EV bike manufacturer to establish operations in Algood
LEV (Light Electric Vehicles) Manufacturing officials will establish its first Tennessee facility in Algood to serve as the company's primary U.S. assembly, logistics and fulfillment center. LEV Manufacturing, part of the Life EV Group, will create 288 jobs and invest $7 million as the company acquires a 100,000 square-foot production and distribution facility at 2415 Burton Branch Road. The location will become a central hub for the distribution and new assembly of Rad Power Bikes products following Life EV Group’s recent acquisition of Rad Power Bikes’ assets. The new facility is expected to play a key role in supporting the company’s multi-brand platform and a U.S.-based manufacturing strategy, including partnerships with Tennessee’s research institutions to better support product innovation, battery technology, advanced manufacturing processes and workforce development initiatives. Founded in 2018 in Deerfield Beach, Florida, LEV Manufacturing expanded its platform through the acquisition of Serial 1 Cycle Company, the premium electric bicycle brand originally developed by Harley-Davidson.
