Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) said on Monday it has reached a key milestone and started foundation construction for all remaining areas at the Hanford, California facility and that the company is on track to begin production next year.  What Happened: The pre-production electric vehicle maker said it plans to begin the installation of production and assembly equipment soon and that the construction has commenced in areas that include body, propulsion, warehouse and vehicle assembly.
Palantir-Backed Faraday Future Says On Track To Begin Production Next Year, Begins Foundation Construction