Detroit Bureau on Twitter

Posts Tagged ‘ding le’

Chinese-Funded Faraday Future Breaks Ground on $1 Bil Las Vegas Plant

Project set to be ready within two years.

by on Apr.14, 2016

Officials dig in at the groundbreaking ceremony for the new Faraday Future plant near Las Vegas.

The Chinese-backed battery-car start-up Faraday Future has broken ground for a $1 billion assembly plant set to rise in the Las Vegas suburbs.

The factory, which will eventually employ 4,500, is expected to produce a series of new electric vehicles, though the California-based company has provided only a faint glimmer of what it has in store once production begins in 2018.

Electrifying!

“Our aim is to complete a program that would normally take four years and do it in half the time, while still doing it right,” Dag Reckhorn, the head of global manufacturing for Faraday Future, said during a groundbreaking ceremony on a desert field in the Sin City suburb of North Las Vegas.

(more…)