Faraday Future has had a hard time of it lately but is still moving forward with plans to take on the electric car market with the FF 91. The latest step in this plan has been signing commercial builder Bernards to serve as the general contractor for the automaker’s long-awaited factory in Hanford, California.
The electric startup originally intended on constructing a $1 billion factory in Nevada. However, work at that site was abruptly canceled last year at the same time billionaire investor Jia Yueting was dealing with various financial issues.
What’s more, Faraday Future was on the brink of collapse late last year but Yueting secured at least $1 billion in additional funding to keep the company afloat. Flush with this money, Faraday started demolishing the existing building at its Hanford site back in March.
Faraday Future is back but for how long?
In a statement, senior vice president of Global Manufacturing of Faraday Future, Dag Reckhorn, said the firm had recently been given a permit from the city government of Hanford to commence construction.
“We appreciate the support given to us by the City of Hanford. As of now, our on-site abatement, demolition, and refurbishment work has started, and we have ordered all the long lead-time equipment.
“We are extremely excited to have Bernards on board to work with us to ready our factory with our aggressive, yet workable, timeline.”
Faraday Future says the Hanford plant will employ up to 1300 people working on a 3-shift schedule.
In March, the company said it hoped to build its first pre-production car at the facility by the end of August.