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Chinese-backed electric carmaker picks Nevada for $1B plant
The Associated Press ^ | December 10, 2015 | Michelle Rindels and Justin Pritchard

Posted on 12/09/2015 10:24:19 PM PST by 2ndDivisionVet

CARSON CITY, Nev. (AP) — A Chinese-backed electric car company with visions of revolutionizing transportation — but no product to show yet — announced plans Wednesday to build a $1 billion plant near Las Vegas, marking the second time in just over a year that Nevada has landed a coveted project from the budding industry.

California-based automaker Faraday Future's choice of Nevada over three other states is contingent on state lawmakers' approval of tax incentives that haven't been publicly described. The company's announcement, in a letter to Nevada legislators that was obtained by The Associated Press, also came with the revelation that it's backed by a Chinese billionaire investor who styles himself after Apple's late Steve Jobs.

"We plan to revolutionize the automobile industry by creating an integrated, intelligent mobility system that protects the earth and improves the living environment of mankind," wrote Jia Yueting (ZHAW' YOO'-weh-ting), who's the founder and CEO of the holding company LeTV...

(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Government; Local News
KEYWORDS: automobiles; automotive; blm; bundy; nevada

1 posted on 12/09/2015 10:24:19 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

? Dirty Harry in bed with the Chinese ?


2 posted on 12/09/2015 10:38:17 PM PST by dadgum (Overjoyed to be the Pariah.)
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To: dadgum
? Dirty Harry in bed with the Chinese ?

Somehow, I can just picture Dingy Harry with a mouthful of feathers, if you catch my drift. (I don't think he's the dominant one.)

3 posted on 12/09/2015 11:05:06 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: dadgum

Yeah.


4 posted on 12/09/2015 11:12:53 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: 2ndDivisionVet

If America can’t make electric cars the norm, it’s inevitable that another country will.


5 posted on 12/10/2015 3:19:55 AM PST by sakic
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To: dadgum

My first thought. I figure the son is making out pretty well. Wonder if they will still need the Bundy ranch? It was the Bundy ranch, wasn’t it? I am getting old and my memory sucks.


6 posted on 12/10/2015 3:53:22 AM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: 2ndDivisionVet

Ok, so who here wants to drive a Chinese electrical car?!?


7 posted on 12/10/2015 3:54:03 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: 2ndDivisionVet

It’s amazing. The campain’s barely begun yet, and Trump policies taking root already. China will build cars HERE.

Also, on Wednesday the U.S. Senate passed a measure putting the brakes on the rate of immigration for the present time. And a month or so ago, FORD announced that plans to move a truck operation to Mexico had been rescinded. The trucks will stay in the U.S.

Thank you President Trump.


8 posted on 12/10/2015 3:54:25 AM PST by Tucker39 (Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
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To: Caipirabob

Just saying, I’d get nervous using a Chinese hammer.


9 posted on 12/10/2015 3:54:42 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: 2ndDivisionVet

Will they hire American workers or bring in Chinese workers?


10 posted on 12/10/2015 5:54:42 AM PST by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: Mister Da

The ChiComs usually bring their own crews, support, contractors, everything and everyone.


11 posted on 01/02/2016 7:13:03 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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