Faraday Future SPAC Presentation Deck slide image

Faraday Future SPAC Presentation Deck

Internet and Intelligent EV Company Company Overview Company History: Founded in May 2014 by visionary YT Jia, FF had a fully developed electric vehicle Beta prototype by August 2016 Intellectual Property: Technology and competitive differentiation independently verified by Roland Berger; technology protected through approximately 880 filed or issued utility and design patents Sales & After-Market Service: Targeting deployment in major cities in the US, Europe and China Global Employees: ~300 dedicated employees; ~200 in US; ~180 global engineers Headquarters: Los Angeles, CA Manufacturing Reach: 1.1 million square foot manufacturing facility in Hanford, CA with expected production capacity of ~10,000 vehicles per year Additional contract manufacturing agreements in South Korea with expected production capacity of up to ~270,000 vehicles per year In process of establishing Chinese manufacturing presence Patents data as of October 2020. Performance may vary depending on selected motor configuration. VPA Variable Platform Architecture. Note: (1) (2) Ⓒ2021 FARADAY FUTURE Product Portfolio Introduction FF 91 FUTURIST, FF 91 10 FF 81 FUTURIST, FF 81 FF 71 FUTURIST, FF 71 SMART LAST MILE DELIVERY (SLMD) First production vehicle and flagship model Class defining luxury, performance, technology and personalized user experience 378 miles of range and 0-60 mph in < 2.4 seconds (1) EXPECTED TRANSACTION CLOSE Premium mass market electric vehicles 60% commonality with FF 91 Designed for manufacturing at high volumes Mass market vehicles Industry-leading in connectivity, technology and interior configurations Future FF 91 Milestones Q1 2021: PROGRAM RESTART Using FF's current VPA(2), SLMD is purpose built to alleviate concerns of logistics companies Platform approach allows rapid speed to market SUPPLY CHAIN RAMP UP FACTORY COMPLETE +12 MONTHS: START OF SALES 38 PROPRIETARY AND CONFIDENTIAL
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