Faraday Future leases central California factory in attempt to keep its electric car dreams alive
Just last month, Faraday Future scrubbed its ambitious plans for a $1 billion megafactory in Nevada. Now, the electric vehicle startup has found a new location for the production of its car of the future: a 55-year-old former Pirelli factory in Hanford, California which has been mostly empty since 2001.
The property, now known as Hanford Business Park, is about 200 miles north of FF’s Los Angeles headquarters. It’s owned by a US-based real estate development and investment firm called Industrial Realty Group. The Verge first learned of the factory after speaking to a source with knowledge of the situation. A representative for FF confirmed that the company will be moving into the park when the terms of the lease begin in early 2018.