ADOTATThe Arizona InquirerThe New Mexico InquirerThe Hate RecordThe Valley 10-8IndustryPace
Since 2016

News · April 12, 2016

Faraday Future to Break Ground on Electric Car Plant in North Las Vegas

By Pace Lattin · Originally published April 12, 2016

The short versionFaraday Future planned to break ground in April 2016 on a $1 billion electric car plant on a 900 acre site in North Las Vegas. The California company aimed to finish in about two years and promised a 2017 unveiling of its first road model, despite reported funding and staffing setbacks.
ff1

Faraday Future breaks ground Wednesday for its new $1 billion plant in North Las Vegas, Nevada. The 900-acre manufacturing facility is on track and will proceed with an aggressive construction timeline. Faraday spokeswoman Stacy Morris said, “We’re moving as fast as we can. Normally, a project of this size would take approximately four years, and we’re trying to cut it down to half the time while still doing it right.”

The California-based company unveiled its first concept vehicle, named the FFZero 1, in January at the Consumer Electronics Show. Faraday says a newly patented power inverter developed by the company will manage its cars electric power “20 to 30 percent better” than competitors.

According to Jalopnik:

Faraday Future has struggled to get its feet planted firmly on the ground following its January introduction at CES. Issues in the Chinese Stock Exchange caused worries over the company’s Chinese financiers coming through, delaying work on its proposed billion dollar North Las Vegas Nevada factory; also, a former executive revealed production setbacks following the departure of the company’s lead engineer.

Faraday has promised a 2017 unveiling for the first of its road-going models.

Since then. Faraday Future dropped its plans for the North Las Vegas factory in July 2017 and sold the Apex site to a Canadian company in 2019.
The follow-up. Faraday Future Promised to Build Its North Las Vegas Car Plant in Half the Usual Time. It Sold the 913 Acres for $16.9 Million With Nothing Built.

This story first ran on Pace Vegas in 2016 and is restored at its original address. Details reflect the time it was written; see "Since then" for what changed.

Elsewhere from Pace Lattin