A manufacturer of electric motorcycles will establish a manufacturing facility in San Bernardino.
Irvine-based RYVID plans to open the facility next year with a $20 million grant it received recently from the state-sponsored California Competes, according to a statement released by the company Tuesday.
Cost and location of the operation, and an exact opening date, were not disclosed.
RYVID also plans to use the money to set up a headquarters in Hawaiian Gardens and a lithium battery manufacturing facility in El Cajon.
“This grant will enable RYVID to establish business operations in California, and cement its presence here for the long-term,” said Scott Dosick, CalCompetes deputy director, in the statement.”California will be the home for innovation and investment that will increase employment, create living-wage jobs and contribute towards the state’s climate goals.”
California Competes is a tax credit available to any business in the state that wants to grow here, or any out-of-state business that wants to move here.