SF Motors, with support from Ann Arbor SPARK, the Michigan Economic Development Corp., and Pittsfield Township, recently chose the Ann Arbor region for its U.S. research and development operations. The company will invest more than $10.7 million in the project, which will create 150 new jobs.
SF Motors is a subsidiary of auto manufacturer and supplier Sokon Industry Group, one of the top 500 private companies in China. SF Motors is tapping in to the engineering and technical talent in the Ann Arbor region for its research and development operations.
"Ann Arbor attracts global attention from companies like SF Motors because it's one of the few places in the world that has a confluence of mobility innovation and talent," said Paul Krutko, president and CEO of Ann Arbor SPARK. "The significant investment that SF Motors is making in the Ann Arbor region is a sign of confidence; the company recognizes that this region can support its long-term growth as it works to bring its electric vehicle technology to market."
Read more about this exciting news on the Ann Arbor SPARK blog.
View the SF Motors Press Release via the Detroit Free Press.