It looks like electric delivery truck maker Smith Electric Vehicles is getting plugged back in this summer. The Kansas City, MO-based company, which halted production last year, is getting a $42-million equity investment from Hong Kong-based lithium-ion battery maker Sinopoly Battery Ltd. The catch, of course, is that Sinopoly will be the exclusive battery supplier for Smith and its Newton trucks. But that's certainly better than a sharp stick in the eye.
Electric Delivery Truck
UPS just announced that it has purchased 100 electric delivery vans for deployment in California, making it the single-largest implementation of zero-emissions delivery vehicles in the state of California. UPS says that because its vans rack up so many miles, replacing lots of older diesel-fueled trucks with the EVs will reduce UPS' need for fuel by an estimated 126,000 gallons a year.
Less than a year ago, Navistar International was awarded $39 million in grants from the federal government. The money has gone a long way to help kick-off commercial production of the eStar, the company's first fully-electric cargo van. Navistar plans to build 4,000 eStar two-ton cargo vans by the end of the year with hopes of increasing future capacity to around 5,000 units annually. Navistar has not released the number of buyers committed to the $150,000 eStar, but did suggest that initial inq
It seems as though the entry of newcomers Modec and Smith Electric Vehicles (and maybe even Boulder Electric Vehicles) into the North American electric truck market has prompted Freightliner to set about putting their own all-electric chassis together. To help speed things along, they have enlisted the aid of Enova Systems, a company with hybrid and electric vehicle experience. Freightliner Custom Chassis Corporation and the California cleantech firm have signed a Letter of Intent that will see
Way back in January, rumors began swirling regarding a potential tie-up between Chrysler's GEM and India's Tata Motors. The rumored love-child was an electric version of the delivery truck known in India as the Tata Ace. Now, we have a potential price for the unit, and it sounds almost too good to be true. According to Auto Observer, the electric Ace could sell for as little as $5,000 and would meet all necessary safety regulations in the United States. We'd imagine that this vehicle would be cl
Delivery services like DHL are very efficient operations that get your package from point A to point B at the lowest possible cost, but the company's mega-fleet spews CO2 by the truckload. In the Asia Pacific region, DHL has started Gogreen Express to give environmentally conscious shippers the ability to choose carbon-neutral package delivery. Using Gogreen Express is as simple as paying an additional three percent fee on top of the cost of the overall bill. DHL then invests the money into gree