Bannon Automotive plans to invest US$26.6m to set up a new manufacturing plant for plug-in electric vehicles in New York State’s Onondaga County. The company has been offered a US$3m grant in support of the project by Empire State Development.
The facility will create 250 new full-time jobs within three years. Bannon will use technology based on that developed by Indian OEM Reva Electric Car Company to build Reva’s NXR model, shown at this year’s Frankfurt Auto Show. The three-door, four-seater NXR is powered by lithium-ion batteries and offers a 120-mile range on a single charge and a top speed of up to 100mph. It can be fully charged in eight hours from a standard outlet or in one and a half hours from a quick-charge station.
“We are proud that we will produce these cars for the North American market in the United States,” comments Bannon Automotive chief executive Paul Wimer. “Syracuse’s proximity to half the population of the United States allows us to easily reach key markets for new electric vehicles that extend well beyond the northeast. Central New York’s position as a national leader in green technology and the support we received from elected officials and economic development agencies were major factors in our decision.”
Headquartered in New York, Bannon was established to design, build and manufacture an affordable plug-in electric vehicle for the North American automotive market.
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