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Smith Electric Vehicles US Makes $105M Offer to Buy SEV Division from Tanfield

Green Car Congress

Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence. SEVUS currently produces the Newton battery powered truck in the US. Paying £37m for a business that lost £1.9m

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

BMW’s Mini brand will go all-electric by 2030, report says – BMW’s Mini brand will go all-electric from 2030 as the automaker intensifies its transition to battery-powered vehicles, according to people familiar with the matter. Austria, Belgium, Greece, Ireland, Lithuania, Luxembourg and Malta also signed up.

Kia 52