2nd E.V. plant on tap for Kentucky

Sirius Energies Corporation received preliminary approval for $15 million in tax incentives to make electric vehicles under the Global Green Cars name. Sirius plans to use an existing 70,000 square foot facility and build another 80,000 square foot building on an 11 acre site, according to state filings.

The company says it wants to build 10,000 units annually and employ 350 by 2012. It plans to invest more than $33 million to get production rolling, which includes $26 million in new equipment.

It was unclear when construction would start. Company officials could not be reached for comment.

Another electric vehicle venture in Kentucky is in limbo.

ZAP Motor Manufacturing Kentucky wants to build a plant, but is waiting to hear back on a $160 million loan application with the feds.

Source : eJournal, by Joe Cogliano, September 7th, 2009