-June 17,2021-
The production start-up date had been announced earlier to be at the end of this year, but the latest release postponed it another 6 months. Delays in the launching of manufacturing of this high-end electric car have been the order of the day in the past, although local officials in Hanford remain believers.
LA-based Faraday Future(FF) announced Tuesday June 15 that production would start by July 2022 at their leased assembly plant in Hanford in Central California.
The production start-up date had been announced earlier to be at the end of this year, but the latest release postponed it another 6 months. Delays in the launching of manufacturing of this high-end electric car have been the order of the day in the past, although local officials in Hanford remain believers.This reporter had written that the company had yet to pull major permits at the old Pirelli Tire facility but news that an architect is on board now offers hope the remodel work will continue.
Irvine-based architecture firm Ware Malcomb has been hired to finalize the 1.1 millions building’s design and engineering for an automobile plant in Hanford, says a news release this week.The firm will finalize architectural planning, interior design, and civil engineering for the Hanford manufacturing facility.
Faraday says the Hanford plant will produce 10,000 vehicles per year when it’s up and running.
Faraday Future, which announced a $3.4 billion SPAC merger in January with Property Solutions Acquisition Corp (PSAC), said last March a $100 million debt financing would allow it to begin production on the FF91 electric vehicle in Hanford. The merger is expected to be final next month.
“FF has already completed significant investment at our Hanford manufacturing facility, and with the additional funding from our merger with PSAC, we anticipate that the plant will be up and running in the near future,” said Dr. Carsten Breitfeld, Global CEO of FF.
“Since its inception, FF has always been committed to offering state of the art technologies including software, internet, and artificial intelligence. This is what sets us apart from the competition, and what we will be focusing our efforts on once production is underway.”
Faraday says it is currently preparing to merge with Property Solutions Acquisition Corp. “The previously announced merger, expected to close in July 2021, will result in the combined company listing on the Nasdaq Stock Market under the new ticker symbol “FFIE” after the closing. The I in “FFIE” represents Intelligent and Internet, and E represents Ecosystem and Electric. FF’s flagship electric vehicle (“EV”) – FF 91 – is planned to be launched within 12 months of the closing of the merger.”
Attachments area