Faraday Future picks Los Vegas area for electric car plant

China-backed startup to invest $1 billion for battery-powered vehicle manufacturing.


North Las Vegas, Nevada – China-owned electric car company Faraday Future has picked North Las Vegas, Nevada, as the site of its first plant.

Company officials say they chose the location for its expansive development space, an enthusiastic workforce, an encouraging tax environment, close proximity to California headquarters, and nearby access to the thriving tourism capital of Las Vegas, which allows plant tours and other engaging experiences.

The site is also fairly close to Tesla’s under-construction Gigafactory in Reno. Faraday officials note that the U.S. Route 95 corridor between Reno and Las Vegas is dotted with vehicle charging stations.

Leaders say Faraday Future is ready to invest $1 billion into the first phase of this facility, to-be-built in Clark County’s APEX Industrial Park, a new development zone offering.

The company expects to create 4,500 jobs in Nevada when the plant opens. Consumers will get their first look at the company’s car in January at Las Vegas’ Consumer Electronics Show (CES) a venue that has attracted many automotive technology launches in recent years.

Source: Faraday Future