South Korea-based CT&T Co. Ltd., intends to open two production and distribution facilities in Pennsylvania. (Earlier post.) Pennsylvania Governor Ed Rendell made the announcement at Carnegie Mellon University in Pittsburgh.
CT&T makes low- and mid-speed, short-distance neighborhood electric vehicles that pass crash tests required for regular passenger cars. The vehicles sell for about $12,000.
As the demand for electric vehicles grows, the Governor said, companies and universities like CMU will be called upon to develop more efficient and economical batteries, while the nation’s electrical infrastructure will need to be upgraded to accommodate vehicles in need of a recharge.
The company is focusing on sites on the Delaware River in Philadelphia for its initial Pennsylvania location. Company executives visited five prospective sites in the Pittsburgh region yesterday, including two within the city. While in Pittsburgh, CT&T executives also met with experts in battery and fuel technology from Carnegie Mellon University, which is engaged in a range of research initiatives to support the growth and development of electric vehicle technology.
CT&T has been exporting to China, Canada, the United Arab Emirates, Japan, and the United States since 2005. The company says cities with large municipal fleets offer a considerable initial market opportunity, with the electric car as a low-cost option for parking authorities, parks and recreation departments, and similar agencies with short-distance, low-speed vehicle needs. CT&T has a contract to supply 4,000 neighborhood electric vehicles to California police organizations, which will use them as downtown parking supervision vehicles.