Filed under: EV/Plug-in, Ford
Ford Transit Connect BEV - click above for high-res image gallery
We learned from Ford on Friday that it and Smith Electric Vehicles had mutually agreed to terminate their partnership to produce the Transit Connect BEV next year and Ford would instead go with Azure Dynamics. The Tanfield Group, parent company of Smith also released a trading statement that commented on the matter.
According to Tanfield, the projected volumes of the TC in the short to medium term did not justify the investment required at this time. There seems to be much stronger demand for the larger Newton delivery van and Tanfield has decided to commit its limited resources to growing and supporting that market segment. Smith recently started production of the Newton at a facility in Kansas City, Missouri and has a 255-unit order backlog. In the compact segment where the Transit Connect would compete, there is expected to be greater competition in the next few years with Nissan recently announcing it would be building an electric version of its new NV200 light commercial vehicle and other automakers expected to join.
[Source: Tanfield Group]
Continue reading Tanfield Group comments on end of Ford Transit Connect BEV deal
Tanfield Group comments on end of Ford Transit Connect BEV deal originally appeared on Autoblog Green on Sun, 01 Nov 2009 08:57:00 EST. Please see our terms for use of feeds.
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