CT&T LSV
Korean electric vehicle maker CT&T plans to open manufacturing and distribution facilities in the Philadelphia and Pittsburgh areas. The company will be making LSVs, which retail for about $12,000, at each of the locations. The company expects to employ about 200 people at each facility. In Philadelphia the company is looking at locations along the Delaware river and in Pittsburgh they have toured five sites in around the city.
CT&T’s long term strategy is to open 40 regional assembly and sales systems in North America as they target city and municipal fleets in particular. They currently have a contract to supply California police departments with 4,000 vehicles for use in parking enforcement.