Wrightspeed moves to new location in California

Tesla Motors co-founder Ian Wright has announced plans to relocate his company, Wrightspeed, from San Jose, Calif., to Alameda Point, Calif. Wrightspeed designs and manufactures range-extended electric powertrain units that can be installed in existing delivery and garbage trucks to make the commercial vehicles zero-emission, quiet, and efficient.

Backed by a California Energy Commission manufacturing grant, Wrightspeed will invest $3 million in the city-owned, 110,000-sq.-ft., historic Hangar 41 at the former Alameda Naval Air Station. The move is expected to create 280 new jobs by 2018.