A Chinese-backed electric carmaker plans to build a $1 billion plant in North Las Vegas. Billionaire Chinese investor Jia Yueting, a major financial backer of California-based “Faraday Future” made that anouncement in a letter to state officials, according to the Associated Press. Lawmakers still would need to authorize tax incentives, and this could require a “Special Session” of the legislature. Last year, tax incentives helped Tesla Motors to build their battery “Giga Factory” in Northern Nevada.  Faraday Future plans to bring a vehicle to market as early as 2017. Nevada edged out California, Georgia, and Louisiana for the project.