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Posts Tagged ‘Faraday Future Nevada plant’

Faraday Future Lines Up New Factory in CA

Move follows decision to abandon $1b plant in Nevada.

by on Aug.07, 2017

More than 300 Faraday workers gathered at the plant last weekend to help clean it up.

Reports of Faraday Future’s demise, as Mark Twain might have suggested, have been greatly exaggerated. Or so the Chinese-funded battery-carmaker wants us to believe.

Faraday has seemed on the verge of extinction for some time, “temporarily” halting work on its $1 billion Nevada assembly plant last year and then, barely a month ago walking away from the project entirely.

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But Faraday on Monday announced it has lined up a new factory to produce the FF91 battery-electric vehicle, or BEV, it unveiled in January. The new site is a one-time Pirelli tire plant in Hanford, California that has largely sat idle since 2001.


Despite Financial Problems, Faraday Still Set to Debut 1st Model at CES

New teaser offers closer look at what is expected to be EV SUV.

by on Dec.08, 2016

Faraday Future plans to go full speed ahead with its new sport-ute concept, which it will show at the upcoming Consumer Electronics Show.

Despite financial problems serious enough to put on hold construction of its new Las Vegas factory, battery-car start-up Faraday Future plans to go ahead with the unveiling of its first production model at the Consumer Electronics Show four weeks from now.

The California-based, Chinese-backed Faraday made its official debut at CES last January, but the exotic sports car it revealed at that splashy Las Vegas event is expected to be replaced by a more conventional-looking electric SUV.

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A teaser image released this week by Faraday shows the nose of the production car, appearing to fill in some of the missing details from a short video the company put out in October showing a camouflage SUV blasting around a desert race track. (more…)

Chinese-Funded Faraday Future Denies Halting Work on Las Vegas Assembly Plant

Chinese billionaire Jia Yueting admits his resources are stretched thin.

by on Nov.17, 2016

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

The ambitious Chinese automotive start-up Faraday Future may be running into serious financial problems forcing it to halt construction of a $1 billion assembly plant near Las Vegas.

But then again, maybe it isn’t, the automaker telling a Chinese newspaper that work on the factory continues.

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Faraday made its official debut last January during a splashy event at the Consumer Electronics Show. The company recently said it will reveal its first production model at the next CES less than two months from now. Meanwhile, it has been working on a sprawling assembly plant in the Nevada desert that it promised would create as many as 4,500 jobs. (more…)