CT&T Reports $400M In Orders For 38,000 EVs

At the Tokyo Motor Show last week South Korea based CT&T announced orders and distribution agreements worth $400 million for 38,000 of its e-Zone EVs.  The e-Zone is configured as an LSV for the US market but can have a top speed of 44 mph. The vehicle’s range is 41 and 68 miles with the lead-acid and lithium in battery packs respectively.

The vehicles are expected to begin shipping next month with 27,000 bound for the US.  Another 5,000 are headed for Canada, 4,000 for Japan and 2,000 for Taiwan.  This production volume is expected to be fulfilled at the end of first quarter 2010.  The vehicles will be delivered as complete units until CT&T’s Regional Assembly and Sales Systems(RAS) are developed.  The company is currently looking in the Pittsburgh and Philadelphia areas to locate two such regional assembly and distribution centers.  Learn more:  Greencarcongress.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.