It’s Official: Faraday Future Will Break Ground For Electric Car Factory Today
Today marks the official groundbreaking for Faraday Future’s electric car factory in Nevada.
Later this afternoon, executives from Faraday will join Nevada officials in putting shovels into the ground at the automaker’s future factory site in North Las Vegas, Nevada.
The factory, a $1 billion facility, will be where Faraday makes electric cars and only electric cars. Sounds a bit like Tesla.
Faraday Future says that construction at the site will move at a rapid pace. Faraday spokeswoman Stacy Morris told Business Insider the following:
“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.”
Furthermore, Faraday has promised to meet all guidelines set forth by the state government. These guidelines must be met to secure tax breaks, receive state assistance, etc.
As for the cars Faraday will produce, we do know they will all ride on a plug-in skateboard platform (like Tesla) and that this platform can underpin basically any vehicle structure, meaning that any type of car, crossover, SUV, truck, etc. is a possibility.
Faraday says the first production cars will roll off the lines in a “couple years” time, but realistically we don’t think Faraday will have a workable car ready for sales before 2019 or so, but today’s groundbreaking event is the necessary first step in the process of actually building the cars.
We recently caught up live with Faraday Future while attending the Formula E in Long Beach, California – an event Faraday signed up late as a title sponsor for.
Besides bringing its FFZERO1 concept to the event, the company also teased a shadowy image (pictured above) of what will likely become its first offering.
Source: Business Insider