Smith Electric Vehicles, a builder of electric medium-duty trucks that was featured in our January 2013 issue, has suspended production, but CEO Bryan Hansel is adamant that the company is not closing its doors for good. Hansel said that Smith decided on the temporary stoppage because the business is building vehicles at a loss and… Read more »
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Smith Electric Vehicles to electrify Taiwan’s garbage trucks
Commercial EV builder Smith Electric Vehicles has signed a letter of intent to form a joint venture with Taikang Technology Corporation, a Taiwanese manufacturer in that specializes in upfitting municipal commercial vehicles. The JV plans to build a new manufacturing plant in Taiwan, which will produce 5,000 vehicles in its first three years. Taikang has… Read more »
Smith Electric Vehicles: the long haul and the short end of the stick
Smith sees a bright future in electric trucks on the horizon, but must wade through a sea of speculation to get there. All Smith Electric Vehicles Corp. wanted was a long-term growth strategy that would let the company scale up production of its all-electric, zero-emission medium-duty trucks at the same time that it beefed up… Read more »
Smith Electric Vehicles plans new factory in Chicago
The new factory is expected to produce 1,200 vehicles a year, and create at least 200 new jobs.
Smith Electric Vehicles’s IPO plan runs out of juice
Smith Electric Vehicles, makers of the Newton and Edison electric commercial vans, has decided to drop its plans for an Initial Public Offering.
Smith Electric Vehicles planning IPO
The Kansas City, Missouri-based company filed for the IPO in November, and is now waiting for SEC approval. It expects to sell 4.45 million shares at between $16 and $18, raising about $76 million.
Smith Electric Vehicles and Wanxiang Group to build electric school buses in China
The EVs will be sold under the Smith brand, and will combine Wanxiang’s components with Smith’s proprietary drive and battery platforms.
Smith Electric Vehicles plans EV manufacturing plant in New York City
The company will begin production of its Newton™ all-electric medium-duty truck at the new factory in the second half of 2012, creating up to 100 local jobs.
Smith Electric reaches a milestone: 700 vehicles, five million miles
According to Smith, its fleet customers save an estimated 70% annually on fuel and maintenance during the life of the vehicle.
Upfit UTV and OMI unveil Fusion-Drive hybrid powertrain for off-road vehicles
Upfit UTV, a Fox Factory subsidiary that produces purpose-built custom vehicles, and OMI, a specialist in electric powertrain engineering, have partnered to introduce off-highway vehicles with OMI’s Fusion-Drive hybrid powertrain. This collaboration combines Upfit UTV’s distribution network with OMI’s three decades of expertise in automotive electromechanical innovation. “OMI Fusion-Drive pairs the power and range of… Read more »
