10 Articles
Official
Smith Electric finds $42 million lifeline in Sinopoly Battery Limited

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

Smith Electric Vehicles will build big electric trucks in Chicago

Chicago Mayor Rahm Emanuel and Smith Electric Vehicles are working together to create an electric vehicle manufacturing facility in Chicago. Smith Electric Vehicles was drawn to the city by the mayor's voucher system designed to accelerate conversion from diesel to zero-emission electric vehicles, a large number of fleets that are interested in going electric and development incentives offered to Smith. Smith is saying it wi