Faraday Future, the California-based electric vehicle innovator, is making a significant leap into the Middle East by establishing its first regional hub in Ras Al Khaimah (RAK), UAE. With a substantial AED 30 million investment, the company is setting up a 108,000-square-foot facility in the Al Hamra area within the Ras Al Khaimah Economic Zone (RAKEZ). This state-of-the-art center will encompass office spaces, an engineering workshop, and an operational hub, aiming to create approximately 200 new jobs. The move is part of Faraday Future’s strategic expansion beyond the U.S. and China, marking RAK as a pivotal gateway for its Middle East operations.
The development is bolstered by a co-investment agreement with Master Investment Group, led by Sheikh Abdulla Al Qassimi, a prominent figure in RAK’s leadership. Construction is slated to begin by the end of this year, with the facility expected to be operational by late 2025 or early 2026. Faraday Future’s commitment to local sourcing is evident, as the company plans to procure approximately 80% of its essential factory equipment from suppliers within RAK, enhancing operational efficiency and supporting the local economy . This initiative underscores RAK’s growing prominence as a hub for sustainable innovation and advanced manufacturing in the UAE.
