Korean car company CT&T (Creative Transportation & Technology) is looking at building an assembly plant on Oahu and rolling out electric vehicles within two years.

Tim Sakahara at Hawaii News Now reports …

The company has narrowed its potential sites to four confidential locations on Oahu. It’s revving up its plans and hopes to be built and operating within the next two years. When it’s fully operational the facility expects to produce 10,000 2-seater electric vehicles a year and employ 400 people.

“In addition to the jobs we provide there may be as many as a 1,000 jobs from the ripple effect of our factory being built here,” said Joe White, CT&T USA Chief Operating Officer.

The cars will cost between $8,000 and $20,000 to buy, but only $7 a month to operate. They have a top speed of 25 miles per hour and a range of 80 miles per charge. The company also plans to import assembled cars for sale in the next six months.

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