Bannon to build EV plant in New York

subscribe

Bannon Automotive LLC, in a joint venture with IndiaÂ’s REVA Electric Car Company, is planning to construct a $30 million electric-car manufacturing plant in Clay, New York.

Construction plans include the renovation of an existing 150,000-square-foot building and the installation of production equipment for a facility that will produce 15,000 to 20,000 electric cars per year. The electric car plant will use technology developed by the REVA Electric Car Company and will build REVA's NXR Model a lithium-ion-powered hatchback with three doors and four seats. Construction is anticipated to begin in late spring of this year, with overall completion slated for early fall. Approximately 100 new jobs will be created.

Bannon Automotive LLC is located on Long Island in New York. The company was founded more than a year ago for the purpose of setting up a vehicle plant that to make affordable electric cars.

REVA Electric Car Company, founded in 1994 as a joint venture between the Maini Group of India and California-based AEV LLC, is considered to be the world's leading electric-car manufacturing company, producing environmentally friendly, cost-effective electric vehicles.

Related News

totalenergies-to-acquire-german-renewables-developer-vsb

TotalEnergies to Acquire German Renewables Developer VSB for US$1.65 Billion

BERLIN - In a major move to expand its renewable energy portfolio, French energy giant TotalEnergies has announced its decision to acquire German renewable energy developer VSB for US$1.65 billion. This acquisition represents a significant step in TotalEnergies' strategy to accelerate its transition from fossil fuels to greener energy sources, aligning with the global push towards sustainability and carbon reduction.

Strengthening TotalEnergies’ Renewable Energy Portfolio

TotalEnergies has long been one of the largest players in the global energy market, historically known for its oil and gas operations. However, in recent years, the company has made a concerted effort to diversify…

READ MORE
Site C Dam

OPINION | Bridging the electricity gap between Alberta and B.C. makes perfect climate sense

READ MORE

canadian protest

How Canada can capitalize on U.S. auto sector's abrupt pivot to electric vehicles

READ MORE

alberta-advances-electricity-plans-with-rate-of-last-resort

Alberta Advances Electricity Plans with Rate of Last Resort

READ MORE

is-ontario-power-cost-effective

Is Ontario's Power Cost-Effective?

READ MORE