South Korean electric car manufacturer CT&T said on Thursday it plans to build an assembly plant in Hawaii that will eventually produce up to 10,000 electric cars a year.
The company says it’s making a $200 million dollar investment. When it’s fully operational the facility expects to produce 10,000 2-seater electric cars a year and employ 400 people.
The CT&T electric cars will cost between $8,000 and $20,000 to buy, but only $7 a month to operate.
The plant would make small two-seaters that reach speeds up to 40 mph and be deployed onto Hawaii’s city and neighborhood roads.
Their batteries will last for 30 or 60 miles, depending on the model, and then be recharged at electric stations that are planned to begin popping up by the end of this year.
CT&T earlier this year introduced three models at the North American International Auto Show, saying it wants to manufacturer the cars at various sites around the country.
Its offerings include the E-Zone Plus, a two-passenger vehicle that has a top speed of 45 mph and a range of 75 miles. Other models include a sports car that has a top speed of 95 mph, an amphibious four-seater, and utility and golf course vehicles.