Faraday Future barely broke down on its $1 billion electric vehicle factory in Nevada, yet it is now reportedly in negotiation to acquire lands in Vallejo, California, in order to build another production facility. As if we needed more links between the electric vehicle startup and Tesla, it looks like both companies are now aiming to each have factories in the Bay Area (Vallejo for FF and Fremont for Tesla) and Nevada (North Las Vegas for FF and Sparks for Tesla) – something unusual for car companies.
The Vallejo Times-Herald reported on a meeting scheduled for later this month to discuss the sale of 157 acres on North Mare Island.
“A special Vallejo City Council meeting is set for May 31 to consider an exclusive negotiating agreement with the firm, they said.
The project would be the first new automobile manufacturing facility built from the ground up in California in decades, and would bring hundreds of millions of dollars of new investment and a long-sought major employer to the former U.S. Naval base, city officials said.”
The company would demolish the buildings currently located on the land (seen below) and it would start from the ground up.
Faraday acquired 900 acres in Las Vegas versus the 157 acres it is eyeing in Vallejo – leading us to believe it would be a much smaller facility than the high volume factory in Nevada, but the company is referring to the project as a production plant with offices.
It already has offices in Southern California for its leadership, engineers and designers, but a facility in the Bay Area would allow the company to tap into the engineering talent in the region. Just over 2 years since its inception, FF already employs more than 760 people in the United States and 200 more worldwide.
We should know more about the company’s plans for the Vallejo location after the meeting next week. In the meantime, Faraday Future released the construction schedule for the Nevada plant for the next month:
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