A Florida-based maker of electric bicycles has committed to investing about $7 million in a Tennessee plant and distribution center, where it plans to hire 288 people to reshore work on a recently acquired brand.
Leaders of LEV Manufacturing said last week that they’ll use their new 100,000-square-foot building in Algood, which sits some 80 miles east of Nissan’s other big U.S. auto manufacturing plant in Smyrna, to house the assembly and distribution of Rad Power Bikes. Life EV Group, which owns 40% of LEV Manufacturing, acquired Rad Power in March as part of a plan to roll up e-bike and e-scooter companies. LEV Manufacturing also wosn Serial 1 Cycle Co., which was incubated at Harley-Davidson.
“This location will serve as a central hub for distributing and future assembly of leading electric mobility brands, including Rad Power Bikes, Serial 1 and Life EV,” Robert Provost, the CEO of both LEV Manufacturing and Life EV Group, said in a statement. “By bringing operations closer to our customers and investing in U.S.-based manufacturing, we are building a scalable platform to support long-term growth, innovation and job creation.”
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