Partner Article
Smith Electric confirmed for electric van subsidy
The Government has confirmed that all-electric light commercial vehicles from Smith Electric vehicles are eligible for a new Plug-in Van subsidy.
The Smith Edison has been named as part of the department for Transport scheme, and now any business who purchases the 3.5t all-electric vehicle will benefit from £8,000 off the list price.
This is positive news for Smith Vehicles Europe, who manufacture the vans at their plant in Washington, Tyne & Wear.
Geoff Allison, Managing Director of Smith Electric Vehicles Europe Ltd, said: “We are delighted that the Smith Edison has been accepted into the Plug-In Van Grant scheme.
“This grant will help our fleet customers to achieve a faster return on investment, making the economic case for electric vans as compelling as the environmental case.”
The Smith Edison is available as a panel van and as a chassis cab, suitable for a diverse range including drop side, tipper, box and refrigerated box. The vehicle has a range of up to 100 miles on a single charge of its lithium-ion batteries, which can be fully recharged in as little as four hours.
Smith is one of seven manufacturers to have its all-electric light commercial vehicles approved for the Plug-In Van Grant.
The company last week announced it had signed a letter of intent for a $25 million investment and a $75m joint venture with Wanxiang Group, China’s largest auto-parts maker.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline