May 12, 2014 - Industry News
Following recent reports it suspended production, a producer of all-electric medium commercial vehicles, Smith Electric, has secured a $42 million investment so it can resume operations.
Tags: Smith Electric Vehicles, Medium-Duty Trucks, Alternative Fuels, Battery-Electric Vehicles
April 22, 2014 - Industry News
Smith Electric Vehicles is alive and operating, even if it’s not building trucks for a while, according to Bryan Hensel, the specialty builder’s CEO and co-founder, refuting reports that the company had closed.
Tags: Smith Electric Vehicles, EVs
Reports of Smith Electric Vehicles’ death may have been exaggerated. Published news stories quote the company’s president as saying it will restart operations in a few months with new financial backing, more efficient manufacturing and a revised line of battery-electric trucks.
April 7, 2014 - Industry News
The commercial electric truck maker Smith Electric Vehicles has suspended production for an unspecified period of time. The DOE awarded the company $32 million in grants during 2009 and 2010 to produce more than 500 vehicles to be placed in various fleets across the U.S., however, only 439 have reportedly been produced.
Tags: Smith Electric Vehicles
September 8, 2013 - Industry News
The Houston-Galveston Area Council is partnering with the Center for Transportation and the Environment and Smith Electric Vehicles Corp. to replace existing diesel-powered delivery vehicles with all-electric medium- and heavy-duty Smith Newton trucks in the Houston-Galveston area.
Tags: Smith Electric Vehicles, Smith Newton, Alternative Fuels
August 22, 2013 - Industry News
Smith Electric Vehicles has signed a letter of intent to form a joint venture with Taikang Technology Corp. in Taiwan. Taikang Technology, a commercial vehicle manufacturer in Taiwan, has twenty-five years of automotive experience and has expertise in upfitting specialized municipal commercial vehicles.
Tags: Smith Electric Vehicles, Mergers & Acquisitions, EVs, Alternative Fuels & Hybrids, global
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