{"id":24198,"date":"2025-10-28T20:42:09","date_gmt":"2025-10-28T20:42:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/24198\/"},"modified":"2025-10-28T20:42:09","modified_gmt":"2025-10-28T20:42:09","slug":"electronic-shuttle-manufacturer-holon-signs-agreement-to-build-factory-in-jacksonville","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/24198\/","title":{"rendered":"Electronic shuttle manufacturer Holon signs agreement to build factory in Jacksonville"},"content":{"rendered":"<p style=\"text-align: justify;\">An autonomous vehicle company has signed a development agreement to build a production factory in Jacksonville that could create up to 800 jobs on the First Coast.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.driveholon.com\/en\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">Holon<\/a> signed a <a href=\"https:\/\/www.jtafla.com\/media-center\/press-release\/holon-seals-partnership-for-new-production-facility-in-jacksonville-milestone-for-urban-mobility-and-local-economy\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">term sheet<\/a> with the city this week signifying they\u2019ll begin construction on the factory that will be located at the Eastport Industrial Park. The facility will cover about 580,000 square feet and will be undertaken with <a href=\"https:\/\/inlightre.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">InLight Real Estate Partners<\/a>, which owns the property. Groundbreaking on the project is scheduled for April.<\/p>\n<p style=\"text-align: justify;\">\u201cWith this partnership, we are not only creating the basis for technological innovation, but also for sustainable growth in Jacksonville,\u201d said Clemens Rengier, Holon Chief Financial Officer. \u201cI would like to mention once again the city of Jacksonville and the Jacksonville Transportation Authority (<a href=\"https:\/\/www.jtafla.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">JTA<\/a>), who supported our vision from the beginning. Now Jacksonville is becoming the center for autonomous mobility in the USA.\u201d<\/p>\n<p style=\"text-align: justify;\">Holon is based in Germany and develops electric-powered autonomous vehicles. The Jacksonville site will specifically build the Holon model <a href=\"https:\/\/www.driveholon.com\/en\/the-mover\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">Urban<\/a>, which is a self-driving shuttle. Company officials also announced they\u2019ll locate their U.S. headquarters in Jacksonville.<\/p>\n<p style=\"text-align: justify;\">The construction of the new production facility is estimated to cost $100 million and it should be completed in late 2027. The signing of the construction agreement took place at a board meeting of the JTA.<\/p>\n<p><a href=\"https:\/\/floridaconserve.org\/focus-areas\/peace-river-valley\/\" target=\"_blank\" rel=\"noopener external noreferrer nofollow\" data-wpel-link=\"external\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-704516 size-full\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/10\/FCG_Digitak-Ads_Rebrand728-X-90-copy.png\" alt=\"\" width=\"728\" height=\"90\"\/><\/a><\/p>\n<p style=\"text-align: justify;\">\u201cThis represents more than a milestone for the JTA and Holon, it\u2019s a milestone for the Jacksonville region, for Florida, and for our nation,\u201d said JTA CEO Nat Ford. \u201cThrough this partnership we are demonstrating how innovation in mobility creates jobs, stimulates economic growth, and positions our communities at the forefront of America\u2019s transportation future.\u201d<\/p>\n<p style=\"text-align: justify;\">The economic impact of the Holon facility is projected to be far-reaching. A <a href=\"https:\/\/www.unf.edu\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">University of North Florida<\/a> economic impact study speculated the autonomous vehicle factory is likely to have a $200 million impact on the Northeast Florida region.<\/p>\n<p style=\"text-align: justify;\">Of those projected jobs, 150 will be employed directly by the company and the factory itself is expected to generate $87 million in economic output beginning in 2028. Manufacturing, real estate, health care and professional services are the sectors that are expected to benefit the most from the new facility.<\/p>\n<p style=\"text-align: justify;\">JTA will buy several of the Holon vehicles and incorporate them into the service\u2019s urban fleet of people movers.<\/p>\n","protected":false},"excerpt":{"rendered":"An autonomous vehicle company has signed a development agreement to build a production factory in Jacksonville that could&hellip;\n","protected":false},"author":2,"featured_media":24199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[18513,18514,18515,4130,18516,18517,18518,116,118,117,17707,799,18519,18520,18521,5908,730],"class_list":["post-24198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-autonomous-vehicle","tag-clemens-rengier","tag-eastport-industrial-park","tag-economic-impact","tag-factory","tag-holon","tag-inlight-real-estate-partners","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news","tag-jacksonville-transportation-authority","tag-jta","tag-nat-ford","tag-shuttle","tag-term-sheet","tag-university-of-north-florida","tag-urban"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/24198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=24198"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/24198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/24199"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=24198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=24198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=24198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}