Hawaii Part of Huge U.S. Push by CT&T

CT&T

The South Korean electric carmaker that is planning to open a manufacturing and sales operation on Oahu by the end of next year thinks big. CT&T Co. of Seoul, which calls itself the largest electric vehicle maker in the world, announced plans in May 2010 to build a $200 million assembly plant on Oahu, with the goal of producing 10,000 all-electric vehicles annually and creating as many as 300 permanent jobs in the state.

That alone sounds ambitious. But the Hawaii plant is just one of 40 planned facilities that CT&T — an acronym for Creative Transportation & Technology — hopes to build in the U.S. to expand its reach beyond Asia. Two factories have already been established, in Long Beach, Calif., and Newnan, Ga., outside of Atlanta. The Oahu plant is one of three in the works that will add to four existing plants in Asia.

The company's goal is to have 40 U.S. plants producing 300,000 vehicles annually by 2015.

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