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.
Sometimes, you just don't want anyone to know what's happening. That's how Smith Electric Vehicles must have felt about stopping production of its all-electric delivery trucks in Kansas City, MO late last year. There was no press release issued and even the local newspaper, The Kansas City Star, didn't find out about the shutdown until a new quarterly filing was just submitted to the US Department of Energy.
Smith Electric Vehicles (now in the U.S.!) took advantage of their appearance at The Work Truck Show to allow some industry professionals a chance to try out their all-electric Newton. Luckily for us, several of them agreed to stand up in front of a camera and give their views about the vehicle. The candid three included award-winning trucking industry journalist Paul Abelson, Larry Polas from the American Fleet Managers Buyers Guide and Ken Kalen, a fleet management consultant. All seemed impre
The electric truck industry in the UK appears to be going into overdrive! Modec continues to land new accounts with their uniquely-engineered vehicle while over at Smith EV, they are celebrating a purchase order from their client, TNT, for 100 of their 7.5 ton Newton lorry (pictured above). The sale marks a significant continuation of their corporate relationship as the express delivery giant had already placed an order for 50 vehicles last year. This additional complement to their EV fleet will