Tuesday, December 14, 2021

Faraday Future Claims Progress On Hanford Plant

Los Angeles-based electric vehicle company Faraday Future is claiming additional progress on its efforts to start manufacturing vehicles, saying it has started construction of the foundation for its plant in Hanford, California. The company said the plant includes electrical and plumbing, and it hopes to begin installation of production and assembly equipment. The company claims it will start production at the plant in July of 2022. Faraday Future--like many other companies aiming at the electric car market--has yet to deliver production vehicles to customers. Despite the lack of vehicle deliveries, Faraday Future recently went public via a special purpose acquisition company (SPAC). (Image: artist's rendering of the production plant, via Faraday Future).

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