Faraday Future Plans $1 Billion Electric-Car Factory, Site TBD

Mysterious electric-car startup Faraday Future said yesterday that it will invest $1 billion in a U.S. factory, which will begin producing cars within two years. The company has not selected a site, but said it is considering locations in California, Georgia, Louisiana, and Nevada. Nevada has now apparently replaced Texas in the contest. The Lone… …read more