Faraday Future SPAC Presentation Deck
The Market Potential for Smart EVS is Massive and Growing
Source:
Note:
(1)
(2)
Passenger EV Market (~7.7mm annual units sold by 2025E)(¹)
(Units in millions)
0.2
United States
-34% CAGR
1.1
4.0
2020E 2025E 2030E
Ⓒ2021 FARADAY FUTURE
0.5
Europe
-29% CAGR
2.0
5.9
2020E 2025E 2030E
BloombergNEF Electric Vehicle Outlook as of May 2020.
LCV = Light Commercial Vehicle.
Represents EVmarket in the United States, Europe and China, and excludes the rest of the world.
LMD EV market defined as Bloomberg NEF LCV EV market for U.S., Europe, and China.
0.9
2020E
China
-30% CAGR
4.6
2025E
Passenger EV Market Drivers
Global CO₂ emission legislation continues to tighten
15 - 20 countries have fixed dates to end Internal Combustion Engine sales
European CO₂ legislation in 2020 drives tripling of BEV sales
12.6
2030E
38
LMD EV Market (~470k annual units sold by 2025E) (²)
(Units in thousands)
U.S., Europe, and China
30
-49% CAGR
470
1,680
2020E 2025E 2030E
Last Mile Delivery Market Drivers
Urbanization and e-commerce leading to new target to
reduce pollution in cities
New European and Chinese regulations restrict or ban
the use of Internal Combustion Engine LCVs
CAFE, EU and Chinese GHG emission regulations
expected to encourage BE LCV adoption going forward
PROPRIETARY AND CONFIDENTIAL
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