The California based EV maker Faraday Future is planning on having a factory in northern Las Vegas! The Faraday Company has already told the authorities that they will buy just enough bonds to secure the infrastructure finances! The Faraday Company started working on this huge factory in January this year.
However, the bond investment will be up to $75.000.000, as Faraday Future has also agreed for a $13.000.000 deposit. Once the EV maker builds 1.6 square feet it gets the deposit back. The company will be backed by the Chinese billionaire J. Yueting! The company continues to be busy! Lot to hear from them in near future!
