WATCH: Biden touts electric vehicle charging plant to be built in Tennessee

President Joe Biden is celebrating the announcement that an Australian electric vehicle charging company will establish its first U.S. manufacturing facility in Tennessee, calling it “great news” for American workers and “for the planet.”

Watch Biden’s remarks in the player above.

Tritium is expected to produce up to 30,000 electric vehicle chargers a year and create 500 new jobs over the next five years at the new facility based in Lebanon, roughly 30 miles east of Nashville.

Hailing the announcement Tuesday, Biden said the new facility will “have a ripple effect…far beyond the one state.”

“They’ll use American parts, American iron, American steel and they’ll be installed up and down the highways and corridors in our communities all across the country,” Biden said. “So the benefits are going to ripple to thousands of miles in every direction, and these jobs will multiply…all over the country in the years to come.”

The announcement also comes after Ford Motor Co. unveiled plans last September to build an electric vehicle and battery plant near Memphis.

Ford and South Korean battery maker SK Innovation say they will spend $5.6 billion to build a factory to produce electric F-Series pickups. The project, located near the small town of Stanton in rural Haywood County, is expected to create about 5,800 new jobs at the West Tennessee megasite by 2025.