Faraday Future Breaks Ground on $1B Facility in Las Vegas
Faraday Future is moving full speed ahead in becoming a competitor in the automotive industry.
It hasn’t even been six months since Faraday Future first teased its concept vehicle, which debuted in January at the 2016 Consumer Electronics Show. At the time, the mysterious automaker made bold claims, showing off an electric car concept packing 1,000 horsepower and looking much like a futuristic supercar.
Now, the company has broken ground for what it is calling a “world-class, highly connected and environmentally friendly manufacturing facility at Apex Industrial Park.” The facility will cost $1 billion and will be a three-million square foot, 900-acre development that will create approximately 4,500 direct jobs over a 10-year period.
SEE ALSO: Mysterious EV Maker Faraday Future Quietly Teases New Crossover
Although the concept Faraday Future showed off earlier this year is a bit unrealistic, it has subtly teased a production all-electric crossover. The company was the title sponsor at the recent Long Beach Grand Prix and claims that the design for its first vehicle is already done and has been undergoing testing in the U.S. It’s still unclear when Faraday Future plans on unveiling its first production model and when it will come to market.
“We are moving extremely quickly for a project of this size,” said Dag Reckhorn, VP of Global Manufacturing at Faraday Future. “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.”
Discuss this story on our Alternative Fuel Forum
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
More by Jason Siu
Comments
Join the conversation