Faraday Future SPAC Presentation Deck
4. FF, Geely Holding and a Tier 1 Chinese City Provide Possible Upside Opportunity in China
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GEELY
GLOBAL TOP 15 OEM &
TOP 3 LARGEST NON-GOVERNMENT OWNED OEM IN CHINA
(1)
Investment Framework(1)
Contemplated JV among FF, Geely Holding and a Tier 1 Chinese City to support
FF China production and FF China headquarters
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Assets
Total annual expected production capacity of 100,000-250,000 units estimated
starting in 2025 and an additional 150,000 units estimated in 2026
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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 hinese City to provide a subsidy for the foreign investment efforts, su
tax benefits, and an additional subsidy for the establishment of a R&D center
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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
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 Cityand/or Geely Holding or another party in China or elsewhere.
Ⓒ2021 FARADAY FUTURE
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PROPRIETARY AND CONFIDENTIALView entire presentation