{"success":true,"data":{"pressRelease":{"id":"31552","rtpr_id":"nACSTdhZCa","ticker":"LFEV","exchange":"OTC","all_tickers":["LFEV"],"title":"Life Electric Vehicles Holdings, Inc. (OTC: LFEV) Announces Tennessee Facility to Support U.S. Assembly and Distribution Operations for Rad Power Bikes, Serial 1 and Life EV Brands","author":"ACCESSWIRE","published_at":"2026-05-12T13:00:00.214Z","article_body":"DEERFIELD BEACH, FL / ACCESS Newswire (https://www.accessnewswire.com/) / May\n12, 2026 / Life Electric Vehicles Holdings, Inc. (OTC:LFEV) (\"Life EV Group\"\nor the \"Company\"), https://lifeevgroup.com/ https://radpowerbikes.com, through\nits affiliated companies including LEV Manufacturing, Rad Life Mobility and\nSerial 1 Cycle Company, today announced a major Tennessee expansion initiative\nexpected to create approximately 288 jobs and establish a 100,000-square-foot\nU.S. assembly, logistics and fulfillment facility in Algood, Tennessee.\n\nThe announcement follows an official release issued by Tennessee Governor Bill\nLee and the Tennessee Department of Economic and Community Development\nregarding LEV Manufacturing's planned operations in Putnam County. The\nfacility is expected to become a central hub for planned U.S. assembly,\ndistribution and logistics operations supporting Rad Power Bikes, Serial 1 and\nLife EV branded electric mobility products.\n\nThe project represents a significant milestone in Life EV Group's broader\nstrategy to expand domestic assembly capabilities, optimize supply chain\noperations and strengthen long-term U.S.-based manufacturing infrastructure\nwithin the rapidly growing electric mobility sector.\n\nThe Tennessee facility is expected to support:\n*\nU.S.-based assembly and fulfillment operations\n*\nDistribution and logistics for multiple electric mobility brands\n*\nProduct innovation and advanced manufacturing initiatives\n*\nBattery technology and workforce development collaboration opportunities\n*\nExpansion into additional electric mobility and e-delivery categories\n(https://pr.report/lh2v)\n\"Establishing the Tennessee facility represents a major milestone for LEV\nManufacturing and the broader Life EV Group, including Rad Life Mobility,\"\nsaid Life Electric Vehicles Holdings CEO Robert Provost. \"This location will\nserve as a central hub for distribution and planned assembly of leading\nelectric mobility brands, including Rad Power Bikes, Serial 1 and Life EV. By\nbringing operations closer to our customers and investing in U.S.-based\nmanufacturing, we are building a scalable platform to support long-term\ngrowth, innovation and job creation.\"\n\n\"One of the top questions Rad receives from our more than 680,000 riders is,\n'Where is my e-bike made?'\" said Jim Brown, Rad Life Mobility CEO and\npresident. \"With this announcement, we're excited that the answer will soon\nstart with 'right here in the U.S.' We hope it inspires continued investment\nacross the micro mobility industry in American jobs and innovation.\"\n\nThe Company also highlighted comments included in the official State of\nTennessee announcement regarding the project.\n\nTennessee Governor Bill Lee stated in the State's official announcement:\n\n\"Tennessee's strong, business-friendly climate makes our state one of the best\nplaces to live, work and raise a family, and investments like this one from\nLEV Manufacturing underscore the strength of that foundation we've built\nstatewide. I'm looking forward to seeing how these 300 new jobs create greater\nopportunities for nearly 300 families across the Upper Cumberland.\"\n\nTennessee Department of Economic and Community Development Commissioner Stuart\nC. McWhorter added:\n\n\"We are proud to welcome LEV Manufacturing to Tennessee. Companies that not\nonly create jobs but also seek to partner with our exceptional research\ninstitutions are exactly the type of investment and business we want to\nattract, and we look forward to seeing the success that follows today's\nannouncement.