New site expected to create more than 500 new jobs in the region, double charger production capacity in U.S.
KNOXVILLE — Australian electric vehicle (EV) charging company Tritium announced Tuesday it will establish its first U.S. manufacturing facility in Lebanon for manufacturing modular direct current (DC) fast chargers, including the company’s award-winning RTM and new PKM150 models. All together, the investment is expected to produce up to 30,000 electric vehicle chargers a year and create 500 new jobs in Tennessee over the next five years. Production is set to begin sometime between July and September 2022.
President Biden and National Climate Adviser Gina McCarthy highlighted the announcement Tuesday afternoon at a White House event focused on manufacturing and energy costs. On Thursday, Transportation Secretary Pete Buttigieg and Energy Secretary Jennifer Granholm will announce $5 billion to begin the process of putting 500,000 charging stations across America.
Cortney Piper, Executive Director of the Tennessee Advanced Energy Business Council, issued the following statement in response to Tuesday’s announcement.
“The Tennessee Advanced Energy Business Council applauds Gov. Bill Lee, TNECD Commissioner Bob Rolfe and all those at the state and local level who helped bring yet another monumental investment in the advanced energy economy to the state of Tennessee. With continued commitments from manufacturers like Tritium, our state’s goal of becoming the number one state in the country for the electric vehicle supply chain is becoming a reality.”
The Tennessee Advanced Energy Business Council (TAEBC) was created to champion the advanced energy industry, which includes fostering the growth of advanced energy startups and technologies.
Earlier this year TAEBC released an updated economic impact report that measured the scope and scale of the state’s advanced energy economy, which includes the electric vehicle supply chain. Altogether, Tennessee’s advanced energy industry grew at a faster pace than the state’s overall economy and employs nearly 394,000 Tennesseans in more than 20,300 businesses that contribute almost $46 billion to the state’s GDP. For more information on that report, click here.
About Tennessee Advanced Energy Business Council
TAEBC champions advanced energy as an economic development and job creation strategy. Advanced energy is technology neutral and includes electricity and transportation. Anything that makes energy cleaner, safer, more secure or more efficient is in the tent. No other entity in the state concentrates specifically on this robust sector. We educate public officials and business leaders about Tennessee’s advanced energy economy, establish strategic partnerships to connect assets with opportunities, and inform policy that expands and strengthens the industry. For more information, visit: https://tnadvancedenergy.com/.