Faraday Future is breaking ground on its $1 billion EV factory in North Las Vegas
Faraday Future says it started clearing up the site of its future $1 billion electric vehicle factory in North Las Vegas during the weekend. The startup needs to move quickly if it wants to deliver on its plans to bring to market its first vehicle in 2017.
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First pictures from inside the Tesla Gigafactory emerge
Even though Tesla has been producing stationary energy storage products at the Gigafactory 1 in Nevada for a few months now, we haven’t had the chance to see any pictures from inside the plant since the walls of the first section of the factory are up.
Today we get our first modest look via professional photographer James Lipman’s Instagram (first spotted by Evannex).
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SolarCity leaves Nevada and 2,000 local workers after PUC gives Warren Buffet’s NV Energy a monopoly on solar
SolarCity announced yesterday that it will cease sales and installations in Nevada after the state’s Public Utilities Commission approved a 75% reduction of the price electric utilities pay for electricity generated from rooftop solar. The new rule makes net-metering uneconomical and “effectively shut down” the homeowner and 3rd party-owned rooftop solar industry in Nevada, giving a monopoly to utility-owned systems.
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Nevada approves $335 million in incentives for Faraday Future to build its electric car factory in the state
Earlier this month, we reported on Faraday Future’s plan to build its electric vehicle factory in North Las Vegas. Now we learn (via AP) that during the weekend, Nevada Gov. Brian Sandoval approved a $335 million incentive package in a deal that will bring Faraday Future’s factory to a Las Vegas suburb.
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