Item 2. Properties
Item 2. Properties
The Company leases all of its facilities. The following table sets forth the location, approximate size, primary use and lease term of the Company’s major facilities as of December 31, 2025:
Location
Approximate
Size (Building)
in Square Feet
Primary Use
Lease
Expiration
Date
Gardena, California 71,580 Global headquarters, research and development, office March 31, 2026
Gardena, California 10,359 Office March 31, 2026
Hanford, California 1,070,000 Manufacturing October 19, 2028
Al Hamra Industrial Free Zone, U.A.E. 107,639 Warehouse August 26, 2030
Beijing, China 2,942 Administrative services, research and development, strategic planning December 14, 2026
Zhuhai, China 89 Administrative services, research and development, strategic planning December 31, 2026
The Company continues to build out its Hanford, California manufacturing and production facility (the FFie Factory California). The FFie Factory California manufacturing and production facility encompasses approximately 1.1 million square feet and is expected to have the capacity to support the production of up to 10,000 vehicles per year upon completion.
In February 2026, the Company executed a new lease agreement with a six-year term in El Segundo, California which will replace the Gardena lease and leased an office space in New York on a short term basis.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.