A Differentiated and Compelling Investment Opportunity
(1)
4. FF, Geely Holding and a Tier 1 Chinese City Provide Possible Upside Opportunity in China
Investment Framework (1)
-
-
Contemplated JV among FF, Geely Holding and a Tier 1 Chinese City to support
FF China production and FF China headquarters
ぶ
+
GEELY
GLOBAL TOP 15 OEM &
TOP 3 LARGEST NON-GOVERNMENT OWNED OEM IN CHINA
© 2021 FARADAY FUTURE
Total annual expected production capacity of 100,000-250,000 units estimated
starting in 2025 and an additional 150,000 units estimated in 2026
Assets
-
-
-
Geely Holding - with over 2 million vehicles sold in 2019 – to provide contribution
on mass market platform and support with respect to manufacturing capability and
capacity for mass market vehicle production in China
Tier 1 Chinese City to contribute industrial land of 2,000 mu (~330 acres) to be
owned and used by the JV
-
Faraday Future to contribute brand and IP in China
Governmental Subsidy
-
Tier 1 Chinese City to provide a subsidy for the foreign investment efforts, such as
tax benefits, and an additional subsidy for the establishment of a R&D center
As of the date of this presentation, no definitive documentation with respect to the joint venture has been executed. As a result, the joint venture may not occur or occur on substantially different terms than described herein. There is no guarantee or assurance that FF will be able to establish a joint
venture with the Tier 1 Chinese City and/or Geely Holding or another party in China or elsewhere.
32
PROPRIETARY AND CONFIDENTIALView entire presentation