Tuesday, August 26, 2008
Electric Car Plant Planned For Kentucky
Governor Steve Beshear signed an executive order earlier this month allowing the use of low-speed, three and four wheeled electric cars on Kentucky roadways, with speeds not to exceed 45mph.
He announced Monday the state has authorized a tax incentive plan to bring an electric car plant to Kentucky. California based Zero Air Pollution has scheduled production to begin next year in Franklin, about 135 miles southwest of Louisville. The planned one million square foot plant is scheduled to be built on 225 acres in an industrial park, and, it is expected to bring up to 4000 new jobs within the next four years.
State officials have authorized 48-million dollars in tax credits.
He announced Monday the state has authorized a tax incentive plan to bring an electric car plant to Kentucky. California based Zero Air Pollution has scheduled production to begin next year in Franklin, about 135 miles southwest of Louisville. The planned one million square foot plant is scheduled to be built on 225 acres in an industrial park, and, it is expected to bring up to 4000 new jobs within the next four years.
State officials have authorized 48-million dollars in tax credits.