wonder who is backing this
Faraday Future, a mysterious electric-car maker looking to take on Tesla, said Thursday it plans to invest $1 billion in a new US factory that will produce its first cars in 2017.
The Gardena, California-based startup, which launched 18 months ago, said it is considering several locations for the factory, including sites in California, Georgia, Nevada and Louisiana. A decision about the factory's location will be announced "in the coming weeks," Faraday Future said.
"Selecting the right location for the future FF manufacturing facility is critical to our overall goals," Nick Sampson, senior vice president of Faraday Future, said in a statement. "Producing our forward-looking and fully-connected electric vehicles not only requires the latest technology, but the right community partner."
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