\"\n\nThe Tennessee facility is expected to support the continued integration and\nexpansion of the Company's growing electric mobility platform following Life\nEV Group's recent acquisition of key Rad Power Bikes assets and LEV\nManufacturing's prior acquisition of Serial 1 Cycle Company, the premium\nelectric bicycle brand originally developed in collaboration with\nHarley-Davidson.\n\nThe Company believes the Tennessee location provides strategic advantages\nthrough workforce availability, logistics access, business-friendly policies\nand opportunities to collaborate with regional research institutions and\nadvanced manufacturing initiatives.\n\nAbout Life Electric Vehicles Holdings, Inc.\n\nLife Electric Vehicles Holdings, Inc. (OTC:LFEV) is a U.S.-based electric\nmobility platform company focused on acquiring, developing, and scaling\nelectric bicycle and micro-mobility brands supported by vertically integrated\ndomestic assembly, supply chain, and distribution capabilities. The company\nrecently acquired the Rad Power Bikes brand and operating assets, including\nintellectual property, inventory, and retail operations. Through its Rad Life\nMobility subsidiary, the company supports sales, customer service, and\ndistribution across direct-to-consumer, retail, and dealer channels. Life EV\nalso holds an equity interest in LEV Manufacturing, Inc., which acquired the\nSerial 1 premium electric bicycle brand originally developed and spun off from\nHarley-Davidson. The company is advancing U.S.-based production initiatives,\nincluding planned operations in Florida, Tennessee, and Utah, to support\ndomestic assembly, supply chain efficiency, and long-term manufacturing\nscalability. With a strategic focus on innovation, sustainability, and\nAmerican assembly, Life EV is positioned to become a leading vertically\nintegrated electric mobility platform in North America.\n\nInvestor Relations & Media Contact:\nLife EV Group\nPress@LifeEVGroup.com\n(954) 859-0536\n\nSOURCE: Life Electric Vehicles Holdings, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/transportation/life-electric-vehicles-holdings-inc.-otc-lfev-announces-tennessee-facility-to-suppor-1166055)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSTdhZCa","title":"Life Electric Vehicles Holdings, Inc. (OTC: LFEV) Announces Tennessee Facility to Support U.S. Assembly and Distribution Operations for Rad Power Bikes, Serial 1 and Life EV Brands","author":"ACCESSWIRE","ticker":"LFEV","created":"2026-05-12T13:00:00.214Z","tickers":["LFEV"],"exchange":"OTC","article_body":"DEERFIELD BEACH, FL / ACCESS Newswire (https://www.accessnewswire.com/) / May\n12, 2026 / Life Electric Vehicles Holdings, Inc. (OTC:LFEV) (\"Life EV Group\"\nor the \"Company\"), https://lifeevgroup.com/ https://radpowerbikes.com, through\nits affiliated companies including LEV Manufacturing, Rad Life Mobility and\nSerial 1 Cycle Company, today announced a major Tennessee expansion initiative\nexpected to create approximately 288 jobs and establish a 100,000-square-foot\nU.S. assembly, logistics and fulfillment facility in Algood, Tennessee.\n\nThe announcement follows an official release issued by Tennessee Governor Bill\nLee and the Tennessee Department of Economic and Community Development\nregarding LEV Manufacturing's planned operations in Putnam County. The\nfacility is expected to become a central hub for planned U.S. assembly,\ndistribution and logistics operations supporting Rad Power Bikes, Serial 1 and\nLife EV branded electric mobility products.\n\nThe project represents a significant milestone in Life EV Group's broader\nstrategy to expand domestic assembly capabilities, optimize supply chain\noperations and strengthen long-term U.S.-based manufacturing infrastructure\nwithin the rapidly growing electric mobility sector.\n\nThe Tennessee facility is expected to support:\n*\nU.S.-based assembly and fulfillment operations\n*\nDistribution and logistics for multiple electric mobility brands\n*\nProduct innovation and advanced manufacturing initiatives\n*\nBattery technology and workforce development collaboration opportunities\n*\nExpansion into additional electric mobility and e-delivery categories\n(https://pr.report/lh2v)\n\"Establishing the Tennessee facility represents a major milestone for LEV\nManufacturing and the broader Life EV Group, including Rad Life Mobility,\"\nsaid Life Electric Vehicles Holdings CEO Robert Provost. \"This location will\nserve as a central hub for distribution and planned assembly of leading\nelectric mobility brands, including Rad Power Bikes, Serial 1 and Life EV. By\nbringing operations closer to our customers and investing in U.S.