3 Articles
Smith Electric Vehicles US offers to buy out its UK parent

Smith Electric Vehicles Newton – Click above for high-res image gallery

Tanfield Group comments on end of Ford Transit Connect BEV deal

Ford Transit Connect BEV - click above for high-res image gallery

Bad economy prompts Smith Electric vehicles to curtail expansion

Even though the British Tanfield Group that manufactures Smith electric trucks has a product that should be seeing growing demand in a time of record oil prices, the overall economic malaise is hitting the bottom line. Battery powered Smith trucks are used primarily by commercial customers and since those customers are getting hit hard they are cutting back on capital expenditures. That means that although Tanfield's business is still growing, the ramp rate has declined. In addition Smith is hav