APOLLO FUTURE MOBILITY GROUP Exhibits its Mobility Innovations in HK

To Excite the Investment Community with Apollo Project EVO Hypercar and the Future of Electric Mobility Apollo EVision S

(9 December 2021, Hong Kong) Apollo Future Mobility Group Limited (“AFMG”, the ‘‘Company’’; HKEX stock code: 860; and together with its subsidiaries, the “Group”) is pleased to announce that on the heels of the successful conclusion of its participation in 4th China International Import Expo (“CIIE 2021”) in Shanghai and the APOLLO FIRE AND ICE showcase in Macau, the Group is hosting a showcase themed “THE ULTIMATE SUSTAINABLE FUTURE OF MOBILITY” at The Murray, Hong Kong for the investor community and the media today. This represents the finale of AFMG’s roadshow of its 2021 mobility innovations.

Mr. Ho King Fung Eric, Founder and Chairman of Apollo Future Mobility Group, commented, “We are tremendously delighted to continue this annual mobility technology innovation showcase for the second year in our home market in Hong Kong. Hosting this event regularly in Hong Kong confers strategic importance to our industry positioning. Hong Kong is where we gain access to international investors interested in sharing growth and the future of mobility innovations. It is one of the key markets where cutting-edge mobility innovations are tested and implemented for commercial viability. We very much anticipate continuing our dialogues with customers, industry peers and the investment community demonstrating our path of achieving the ultimate sustainable future of mobility by developing cleaner, safer, smarter mobility options and technologies, and establishing ecosystems connecting people, goods and services.”

Technology innovations to be showcased in The Murray exhibition include Apollo Project EVO, the next-generation ICE hypercar and successor to the critically and customer acclaimed Apollo Intensa Emozione (“Apollo IE”); Apollo EVision S, a four-seater electric sports coupé for daily use; The Crate Powertrain Demonstrator; and the SIM Race Module featuring the Apollo IE hypecar in the Forza Horizon 5 racing game.

Apollo Project EVO

The successor of the critically acclaimed Apollo IE hypercar, Apollo Project EVO is commissioned with a simple brief to deliver raw emotion without compromise. The dominant, star-shaped daytime running lights introduce a new fascia signature detail for Apollo Automobile brand. The rear design celebrates 6 points of light illumination to communicate power and speed. Three large circular exhaust pipes express the raw power of the vehicle from a dead-rear angle. A full suite of active aerodynamics includes a large deployable and adjustable rear spoiler, aero fins and triangular air-intakes that dominate the profile view of the vehicle. This pure-breed speed machine features an advanced carbon monocoque and a handling package that ensure raw power and emotional aesthetics are matched by peerless handling and driving dynamics. It is a dramatically sculpted piece of design that always continues to offer an intense and emotional visual experience.

Apollo EVision S

The EVision concept takes the best of the Apollo IE design and technical philosophy showcased in Apollo’s hypercars and overlays this into a more approachable and universal package for daily use. It has a four-seater setup of Apollo EVision S with a length of < 5m and a width of <2m gives a high usability even for families and a great and bold appearance on the street. It demonstrates Apollo’s trajectory towards new clean-air powertrains.

The Crate Powertrain Demonstrator

The Crate Powertrain, developed by Apollo Advanced Technologies (AAT) embodies AAT’s innovations that empower the transition to 800V systems for EVs. It features an 800V Dual Inverter specified with the latest generation Silicon Carbide switches, delivering high efficiency. An entirely new 800V Axial Flux E-Motor can be mounted within the chassis or in the wheels and presents a compact and elegant planetary gear transmission. This powertrain demonstrator presents a unique layout that gives OEM customers significant flexibility to integrate drivetrain to both new and existing vehicles and systems. Its dual-motor system replaces heavy and complex differential assembly.

SIM Race Module

The event also exhibits an avant-garde SIM Race Module featuring the Apollo IE hypercar in the Forza Horizon 5 racing game. Visitors are welcome to take the driving seat and complete a lap or two in this exhilarating car, regarded by many gamers as the best and ultimate racing engine in Forza.

Mr. Sung Kin Man Richard, Group CEO of Apollo Future Mobility Group, comments, “We have been communicating regularly and frequently with the investment community in Hong Kong in the past twelve months our roadmap for achieving the future of sustainable mobility and our accomplishments for managing it as a lucrative business. We see this Hong Kong exhibition as a regular annual convention where we report our progresses. We aspire to showcase to the world Hong Kong’s unique importance not only as a fund raising hub but also an incubation hub for cutting edge mobility technologies, products and solutions.”

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