After talking the talk, it’s now time for Faraday Future to walk the walk. The new electric car manufacturer has announced plans to build its first production facility in North Las Vegas, Nevada.
Not far from there, in a Reno suburb called Sparks, rival Tesla is currently setting up its huge battery plant a.k.a. “Gigafactory.”
The North Las Vegas area offers expansive development space, an enthusiastic workforce, an encouraging tax environment, close proximity to Faraday’s California headquarters, and nearby access to the thriving tourism capital of Las Vegas. Additionally, it is positioned on the south end of the “electric highway,” a pioneering stretch of U.S. Route 95 between Reno and Las Vegas that is populated with a large network of vehicle charging stations.
Faraday Future is ready to invest $1 billion into the first phase of this facility, including a 3 million square foot workshop. A total of 4,500 new jobs will be created.