Valley Public Radio - Live Audio

manufacturing

Faraday Future

After a turbulent 2017 electric automaker Faraday Future could get a much needed infusion of around $1 billion, according to a new report from The Verge. The company's top investor, Chinese billionaire Jia Yueting is also now reportedly taking over as CEO of the firm.

Faraday Future

Hanford's former Pirelli tire factory is mostly vacant today, but in a few years it could be producing some of the world's most advanced electric vehicles. That's the vision of automaker Faraday Future, which announced this past weekend that it has selected the Kings County facility as the site of its planned manufacturing plant. The company had hoped to build a $1 billion factory in the Nevada desert, but shelved those plans earlier this year amid financial problems.