10 COMPELLING FORCES DRIVING ALPHA'S SUCCESS

"The Wolf truck is JUST what the truck buyers want--an EV, a truck that is not a science project."

"As an internal combustion engine mechanic and car builder restorer for over 25 years, the electric vehicles you have on offer are some of the most unique and nostalgia inspiring I have seen to date."

"I'm absolutely smitten with your line of vehicles."

*Unpaid endorsement: public testimonials about Alpha’s WOLF Electric Truck.

Alpha’s compelling value proposition is driven by the following:

1. Award-Winning Electric Vehicles: Alpha has created an impressive lineup of innovative electric vehicles, covering various segments like trucks, SUVs, and coupes, showcasing a diverse and appealing range of products. Our EVs received top recognition as crowd favorites at the LA Auto Show’s The Zero-Emission Vehicle Awards (THE ZEVAS™).

2. Successful Preorders: With over 66,000 preorders for its vehicles*, Alpha's strong market reception indicates robust demand and consumer interest in its offerings, reflecting promising future sales potential. *As of November 2023.

3. Patented Technology: Alpha's Modular Electric Vehicle Platform and Multipurpose Vehicle System are groundbreaking in the EV industry, allowing for cost-efficient production and diverse vehicle models from a shared platform.

4. Market Validation: In an industry projected to surpass US$1.5 trillion by 2030 due to global government mandates for EV adoption, Alpha is well-positioned to capture a significant share of this rapidly growing market. Alpha's successful showcases to millions of people at renowned automotive exhibitions globally, such as the Petersen Automotive Museum, Seoul Mobility Show, and SEMA Show, have garnered significant exposure and market demand.

5. Industry Recognition: The company has received acknowledgments, awards, and recognition from industry bodies, including the Certificate of Congressional Recognition, Electric Vehicle Manufacturer of the Year Award, affirming its dedication to sustainable transportation.

6. Automotive Leadership & Expertise: Led by experienced automotive executive Edward Lee, Motor Vehicle Manufacturing Chairperson of the Year (USA), Alpha embodies a vision aimed at reshaping the electric vehicle landscape, with a commitment to making high quality design, sustainability, and technology accessible.

7. Commitment to Domestic Production: Alpha Motors' investment in local manufacturing of electric vehicles not only enhances U.S. economic growth through job creation and industry support but also delivers cost efficiencies for consumers by reducing shipping expenses and potentially qualifying for incentives tied to domestic production.

8. Strategic Partnerships: Alpha has established strategic partnerships with Tier 1 vehicle manufacturing firms and technology companies, strengthening its manufacturing capabilities and engineering prowess.

9. Proven Milestones: Unlike many competitors, Alpha has chosen a transparent approach to development, providing visibility into its milestones, prototypes, and preorders, fostering trust and credibility. From the debut of its WOLF Electric Truck to the successful showcase of various prototypes including a functional driving test vehicle, Alpha has consistently achieved developmental milestones within a short period.

10. Significant Market Potential: In an industry projected to surpass US$1.5 trillion by 2030 due to global government mandates for EV adoption, Alpha is well-positioned to capture a significant share of this rapidly growing market.

Alpha stands out with its diverse range of electric vehicles, including trucks, SUVs, sedans, and coupes, all built on its cutting-edge modular platform, revolutionizing accessibility. Distinguished by its transparent development strategy, validated through market accolades and major exhibitions, Alpha's commitment to domestic manufacturing ensures quality control, swift delivery, and a closer connection to the market, fostering reliability and customer satisfaction. Alpha is positioned to be a leader in the rapidly growing electric vehicle landscape.

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