Faraday Future merger promises to raise $1B to make electric cars in Hanford
Kings residents have heard the promises before â to make electric cars at the old Pirelli tire plant in Hanford to sell worldwide.
The start-up company, LA-based Faraday Future (FF) has had less than a stellar record to date.But now may just be their time.Â
They have leased the sprawling Hanford facility since 2017. The company prototype car FF91 made a big splash at an automotive show in 2016 where it was compared favorably to Tesla s performance. But it has been downhill since with staff hired then fired and the founder going bankrupt.
The Maui News
Mahi Pono’s Senior Vice President of Operations Shan Tsutsui has been promoted to chief operating officer, the company announced Wednesday.
Tsutsui succeeds Tim O’Laughlin who will be relocating to California to focus on new initiatives for both Mahi Pono and Pomona Farming, according to a news release.
In his new role, Tsutsui will be responsible for all day-to-day operations for the Maui-based farming company which includes management operations, business strategy, community leadership, government relations and sales and distribution. Tsutsui joined Mahi Pono in January of 2018.
Prior to joining the company, Tsutsui served as Hawaii’s lieutenant governor and a state senator representing Maui, in addition to with being a business owner and financial advisor.