In a communique, Bannon Automotive, LLC announced that it has selected Central New York as a manufacturing site for its affordable plug-in electric vehicle which is based on technology developed in the U.S. by Reva Electric Car Company.
Bannon Auto stated that it has executed a memorandum of understanding with the State of New York finalising the site selection process, marking an important step in Bannon’s plans to produce an electric vehicle based on the technology used in the Reva NXR for the North American market in 2010.
Onondaga County emerged as the top choice from an initial list of more than a dozen locations in the United States due to its prime location, workforce, and commitment to green and clean technology leadership.
In another important development, Reva has granted exclusive rights to Bannon Automotive for U.S. development and production of its electric cars, pending the finalization of its financing commitments. Bannon is working to complete its financing by the end of 2009.
“We are proud that we will produce these cars for the North American market in the United States. Syracuse’s proximity to half the population of the U.S. allows us easily to reach key markets for new electric vehicles that extend well beyond the northeast,” said
Paul Wimer, CEO, Bannon Automotive, LLC. “Central New York’s position as a national leader in green technology, and the support we received from elected officials and economic development agencies were major factors in our decision.”
It is to be mentioned that Bannon Automotive was first introduced to Central New York development officials by Senate President Malcolm A. Smith. Senator Smith encouraged the company to consider an upstate New York site after learning that the business was seriously considering locations in Michigan and Kentucky. Governor Paterson made several personal phone calls to company officials to emphasize the State's commitment to green jobs and advanced manufacturing.
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