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Barchart
Ebube Jones

Faraday’s Chairman Says a Rapid China Ban Could Slow U.S. Robotics. How Investors Should View the Warning.

Washington wants more robots made in America, but the parts to build them are still hard to get at home. In July, the Federal Communications Commission put certain foreign-made advanced robots on its Covered List. That makes it tougher for new models to get approval unless they win an exemption.

Faraday Future Intelligent Electric’s (FFAI) Global Executive Chairman Jerry Wang says rushing to cut Chinese hardware out of the supply chain could leave U.S. companies short of key parts.

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