Faraday Future cancels large Nevada factory

Posted on 11 Jul 2017 by Michael Cruickshank

Electric vehicle startup Faraday Future has reportedly canceled its plans to build a large automobile factory in Nevada.

The factory, located in Las Vegas was to cost the company approximately $1bn and would have created around 13,000 for the local area. The huge site was intended to be used to produce Faraday Future’s first mass market vehicle, the FF91, which it had announced in January this year. According to a statement by the…

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