-based\nmanufacturing, we are building a scalable platform to support long-term\ngrowth, innovation and job creation.\"\n\n\"One of the top questions Rad receives from our more than 680,000 riders is,\n'Where is my e-bike made?'\" said Jim Brown, Rad Life Mobility CEO and\npresident. \"With this announcement, we're excited that the answer will soon\nstart with 'right here in the U.S.' We hope it inspires continued investment\nacross the micro mobility industry in American jobs and innovation.\"\n\nThe Company also highlighted comments included in the official State of\nTennessee announcement regarding the project.\n\nTennessee Governor Bill Lee stated in the State's official announcement:\n\n\"Tennessee's strong, business-friendly climate makes our state one of the best\nplaces to live, work and raise a family, and investments like this one from\nLEV Manufacturing underscore the strength of that foundation we've built\nstatewide. I'm looking forward to seeing how these 300 new jobs create greater\nopportunities for nearly 300 families across the Upper Cumberland.\"\n\nTennessee Department of Economic and Community Development Commissioner Stuart\nC. McWhorter added:\n\n\"We are proud to welcome LEV Manufacturing to Tennessee. Companies that not\nonly create jobs but also seek to partner with our exceptional research\ninstitutions are exactly the type of investment and business we want to\nattract, and we look forward to seeing the success that follows today's\nannouncement.\"\n\nThe Tennessee facility is expected to support the continued integration and\nexpansion of the Company's growing electric mobility platform following Life\nEV Group's recent acquisition of key Rad Power Bikes assets and LEV\nManufacturing's prior acquisition of Serial 1 Cycle Company, the premium\nelectric bicycle brand originally developed in collaboration with\nHarley-Davidson.\n\nThe Company believes the Tennessee location provides strategic advantages\nthrough workforce availability, logistics access, business-friendly policies\nand opportunities to collaborate with regional research institutions and\nadvanced manufacturing initiatives.\n\nAbout Life Electric Vehicles Holdings, Inc.\n\nLife Electric Vehicles Holdings, Inc. (OTC:LFEV) is a U.S.-based electric\nmobility platform company focused on acquiring, developing, and scaling\nelectric bicycle and micro-mobility brands supported by vertically integrated\ndomestic assembly, supply chain, and distribution capabilities. The company\nrecently acquired the Rad Power Bikes brand and operating assets, including\nintellectual property, inventory, and retail operations. Through its Rad Life\nMobility subsidiary, the company supports sales, customer service, and\ndistribution across direct-to-consumer, retail, and dealer channels. Life EV\nalso holds an equity interest in LEV Manufacturing, Inc., which acquired the\nSerial 1 premium electric bicycle brand originally developed and spun off from\nHarley-Davidson. The company is advancing U.S.-based production initiatives,\nincluding planned operations in Florida, Tennessee, and Utah, to support\ndomestic assembly, supply chain efficiency, and long-term manufacturing\nscalability. With a strategic focus on innovation, sustainability, and\nAmerican assembly, Life EV is positioned to become a leading vertically\nintegrated electric mobility platform in North America.\n\nInvestor Relations & Media Contact:\nLife EV Group\nPress@LifeEVGroup.com\n(954) 859-0536\n\nSOURCE: Life Electric Vehicles Holdings, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/transportation/life-electric-vehicles-holdings-inc.-otc-lfev-announces-tennessee-facility-to-suppor-1166055)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-05-12T13:00:00.233126231Z","server_sent_at_ms":1778590800233},"received_at":"2026-05-12T13:00:00.290Z","source_url":"https://www.accessnewswire.com/newsroom/en/transportation/life-electric-vehicles-holdings-inc.