Faraday Future's plan to bring an electric car to market is getting a bit clearer, after months of speculation about the secretive company's plans to compete with Tesla.
The company has announced a partnership with Nevada to build its vehicle manufacturing plant in a Northern Las Vegas suburb.
"We are eager to begin production of our vehicle of the future," Faraday Future executive Dag Reckhorn said Thursday, "it will embrace the increasingly intrinsic relationship between technology and mobility."
The new 3-million-square-foot facility will create 4,500 jobs on site, according to a statement from Faraday Future, "with thousands more indirect jobs in the community."
The plant will essentially put Faraday Future in the backyard of Tesla's Reno-based Gigafactory.
It's also supposed to lend credence to Faraday Future's ambitious plan of bringing an electric vehicle to market by 2017 — but that remains an ambitious goal, considering the company has yet to fully reveal its vehicle concept.
That concept is expected to be revealed next month at the Consumer Electronics Show in Las Vegas. Faraday Future says its car "will offer seamless connectivity to the outside world."
For its part, Tesla Motors welcomes the competition. In a statement to Business Insider Thursday, a Tesla spokesperson said, "We're glad to see interest, investment and development in EVs."
Notably, the factory will go up in a location that's far away from the automotive supply chain. Its nearest neighbors in Northern Las Vegas are a handful of pot farms, according to a Bloomberg report.
Faraday Future is backed by Chinese billionaire Jia Yueting, an investor who also CEO of the holding company LeTV, and who styles himself after Apple's late Steve Jobs, The Associated Press reports.
