hardware further validated
In terms of global commercialization of intelligent hardware, the company issued a business update on April 10, 2026, announcing that the first batch of commercial vehicle validation units from its intelligent commercial vehicle subsidiary, Robus, had completed production and officially commenced deliveries. As of now, the first batch of prototypes has successfully completed user delivery and rigorous acceptance. Meanwhile, this week, we also successfully completed the delivery and acceptance of the second batch of prototypes in the South Asia region. The smooth progress and order fulfillment of the RoBUS business confirm the correctness and commercial feasibility of the company’s intelligent hardware strategy. Going forward, we will continue to increase resource investment in intelligent hardware projects to meet global market demand for diversified intelligent hardware products and services.
Smart Assets: Deeply cultivating the “Machine Economy,” steadfastly advancing the integration and implementation of intelligent hardware and smart assets
Based on a profound understanding of future technology development trends, the regional economic characteristics of Gulf countries, and the company’s own strengths, Robo.ai will maintain a long-term, committed investment in the strategic layout of the machine economy. Recently, I attended the Web3 Carnival held in Hong Kong as a company representative and systematically elaborated on Robo.ai’s key viewpoints regarding the “Machine Economy” development strategy at the conference. Many heavyweight guests pointed out that with the maturation of AI Agents and the launch of the Web3 X402 protocol, andthe proliferation of high-performance, low-power chips, 2025 marks the first year of the integration of Web3 assets and “Real World Assets” (RWA). I also proposed at the conference that, just as the O2O (Online to Offline) model spawned a wave of entrepreneurial companies over a decade ago, we are about to see a group of innovative companies under the R2R (Robot World to Real World) model. Robo.ai is committed to driving the deep integration and commercial implementation of AI and robotics innovation technologies, blockchain technology, and real-world physical assets, aiming to become a leading enterprise in the future machine economy.
Arkreen, a Singapore-based DePIN company invested in by Robo.ai, also launched the distributed solar project eCandle in Africa this month. By establishing a payment infrastructure for the machine economy, it has successfully achieved a commercial闭环 for green energy and social welfare, creating an inclusive model of technology empowering the real economy.
Financial Performance: Overall cash flow turns positive, leaner operations after asset disposal
The net loss and expanded negative equity shown in the latest 2025 fiscal year report may attract market attention. These book financial performances are primarily driven by a series of non-cash items and legacy factors, including non-cash expenses from the company’s past share issuances during the reporting period, as well as concentrated provisions and impairment charges on certain historical assets and debts based on prudent financial principles.
Management believes that the above-mentioned book losses on a non-cash basis have not weakened the company’s actual operational capabilities, nor will they affect strategic investors’ recognition of the company’s transformation and upgrade direction. On the contrary, thanks to measures to strictly control costs and optimize operations in recent quarters, the company’s overall net cash flow has successfully turned positive. This key financial data indicates that the company’s strategic transformation is entering a positive inflection point.
Furthermore, to further optimize the capital structure and focus on core businesses, the company is orderly advancing the divestiture of a specific Cayman Islands subsidiary. Based on preliminary assessments, this divestiture is expected to generate approximately $60 million in asset disposal gains for the company.
Investment and M&A: Jidu Auto formally enters bankruptcy reorganization stage
According to public information, the restructuring of Shanghai Jidu Auto (Ji Yue), a well-known intelligent electric vehicle brand in which our company participates, is progressing steadily. Following Jidu Auto’s announcement of entering pre-reorganization last year, with the advancement of relevant legal procedures, it formally entered the judicial reorganization stage on April 29, 2026. Various legal and commercial integration procedures are being executed in an orderly and compliant manner. The purpose of participating in this reorganization is to further absorb high-quality technological asset resources and strengthen our underlying core capabilities and industrial chain layout in the intelligent mobility sector. We will announce further information to the market and investors at an appropriate time when progress is made in this process.
2026 Outlook: Leaner operations, navigating cycles, turning challenges into opportunities
The 2025 fiscal year report marks a thorough cleanup of historical burdens and a new starting point for Robo.ai to operate with a lighter load.
Entering 2026, we are acutely aware that the complex geopolitical situation in the Middle East presents certain challenges to the macro business environment. However, this also brings new opportunities for Robo.ai: the geopolitical importance of Gulf countries will further strengthen; Gulf countries will place greater emphasis on technological and supply chain independence; and their demand for international capital, supply chains, and technology will become more active and diversified. Robo.ai’s home base in the Middle East, its North American capital market presence, and its global technological resources endow us with operational resilience to navigate cycles. The entire management team is very confident that, with the support of the board of directors, we can turn external challenges into opportunities and motivation, doing our utmost to serve investors.
Thank you to all investors for your patience and support during the company’s transformation period. We will continue to maintain a transparent communication mechanism, driving the long-term improvement of the company’s fundamental value through high-quality business implementation and stable cash flow.
Benjamin Zhai
Chief Executive Officer
Robo.ai Inc.
About Robo.ai Inc.
Robo.ai Inc. (NASDAQ: AIIO) is a technology company dedicated to building a globally leading AI machine economy platform. Its mission is to integrate intelligent terminals through “AI Software, Intelligent Hardware, and Smart Assets,” constructing a unified AI operating system and blockchain-enabled ecosystem to pioneer an intelligent future.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations. For details, please refer to the company’s filings with the U.S. Securities and Exchange Commission.