Company/Division name | Faraday Future |
Parent company | LeEco |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Capital investment ($): | 1 billion |
Country(ies) from which reshored: | China |
City reshored to: | Nevada (and Vallejo, CA in future) |
State(s) reshored to: | NV |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | battery-electric vehicles |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | 12.7 M (tax credit from CA) |