Faraday Future Closing In On Another Manufacturing Site
The Californian city of Vallejo is on the verge of making a deal with the electric vehicle startup Faraday Future that will see the company develop a new 150-acre manufacturing site on Mare Island, according to recent reports.
To be more specific, the new facility will be situated near the abandoned former US Navy shipyard, roughly 30 miles to the north of San Francisco.
“When we first started marketing this property, our first objective was good-paying jobs with green technology and an employer willing and able to make the necessary investment,” stated Mayor Osby Davis. “Faraday Future and its plans to make Vallejo its second manufacturing site and bring green technology to Mare Island checks all the boxes.”
“We anticipate that the project will create hundreds of construction-related, ongoing professional and manufacturing jobs to local residents,” commented Faraday Future spokesperson Stacy Morris. “Additionally, the investment in our manufacturing facility, customer experience center, and business offices is estimated in the hundreds of millions of dollars. This includes investing significantly in the restoration and revitalization of the land surrounding the facility.”
Gas 2 provides more:
The Faraday facility is expected to create hundreds of much needed jobs and to pump hundreds of millions of dollars into Vallejo. The city was the original capitol of California. It went bankrupt in 2008 after the Navy shuttered the shipyard and left town.
…Faraday Future is keeping quiet about exactly what sort of work will take place on Mare Island. Its company headquarters are located in Gardena, an industrial city south of Los Angeles. It is just now beginning construction of a billion dollar factory in North Las Vegas, Nevada. It is said to have 760 employees in the US.
The company says it will build electric cars that feature advanced connectivity. It also claims to have created an innovative chassis platform that can be adjusted for width and length to accommodate the shifting needs of the marketplace. Faraday is expected to unveil a prototype of its first car before the end of this year. The first production cars are supposed to begin rolling out of the Nevada factory in 2018.
Presuming that all goes well of course…
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The only combustion going on here, is under the feet or should I say seat, of the US auto manufactures. This is just what Elon has envisioned, competition.
California becomes the new Detroit.
Whoda thunk it?
“Faraday is expected to unveil a prototype of its first car before the end of this year. The first production cars are supposed to begin rolling out of the Nevada factory in 2018.”
And then they say Tesla has optimistic schedules. Tesla already has a factory running and a team with experience in car mass production.
FF have just begun building a factory. Mind you, that is the building, the simple part. The hard part is the production line. And they think the first cars will roll off the production line in 2.5 years? Mmmm, let’s see. Exciting times.
I’m hearing stuff that makes me feel like we may see meaningful entry into the EV market by some of the German companies before 2020. If that happens Faraday is likely to have a rougher time getting established.
It is an exciting time. We’re living through a massive change in energy and transportation.
(Too bad we didn’t do this years earlier and decrease the climate change we’re going to experience.)
VW Gigafactory in Salzgitter?
All over the news since this morning.
BMW talking new battery and 300 mile range. Audi talking. (Vague memories of seeing stuff along that line.)
At some point the dam is almost certain to break. Probably first with German/European manufacturers. Japan and Detroit are likely to lag.
I’m wondering what the Koreans will do. LG Chem is theirs. They are building the important parts of the Bolt.
News today says VW is “considering”.
Sounds like a plan. See if I can get more.
Diess already talked about the need for a German battery production last year. Niedersachsen also knows that diesel motors and drivetrains won’t provide new employment in the future.
VW wants to be market leader in emobility by 2018. They produced 67000 (PH)EVs last year and want to ramp up to 1million as fast as possible.
But they are still talking about hydrogen for Audi, VW is going to be the EV brand. Strange considering that the ETron will be an EV.
Didn’t know VW was into hydrogen at all, thought that was MB.
Amen to that. The Arctic Ocean is setting records for high temperature and low ice content for the current time of year.
I could write a bot that churns out more convincing start-up word vomit.