A Differentiated and Compelling Investment Opportunity slide image

A Differentiated and Compelling Investment Opportunity

4. Flexible Manufacturing Strategy Provides a Clear Path to Production Faraday Future has renovated an existing facility which significantly reduced both costs and lead time Primary Manufacturing Facility for FF 91 Hanford, CA, USA | Factory Complete T + 9 months Contract Manufacturing for Future Models Gunsan, South Korea | H2 2023 2021 FARADAY FUTURE (ROTARY LIFT GOODD - - - - Production capacity of ~10,000 vehicles per year Only $90mm of capital required to complete development (fractional compared to other capital-intensive OEMS / EVs) 1.1 million square-feet manufacturing facility Renovated an existing facility which significantly reduced costs and lead time Extensive use of virtual manufacturing capabilities to validate operations In-house pre-production validation ensures a smooth production ramp-up 31 ā€” - - ā€” Production capacity of up to ~270,000 vehicles per year FF has signed an agreement with Myoung Shin for additional capacity to manufacture vehicles Myoung Shin has significant experience in automotive production Production to be launched in former GM plant with key retained personnel in vehicle production and ramp-up Korea benefits from very low or no tariffs on imports and exports to key target markets PROPRIETARY AND CONFIDENTIAL
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