05/03/2024

Electric car maker eyes Sacramento, Tracy for factory

Sacramento is in the running once again for a major factory in a hot high-tech industry: electric cars.

After losing its long-shot bid for Tesla Motors Inc.’s battery plant in 2014, Sacramento has emerged as one of two California cities being considered for a 1,300-employee factory to build electric vehicles. Sacramento’s rival in California is Tracy, although the manufacturer is looking at out-of-state locations, too.

The company is Atieva USA Inc., a Silicon Valley startup that’s being bankrolled in part by a Chinese Internet billionaire. Its interest in Sacramento and Tracy was disclosed in documents filed in January with a state financing authority, but it didn’t become public knowledge until Thursday.

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