Reva NXR EV To Be Produced In Upstate New York

Bannon Automotive of Freeport, NY has announced plans to manufacture the Reva Electric Car Company’s NXR electric vehicle in Onondaga County in upstate New York. The Governor of New York reported that assembly of the vehicles would take place in Clay in an existing 150,000 square foot building.  Targeted for metropolitan markets as a city car, the two-seat Reva NXR will have a top speed of 50-55 mph, a range of 50 miles and be priced at $17,000. A four passenger hatchback version will sell for between $20,000 and $25,000.  The plan is to have the vehicle on the market in the third quarter of 2010.

To start, the company will import the vehicle parts from India and assemble them in the US.  Eventually, management expects to identify US suppliers and source 80 to 90 percent of the vehicle.  The state is providing $3 million grant and $3.76 million in wage and tax credits, and federal loans and guarantees of $52 million are expected as well.  Initially the plant will employ 100 people and up to 250 if maximum annual plant production of 15,000 to 20,000 vehicles is reached.  Learn more:  Syracuse.com