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Faraday Future to Sell 900 Acre Manufacturing Site in Las Vegas

March 14, 2019 2:03 pm

BEIJING (PingWest) - Faraday Future (FF) officially announced on Wednesday evening, Los Angeles time, that it will sell its 900 acre manufacturing site at the Apex Industrial Park in North Las Vegas. The expected asking price is $40 million.  FF said 700 acres of the site are ready for immediate industrial construction.

FF added that it plans to accelerate the turnout of its model FF91 and have FF81 mass produced in 2019. A number of investors are interested to invest in FF, the company says.