CT&T Still Looking For Plant Sites

Korean neighborhood electric vehicle manufacturer CT&T is still looking for plant sites in the Pittsburgh and Philadelphia areas.  The company plans to open 30 to 40 sales and assembly locations throughout the US eventually but has not yet broken ground on the first one.  Previously the company had announced orders for 4,000 of their vehicles for California police departments and another 27,000 bound for the US in the short term. Learn more:  PittsburghLive.com

Comment: It remains to be seen if these various plans and vehicle sales come to fruition.  I recently checked the SEC filings of T3 Motion, the exclusive distributor for CT&T vehicles for the security market segment, and their most recent quarterly findings indicated no significant revenue from CT&T vehicles.  I followed up with a phone call to T3 Motion’s CEO and founder Ki Nam.  He confirmed that there have been no significant vehicle sales and that they have received only a small number of vehicles.  They are currently working with CT&T to make some vehicle modifications to better meet the needs of the security market customer. – Marc Cesare

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

Supply Chain News

LG Chem of South Korea will be supplying lithium-ion batteries to CT&T, the South Korean based LSV manufacturer.  CT&T last year won a contract to supply 4,000 LSVs to California police departments, and is currently looking around the Pittsburgh and Philadelphia areas for locations to build assembly plants.  Learn more:  Tradingmarkets.com

Zytek of Great Britain will be providing the Navistar and Modec joint venture with a 70kw electric powertrain for the venture’s commercial electric trucks being marketed in the Americas.  Four hundred of the trucks will be produced in 2010 using $39 million in grant money from the US government.  Learn more:  Autoevolution.com

Electric Vehicle Manufacturer CT&T To Open Plants In Pennsylvania

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.

Learn more:  SOAWorldMagazine

CT&T Announces Manufacturing & Distribution Approach To US Market

CT&T, manufacturer of the eZone NEV, recently announced their Regional Assembly and Sales System (RASS) approach for selling electric vehicles in the US.  RASS will utilize multiple assembly plants, each located near key electric vehicle markets.  Vehicles will be  assembled using parts sourced by CT&T.  Retail networks will be developed by each RASS for their designated region.  Each RASS is expected to cost between $8-$10 million to create according to management.  Learn more:  www.prweb.com

Comment: BG Automotive has also talked about building multiple assembly plants near key markets but has not mentioned separate retail networks as well. They are also still looking for funding to carry this out. – mc

Korean Manufacturer Offers New LSV

CT&T, a Korea based electric vehicle manufacturer, has developed the e-Zone EV low speed vehicle (LSV).

The vehicle comes with a 72 volt electric motor which can be powered by one of three battery pack options, flooded lead acid with a range of 35 miles or two different lithium ion packs with ranges of 45 and 75 miles. The company is establishing an assembly plant in Fiji which will be able to produce up to 10,000 vehicles annually. For North America, CT&T reports it is building an assembly line in conjunction with Royal Laser Mfg. in Toronto, Canada with an annual capacity of up to 15,000 vehicles and a projected start date in March 2009.

In the US the vehicle will be marketed as the CT Series Micro Car by T3 Motion. The company is targeting the public safety and private security markets and has contracted for 4,000 vehicles from CT&T. The deal is reported to be worth $50 million or about $12,500 per vehicle. The company reports orders for 100 vehicles already.

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