Business
Contract Win
Contract Win.
About this update from Tanfield Group Plc
[{"type":"text","content":"\n Tanfield Group PLC\n13 June 2007\n\n The Tanfield Group Plc\n\n ('Tanfield' or 'the Group')\n\n\n\n CONTRACT WIN\n\n\n\nTanfield is pleased to announce that Smith Electric Vehicles has won its first\ncontract from the Royal Mail for its next generation zero emission vehicles.\n\n\n\nThe Royal Mail has ordered one of each of the Edison and Newton higher function\ndelivery vehicles, for trials. The vehicles will be deployed in London, in\nparcel and post distribution operations.\n\n\n\nEdison is a sub-3.5t electric van, built using the Ford Transit shell. Newton is\nsold in 7.5t and 9t configurations. Both vehicles have restricted top speeds of\nup to 50mph and are capable of covering 150 miles on one battery charge.\n\n\n\nRoyal Mail has a fleet of over 33,000 commercial delivery vehicles operating\nacross the UK, including approximately 10,700 3.5t vans and van derivatives,\nplus 2,500 7.5t trucks.\n\n\n\nIn line with a growing order book and increased interest in both Newton and\nEdison, Tanfield is installing extra electric vehicle production capacity at\nVigo Centre, its 250,000sq ft assembly facility in Tyne & Wear, UK.\n\n\n\nDarren Kell, Chief Executive of The Tanfield Group Plc, said: 'We are delighted\nto have sold our first vehicles into the Royal Mail. The adoption of the Low\nEmission Zone in London and expected road pricing in 10 other urban conurbations\nacross the UK will significantly increase the addressable market for electric\nvehicles. To this end, we are now installing additional production capability at\na much faster rate than we had previously planned.\n\n\n\nFor further information:\n\n\nThe Tanfield Group Plc Tel: +44(0)845 1557 755\n\nDarren Kell, Chief Executive [email protected]\n\nCharles Brooks, Finance Director\n\nFishburn Hedges Tel: +44(0)20 7839 4321\n\nMorgan Bone Mob: +44(0) 7767 622 967\n\nJames Benjamin Mob: +44(0) 7747 113 930\n\n [email protected]\n\nSt. Helen's Capital plc Tel: +44(0)20 7628 5582\n\nRuari McGirr\n\nCenkos Securities plc Tel: +44(0)20 7397 8900\n\nStephen Keys\n\n\n\n website: www.tanfieldgroup.co.uk\n\nNotes to editors\nThe Tanfield Group Plc is the world's leading developer and manufacturer of\nroad-going commercial electric vehicles and aerial work platforms. Tanfield is\nheadquartered in Newcastle with operations in the USA and Japan. It...