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Faraday Future delays EV production plant in Nevada

Construction on Faraday Future’s Nevada EV manufacturing plant has stopped, putting projected electric car delivery dates at risk, according to the Financial Times. The Chinese company, backed by electronic giant LeEco, is overdue on millions of dollars of bills to its general contractor Aecom, Nevada state treasurer Dan Schwartz told the FT. Construction is set to resume early next year, but it’s unlikely the factory — still in the early phases of construction — will be ready to produce vehicles by 2017.

Builder Aecom didn’t confirm if Faraday had missed any bill payments, and said that it remains committed to the project. “Faraday Future is temporarily adjusting their construction schedule with plans to resume in early 2017,” it said. – READ MORE