The Kentucky Economic Development Finance Authority had earlier approved a $15.5 million dollar financial incentive package for Global Green Cars to build this electric vehicle production facility.
The company reportedly plans on completing the transition of its personnel and operations from Idaho to Williamsburg, Kentucky by October 2009.
Global Green Cars intends to produce first stage vehicles in 2010 in a temporary facility and to scale up to mass production in 2011 in a new facility built to meet anticipated demand for its electric vehicles.
Upon completion of the building, assembly lines and logistical peripheral structures, the new facility in Williamsburg is expected to be capable of producing up to 30,000 electric cars and trucks per year.
A service of YellowBrix, Inc.