Investor Presentaiton

LFP Strategic Relationship Agreement (BorgWarner & BYD FinDreams) Provides Continuing Battery Systems Development 18 BW + Strength ■ Strong customer intimacy ■ Manufacturing, quality and ☐ integration capabilities ■ Software and system knowhow Strength ▪ LFP scale ■ Proven production in China ☐ ■ Intellectual property in LFP cells and pack design Strategic Relationship Agreement Advantage ■ BorgWarner to manufacture packs utilizing FinDreams cell and pack. intellectual property ■ Collaboration expected to increase speed to market ■ Vehicle integration flexibility with modular battery pack approach BORGWARNER

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