HANFORD — Faraday Future, a Los Angeles-based electric car company, is set to open a manufacturing facility in Hanford that is expected to bring more than 1,300 jobs to the city of Hanford.
Faraday Future is currently beginning the process of clean-up at the site located in the building of the former Pirelli tire plant.
The facility marks a step in the company producing its first vehicle, the FF91. The vehicle is expected to be sent to market in 2018.
“We know there is a lot of work and risks ahead, but this event represents a major step forward for the company,” said Stefan Krause, COO/CFO, Faraday Future. “Investors invest in people, and our employees continue to be Faraday Future’s strongest asset. As we begin this next phase in our company’s history, our efforts to build out strong corporate leadership will bring a new focus to Faraday Future and deliver on our commitments to employees, investors, suppliers, and future users, who have shown exceptional patience and resilience through the company’s difficult times.”
On Saturday, 370 of the companies’ employees voluntarily drove from Los Angeles to Hanford to begin the process of site clean-up.
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“The future of zero emission production is in California,” added Panorea Avdis, director of the Governor’s Office of Business and Economic Development. “Faraday Future’s announcement today is another step toward realizing Governor Brown’s goal of adding one and a half million zero emission vehicles on the road by the year 2025. When Faraday Future achieves its goals, the state of California achieves ours, and our office will continue to assist the company’s needs to grow and expand, as we have from day one.”
Dag Reckhorn, Faraday Future’s VP of Global Manufacturing, is spearheading all strategy and execution behind the new Hanford site.
“Our new production facility is the latest demonstration of our commitment to getting FF 91 on the road by the end of 2018,” said Reckhorn. “Despite significant head winds on the path ahead of us, we are laser-focused on that one key milestone.”
Hanford was selected for the facility’s location because of it being centrally located between two of the world’s largest electronic vehicle markets, Los Angeles and Silicon Valley.
After Saturday’s event, Faraday Future will continue the process of site preparations, including planning, refurbishment and permitting. Following the move-out of current tenants in late November, the company expects significant movement on the site in early 2018.