The Independent reports that the Tanfield Group, through its subsidiary SEV, is gearing up for production of the its new electric delivery van.
Capable of a top speed of 50 mph, the van uses an Azure Dynamics all-electric powertrain that replaces SEV’s earlier system.
SEV signed a supply agreement with Azure Dynamics for 1,000 electric powertrains to be delivered within a 24-month period back in June 2005.
The vans will cost between £20,000–£29,000 (US$36,800–US$53,400). SEV proposes that due to the cost of electricity required versus the cost of fuel, the and will be as economical as a gasoline or diesel van within 18-24 months and 25% cheaper over five years.
(A hat-tip to Daniel Johnston!)