Faraday Future SPAC Presentation Deck slide image

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 CONFIDENTIAL
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