(Hazelwood, Mo. – May 11, 2015) The Volvo announcement to build a $500 million plant in South Carolina has made the potential pathway for Emerald Automotive much clearer. As reported in the New York Times, Volvo will build the facility in Berkeley County, SC, just outside Charleston.
Emerald Automotive and Volvo, both owned by Geely Automobile Holdings, have announced plans to manufacture in the United States. While Volvo will be in South Carolina, Emerald has plans in the state of Missouri. Emerald also was just selected by the Postal Service as one of a select few auto manufacturers to advance plans for assembling 180,000 new electric hybrid delivery vans.
“It is very gratifying to have one of our most trusted and significant partners so close in proximity”, said Gary Marble, Emerald Communications Director. “We could not be more excited about the possibilities.”
Volvo’s new South Carolina factory will initially be capable of making 100,000 vehicles a year, though company officials have yet to disclose what models may be produced there.
A Volvo factory in Chengdu, China. Credit Ng Han Guan/Associated Press
“It illustrates how critical the North American region continues to be, even with China’s ascension to the largest new-car market on the planet,” said Karl Brauer, Senior Analyst at Kelly Blue Book.
Emerald Automotive continues to work toward a new production facility in Hazelwood, Mo., an effort endorsed by Geely. Plans are to manufacture a light-weight electric hybrid delivery vehicle, capable of over 100 mpg at the Missouri factory. Emerald is also just completing a re-design of the London Taxi using the same hybrid technology. Production for the new London Taxi is scheduled in Coventry, England, 100 miles northwest of London.
Contact: Gary Marble, Communications Director (636)384-9575