Dubai – November 06, 2026 -- Robo.ai Inc. (Nasdaq: AIIO) generated more than US$280 million in revenue from June through September and is targeting about US$600 million for full-year 2026, CEO Benjamin Zhai told shareholders in an open letter. The company also said it does not intend to enter new equity-linked, variable-price financing arrangements for a period following the letter's date.
Robo.ai pledges to tie every dollar of capital to operating plans
The financing pledge covers arrangements in which the issuance or conversion price is tied to the future market price of Robo.ai's shares. Zhai said the decision rests on the company's current operating position and funding arrangements. Robo.ai will keep honoring obligations and retain its rights under previously disclosed agreements.
Capital will be deployed in step with business progress, with spending prioritized on the most critical areas. The company's forward-looking statements still flag potential dilution under existing financing agreements and convertible note pricing adjustments as risks. They also note that revenue alone does not establish profitability or positive operating cash flow.
Split-adjusted trading begins on Nasdaq on November 6
The shares begin trading on a split-adjusted basis on November 6. The company's risk disclosures cite its ability to satisfy Nasdaq's continued listing requirements. The October revenue outlook of about US$600 million is described as preliminary and subject to change.
Neurovia AI targets compute and storage costs at GITEX Global
Zhai said AI chip and storage costs remain high while public safety, transportation, energy and municipal services generate large volumes of visual data. Neurovia AI, the company's AI data processing unit, aims to make that data cheaper to transmit, store and use. Neurovia AI will show its latest solutions at GITEX Global in Dubai on December 7-11.
ALIF Holding broke ground on Umm Al Quwain industrial park on September 25
ALIF Holding, the industrial group, is building local manufacturing and systems integration capacity in the UAE. Phase I of its Umm Al Quwain industrial park began construction on September 25. The proposed ALIF Maritec oil spill response system concept and the ALIF Composites project define the park's product focus.
Zhai pointed to the Abu Dhabi government's 2025-2027 digital strategy and the Make it in the Emirates local manufacturing support as a policy window for these businesses. The company lists site rights, funding, licenses, approvals, equipment and personnel among the conditions its projects depend on.
Management sets three priorities for the next phase
In existing operations, management will control delivery costs, cash collection and operating efficiency. Neurovia AI will advance product development and commercialization, while ALIF Holding will work on production readiness and customer development. Zhai said that from here, "our quarterly results will speak for us."