Faraday Future seeks approval to build electric cars in California

URLhttp://www.latimes.com/business/autos/la-fi-hy-far
SourceLos Angeles Times
Date Published05/26/2016
Author NameCharles Fleming
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Faraday Future
Parent companyLeEco
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) reshoredbattery-electric vehicles
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:12.7 M (tax credit from CA)
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