Faraday Future has signed a deal with the California city of Vallejo for a 150 acre manufacturing site on Mare Island, an abandoned former US Navy shipyard situated 30 miles north of San Francisco.
“When we first started marketing this property, our first objective was good-paying jobs with green technology and an employer willing and able to make the necessary investment,” said Mayor Osby Davis. “Faraday Future and its plans to make Vallejo its second manufacturing site and bring green technology to Mare Island checks all the boxes.”
The Faraday facility is expected to create hundreds of much needed jobs and to pump hundreds of millions of dollars into Vallejo. The city was the original capitol of California. It went bankrupt in 2008 after the Navy shuttered the shipyard and left town.
“We anticipate that the project will create hundreds of construction related, ongoing professional, and manufacturing jobs to local residents,” said Faraday Future spokeswoman Stacy Morris. “Additionally, the investment in our manufacturing facility, customer experience center, and business offices is estimated in the hundreds of millions of dollars. This includes investing significantly in the restoration and revitalization of the land surrounding the facility.”
Faraday Future is keeping quiet about exactly what sort of work will take place on Mare Island. Its company headquarters are located in Gardena, an industrial city south of Los Angeles. It is just now beginning construction of a billion dollar factory in North Las Vegas, Nevada. It is said to have 760 employees in the US.
The company says it will build electric cars that feature advanced connectivity. It also claims to have created an innovative chassis platform that can be adjusted for width and length to accommodate the shifting needs of the marketplace.
Faraday is expected to unveil a prototype of its first car before the end of this year. The first production cars are supposed to begin rolling out of the Nevada factory in 2018.
Source: Associated Press via CBS Sacramento. Image credit: Faraday Future