HANFORD, Calif. — Struggling electric car startup Faraday & Future Inc. plans to use the former Pirelli Tire factory in Hanford for its first production vehicle, due in 2018, pivoting from an earlier plan to build a $1 billion site from scratch in Nevada.
Faraday has signed a lease on a 1 million-sq.-ft. structure in Hanford — about 210 miles northwest of Los Angeles — that was a Pirelli tire plant until January 2001.
Conversion of the site will begin in early 2018, in time for Faraday's first vehicle, the FF 91, to start production by year-end 2018.
"Our new production facility is the latest demonstration of our commitment to getting FF 91 on the road by the end of 2018," Dag Reckhorn, Faraday's vice president of global manufacturing, said in a statement. "Despite significant headwinds on the path ahead of us, we are laser-focused on that one key milestone."