“Secretive electric car company Faraday Future hopes to have its first vehicles rolling off the assembly line in 2018. The announcement was made as officials marked the start of construction on a planned $1 billion Las Vegas-area production plant, not far from rival Tesla’s Gigafactory,” Ellie Zolfagharifard reports for The Daily Mail. “While it’s clear the company plans to create an electric car, a prototype has yet to be unveiled and there are no specifics yet on what kinds of cars it might manufacture.”
“Faraday Future puts the size of the Apex Industrial Park facility at 3 million square feet, or nearly the size of the sprawling Las Vegas Convention Center close to the Las Vegas Strip,” Zolfagharifard reports. “It compares to Tesla’s Gigafactory in the Nevada desert, which when complete, is set to have the biggest footprint of any building in the world. ‘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,’ said Dag Reckhorn, Faraday Future global manufacturing vice president.”
“The famously mysterious company has revealed very little details about its business strategy,” Zolfagharifard reports. “Today, the company has hundreds of people working in its southern California headquarters, with former BMW designer, Richard Kim, leading efforts to create its electric vehicles.”
Read more in the full article here.
MacDailyNews Take: Let the competition among Apple’s future roadkill begin!
Chinese billionaire Jia Yueting linked to ‘Faraday Future’ – November 7, 2015
Mysterious, billion-dollar company ‘Faraday Future’ looks to take on Tesla – November 6, 2015
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]