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Korean CT&T Partners with 2AM Group for Duncan, South Carolina Electric Vehicle Plant

07/01/2010
CT&T, a Korean manufacturer of electric vehicles, announced plans today to partner with Spartanburg, South Carolina's 2AM Group to invest $21 million in an electric vehicle production facility in Spartanburg County. The project will create 370 jobs and is expected to be fully operational by the fourth quarter of this year.

"Upstate South Carolina is an ideal location for our first North American assembly facility," said CT&T CEO Young Gi Lee. "We are very happy to be located in an area that provides automotive infrastructure, a skilled work force, and proximity to markets that are prime targets for electric vehicle ownership."

The new assembly plant will be located in Duncan, South Carolina. CT&T will have access to more than 300,000 square feet of space due to the existing 2AM facility. CT&T also has U.S. operations in Atlanta and Long Beach, California.

CT&T's flagship e ZONE and c ZONE vehicles will be produced in South Carolina. The e ZONE can travel up to 70 miles on a single charge, and the smaller c ZONE is designed for neighborhood transportation in developments such as planned communities and resorts.

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