Faraday Future SPAC Presentation Deck slide image

Faraday Future SPAC Presentation Deck

4. Flexible Manufacturing Strategy Provides a Clear Path to Production 2021 FARADAY FUTURE 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 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 Contract Manufacturing for Future Models Gunsan, South Korea | H2 2023 ப 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 38 PROPRIETARY AND CONFIDENTIAL
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