GARDENA, CA—Faraday Future, an electric-car company that is modeling itself after Tesla Motors, is searching for a location for its first assembly plant. Four states—California, Georgia, Louisiana and Nevada—are in the running for the $1 billion factory.
Apple Inc. reportedly has a team of more than 100 engineers working on a top-secret project in Silicon Valley called Titan. Their goal is to rethink and reinvent the automobile.
HORN LAKE, MS—GreenTech Automotive has begun assembling the MyCar, a two-seat, all-electric vehicle, at its new assembly plant here. At capacity, the facility is expected to create more than 400 direct jobs.