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Smith Electric Vehicles US completes $58M equity private placement

Green Car Congress

Smith Electric Vehicles US Corporation announced the issuance and sale of $39 million of Series B Convertible Preferred Stock and the conversion of Bridge Notes and the exercise of related Warrants into $19 million of Series B Convertible Preferred Stock. This prepayment will result in a payment holiday of approximately seven months.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

General Motors Corporation. General Motors Corporation. KEMET Corporation. Manufacturing: Michigan and Kansas City, MO; Deployment: several utility partners’ fleets. Manufacturing: Kansas City, MO; Deployment: Several partners’ fleets. Brownstown, MI. Cells will be from LG Chem, Ltd. Technology.

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Alliance AutoGas launches 5300-mile, 12-city Coast-to-Coast Clean Air Ride with converted F-150

Green Car Congress

Supported by partners, Clean City Coalitions and corporate sponsors, Alliance AutoGas is embarking on a 5300+ mile, 12-city, cross-country road trip—the Alliance AutoGas Coast-to-Coast Clean Air Ride —with its record-setting propane autogas F-150.

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Smith Electric Vehicles, Altec and PGE Partner on All-Electric Utility Truck

Green Car Congress

Smith Electric Vehicles US Corporation (SEVUS) and Altec Industries Inc. The Altec component, an AT37-G aerial boom, is a telescopic articulating device used for electric utility line maintenance and installation. The trucks will be assembled at the company’s 80,000 square foot plant in Kansas City. feet and reach of 28.3

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USDOT FTA announces $182M in Low-No grants for transit vehicles & facilities nationwide

Green Car Congress

City of Fayetteville (NC). City of Fort Collins (CO). City of Lawrence / Lawrence Transit. Delaware Transit Corporation. Kansas City Area Transportation Authority. The community seeks to reduce carbon monoxide pollution to improve air quality and quality of life in their EPA-designated non-attainment area.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Kansas City Power & Light. The partnership will also work to enhance workplace charging efforts at public power utilities, study the impacts of EVs in public power communities, and share insights regarding infrastructure installation and EV interaction with the modern grid. Florida Power and Light Company. Georgia Power.

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Smith Electric powers ahead with utility truck

Green Cars News

A battery powered, all electric utility truck with an aerial device has been produced by Smith Electric Vehicles US Corporation in association with Altec Industries Inc. It has a top speed of 50mph and the Altec AT37-G allows for electric utility line maintenance and installation with a maximum height of 37.8ft.