Acquired Electronics360

Automotive & Transportation

EV Startup Breaks Ground on $1 Billion Factory

16 April 2016

Faraday Future Inc., an electric vehicle (EV) startup, has started construction on a $1 billion assembly plant in the desert of Nevada, 25 miles north of the Las Vegas Strip.

An artist’s rendition of what the Faraday Future EV factory will look like once it is completed. Source: Faraday FutureAn artist’s rendition of what the Faraday Future EV factory will look like once it is completed. Source: Faraday FutureFaraday, which is partially financed by a Chinese billionaire, will use the land not just for EV assembly-line production but also as a breeding ground for its vision for the future of automotive vehicles. The company plans to use solar, wind and geothermal energy in order to make the factory environmentally friendly. The company plans to hire 4,500 people to fill the facility despite not even having a prototype yet.

Faraday says the factory will build its flagship production vehicle and construct a cooperative fleet aimed at bringing new EVs to drivers. The factory will offer a clean, open-air environment, ergonomic arrangements and deliver one of the first EV west coast hubs in the automotive industry. So far Faraday has tested EV technology by putting batteries and motors for electric propulsion into existing car bodies and says it will debut its prototype vehicle soon. Faraday says a plant of this size and scope would normally take four years to complete, but the company aims to complete the facility in just two years.

Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter


Date Event Location
12-16 Aug 2018 Vancouver, Canada
11-13 Sep 2018 Novi, Michigan
27 Sep 2018 The Reef, Los Angeles
26 Oct 2018 Old Billingsgate
04-06 Dec 2018 Orlando, FL
Find Free Electronics Datasheets