Faraday Future SPAC Presentation Deck
Volumes and Revenue
Key commentary
Primarily targeting consumers and businesses in the two largest EV
markets (US and China)
-
Source:
Note:
Significant ramp of FF Series volumes once production begins
Production launch of FF 91 complete in 2021E and deliveries
begin Q1 2022E
-
Ramp of FF 81 and FF 71 starting in 2023E and 2024E,
respectively
Smart Last Mile Delivery engagements today entering production
in 2023E and ramping volumes in 2024E
Strong growth driven by increasing e-commerce and
tightening of emission regulations worldwide
Implied modest market share of ~3% in electric vehicles and ~7%
in Last Mile Delivery by 2025
Revenue, in line with vehicle volume ramp, expected to grow to
$20bn+ by 2025E
B2C-Vehicle Unit Sales
(Units actual)
39
FF 91 Series
FF 81 Series
FF 71 Series
2021E
2021E
Revenue
($ in millions)
2,400
2022E
B2B-Smart Last Mile Delivery Unit Sales
(Units actual)
2021E
2022E
FF Series
Smart Last Mile Delivery
$504
38,600
2022E
2023E
20
2023E
$4,038
Faraday Future financial model are management estimates only.
Market share projections calculated from estimated revenue divided by projected market size as indicated on page 38. B2C and B2B vehicle unitsales rounded to nearest hundred. Financial projections assume transaction close in Q1 2021.
Ⓒ2021 FARADAY FUTURE
2023E
105,300
2024E
8,000
2024E
$10,555
2024E
266,800
2025E
35,000
2025E
$21,445
2025E
38
PROPRIETARY AND CONFIDENTIALView entire presentation