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Whether it's the zero-emissions, the great driver experience,
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Urban RoutesNow your fleet can finally go electric!
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The Table of Twenty is the coming together
of top visionary companies to influence the
vehicle electrification supply chain.
Smith Electric Vehicles manufactures and
markets zero-emission commercial electric
vehicles. Affordable, durable all-electric
trucks are available today worldwide.
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PRESS ROOM
SMITH ELECTRIC VEHICLES AND WANXIANG GROUP ANNOUNCE INVESTMENT AND JOINT VENTURE
February 17, 2012 – Smith Electric Vehicles Corp. (Smith), a global leader in all-electric commercial vehicles, announced today that it has signed a letter of intent with Wanxiang Group, a global leader in automotive parts manufacturing and supply. The principal terms include a $25 million equity investment in Smith by Wanxiang and up to a $75 million investment in a joint venture between Smith and Wanxiang to develop, manufacture and commercialize all-electric school buses and commercial vehicles for multiple industries in China. Under the Smith brand, these vehicles will combine Wanxiang’s EV componentry technologies with Smith’s proprietary platform vehicle designs, including its Smith Drive™ and Smith Power™ systems. Both the investment and the joint venture are subject to the execution of definitive agreements and receipt of regulatory and other third party approvals.
Read More »SMITH ELECTRIC VEHICLES TO BUILD ALL-ELECTRIC TRUCKS IN NEW YORK CITY, EXPECTS TO CREATE UP TO 100 JOBS
November 15, 2011 – Smith Electric Vehicles Corp. (Smith), a leader in all-electric commercial vehicles, today announced that the company will expand its U.S. operations by adding a manufacturing facility in New York State, creating up to 100 new direct local jobs. Smith will manufacture the zero-emission Newton™, its all-electric medium duty vehicle with a range of up to 150 miles and an average annual operating cost that is one-third to one-half that of conventional diesel trucks with comparable gross vehicle weights (GVWs), at the new facility beginning in 2012. A package of city and state incentives of approximately $11 million will augment Smith’s private investment.
SMITH ELECTRIC VEHICLES ANNOUNCES APPOINTMENT OF THOMAS STALLKAMP, ROBERT DRUTEN TO ITS BOARD OF DIRECTORS, SMITH CEO BRYAN HANSEL AS CHAIRMAN
November 14, 2011 – Smith Electric Vehicles Corp. (Smith), a leader in all-electric commercial vehicles, today announced the appointment, effective Nov. 4, 2011, of Thomas T. Stallkamp and Robert J. Druten to its board of directors, and Bryan Hansel, Smith’s current president and chief executive officer, as chairman.