-otc-lfev-announces-tennessee-facility-to-suppor-1166055"},"analysis":{"id":"23032","press_release_id":"31552","analysis_json":{"industry":{"label":"Automobile Components","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"operations_update","narrative":"Life Electric Vehicles Holdings, Inc. (LFEV) announced the establishment of a 100,000-square-foot facility in Algood, Tennessee, expected to create approximately 288 jobs.\n\nThe facility will serve as a central hub for U.S.-based assembly, distribution, and logistics operations for Rad Power Bikes, Serial 1, and Life EV brands.\n\nCEO Robert Provost emphasized that the Tennessee location will support long-term growth, innovation, and job creation, aligning with the company's strategy to expand domestic manufacturing capabilities.\n\nRad Life Mobility CEO Jim Brown noted that the facility will enable U.S. production of e-bikes, addressing a key customer question and potentially inspiring further investment in American jobs and innovation.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Life EV Group expands with a new Tennessee facility, creating 288 jobs and enhancing U.S. manufacturing capabilities."},"keyFigures":{"customDimensions":{"jobs_created":288,"facility_size":"100,000-square-foot"}},"quotedText":"Establishing the Tennessee facility represents a major milestone for LEV Manufacturing and the broader Life EV Group, including Rad Life Mobility.","namedEntities":{"people":[{"name":"Robert Provost","role":"CEO of Life Electric Vehicles Holdings"},{"name":"Jim Brown","role":"CEO and president of Rad Life Mobility"},{"name":"Bill Lee","role":"Tennessee Governor"},{"name":"Stuart C. McWhorter","role":"Tennessee Department of Economic and Community Development Commissioner"}],"products":["Rad Power Bikes","Serial 1","Life EV"],"companies":[{"name":"Life Electric Vehicles Holdings, Inc.","ticker":"LFEV","relationship":"issuer"},{"name":"LEV Manufacturing","relationship":"subsidiary"},{"name":"Rad Life Mobility","relationship":"subsidiary"},{"name":"Serial 1 Cycle Company","relationship":"subsidiary"},{"name":"Rad Power Bikes","relationship":"brand"},{"name":"Harley-Davidson","relationship":"partner"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"The announcement of a new 100,000-square-foot facility in Tennessee, expected to create 288 jobs, represents a significant expansion and strategic milestone for the company. It supports multiple brands and enhances domestic manufacturing and distribution capabilities."},"tickerRelevance":{"others":[],"primary":"LFEV"},"globalImportance":35,"audienceRelevance":50,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"OTC","eventGravity":"major operations update","sectorWeight":"Consumer Discretionary","householdBrandBoost":"Rad Power Bikes, Serial 1, Life EV","marketCapAdjustment":"mid-cap"}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":4,"narrative":"Life Electric Vehicles Holdings, Inc. (LFEV) announced the establishment of a 100,000-square-foot facility in Algood, Tennessee, expected to create approximately 288 jobs.\n\nThe facility will serve as a central hub for U.S.-based assembly, distribution, and logistics operations for Rad Power Bikes, Serial 1, and Life EV brands.\n\nCEO Robert Provost emphasized that the Tennessee location will support long-term growth, innovation, and job creation, aligning with the company's strategy to expand domestic manufacturing capabilities.\n\nRad Life Mobility CEO Jim Brown noted that the facility will enable U.S. production of e-bikes, addressing a key customer question and potentially inspiring further investment in American jobs and innovation.","key_figures":{"customDimensions":{"jobs_created":288,"facility_size":"100,000-square-foot"}},"named_entities":{"people":[{"name":"Robert Provost","role":"CEO of Life Electric Vehicles Holdings"},{"name":"Jim Brown","role":"CEO and president of Rad Life Mobility"},{"name":"Bill Lee","role":"Tennessee Governor"},{"name":"Stuart C. 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