Faraday Future scraps plans to build manufacturing facility in CaliforniaBy Shawn Knight 11 comments
Faraday Future has scrapped plans to open a manufacturing facility and showroom in Vallejo, California, instead electing to finish an earlier construction project in Nevada.
In a statement issued to TechCrunch, the hopeful Tesla rival said its new strategy will see it focus efforts on completing its first production vehicle facility in the desert.
Faraday Future broke ground on a 3 million-square-foot, $1 billion manufacturing plant in North Las Vegas last April. Financing dried up near the end of the year, however, forcing lead contractor AECOM to halt construction indefinitely.
The company reportedly went back to the drawing board and scaled down the operation to a more modest 650,000-square-feet. Construction should resume soon with plans to complete the project this fall barring any additional funding hiccups.
Shortly after its big CES presentation in early January, Faraday Future revealed it had taken more than 64,000 reservations for its first consumer vehicle, the FF 91. Sources claimed that only 60 people had submitted a deposit alongside their reservation.
Faraday Future isn't giving up on Vallejo entirely. In its statement, the electric automaker thanked the city for its generosity and professionalism throughout the process, adding that it looks forward to exploring future opportunities in the city.