Simwon America

We are a specialized automotive supplier dedicated to engineering the structural backbone of the electric vehicle (“EV”) market. Serving as a strategic partner to Tesla, Inc. (“Tesla”) through certain of its manufacturing hubs, we focus on the production of critical Body-in-White (the “BIW”) components. Our operations integrate advanced welding automation with high-strength structural manufacturing technologies, allowing us to deliver the essential safety and integrity required for modern electric vehicles. Since our inception in 2016, we have scaled our operations significantly to meet the mass-production demands of our major customer, Tesla. As of the date of this prospectus, we are powered by a dedicated workforce and have established a robust annual production capacity of 600,000 car sets. This production capacity positions us as a vital high-volume link in the global Electric Vehicle (the “EV”) supply chain. Our core competency lies in the precise and efficient manufacturing of complex automotive body structures and chassis components. With a strategic manufacturing footprint across the United States, including established facilities in California, Texas (operated by a subcontractor which is our related party), and planned expansions on the East Coast, Mexico, and Canada we are uniquely positioned to support the growing demand for localized automotive production and to mitigate supply chain uncertainties.