The Tanfield Group, formerly Comeleon, has changed its main focus from automotive components and imaging equipment to electric vehicle manufacturing and specialist engineering. As Comeleon, the company made 3D images for mobile phones and other devices, but saw the bottom drop out of its key handset market in 2003. In 2004, Comeleon was absorbed by the Tanfield Group. The company has since expanded to include

electric vehicle An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes cha ...

s and

aerial work platform An aerial work platform (AWP), also known as an aerial device, elevating work platform (EWP), cherry picker, bucket truck or mobile elevating work platform (MEWP) is a mechanical device used to provide temporary access for people or equipment t ...

s. The group is made up of the following companies: * Aerial Access * Jumbotugs * Norquip * SEV Materials Handling *

Smith Electric Vehicles Smith Electric Vehicles (also known as Smith's) is a manufacturer of electric trucks. The company, founded in 1920 in the north of England, moved its headquarters to Kansas City, Missouri in 2011. Smith suspended all operations in 2017. Smith ...

* Snorkel International * UpRight Powered Access * Tanfield Engineering Systems Ltd

Snorkel

On 28 June 2007, the company acquired Snorkel International as another division of its Aerial Work Platform (AWP) market share.

TX4E

London Taxis International The London Taxi Company was a taxi design and manufacturing company based in Coventry, England. It formerly traded as London Taxis International and Carbodies. It operated a coachbuilding business on Holyhead Road, Coventry. After half a c ...

, which manufactures the London black taxi in Coventry, has signed a development agreement with electric vehicle manufacturer Tanfield to develop an all-electric urban taxi. The all-electric version of the

TX4 The TX4 is a purpose-built taxicab (hackney carriage) manufactured by The London Taxi Company, a subsidiary of Geely Automobile of China. From 2007 until their liquidation in 2013 it was manufactured by LTI. It is the latest in a long line of p ...

black cab - to be branded the TX4E - will have a top speed of and a range in excess of on one battery charge.

Smith Electric Vehicles

Smith Electric Vehicles was formed in England in 1920. Originally specialising in trolly busses under the name Northern Coachbuilders Ltd. Over the next 80 years the company developed a plethora of vehicles including

milk float A milk float is a vehicle specifically designed for the delivery of fresh milk. Today, milk floats are usually battery electric vehicles (BEV), but they were formerly horse-drawn floats. They were once common in many European countries, ...

s. Tanfield Group Plc acquired the company in October 2004, for £2.2m and 1 million new ordinary shares. Tanfield immediately re-started R&D work to develop new electric delivery vehicles. Including the

Newton Newton most commonly refers to: * Isaac Newton (1642–1726/1727), English scientist * Newton (unit), SI unit of force named after Isaac Newton Newton may also refer to: Arts and entertainment * ''Newton'' (film), a 2017 Indian film * Newton ( ...

and

Edison Thomas Alva Edison (February 11, 1847October 18, 1931) was an American inventor and businessman. He developed many devices in fields such as electric power generation, mass communication, sound recording, and motion pictures. These invention ...

. Tanfield announced the formation of Smith Electric Vehicles US Corp (Smith US) in February 2009 and the company opened for business later that year. In March 2010 Smith US made a £37m conditional offer, equating to 50p per Tanfield share, plus a "free" share in Smith US if it subsequently undergoes an

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

and joins the

stock market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as ...

in the near future.

Controversy

On 3 July 2008 it was announced in the press that the London Stock Exchange was launching a probe after a collapse in the share price. The company was criticised by analysts for poor standards of disclosure and weak financial controls. The shares reached a high of 203.5p (valuing the Company at over £700 million) in July 2007 and fell to 5.53 pence (a value of £20 million). In April 2008, its annual results disappointed the City and raised questions about its disclosure standards and the high level of cash burn.: LSE launches probe after electric vehicle firm Tanfield sees shares collapse
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References

{{Authority control Automotive companies of the United Kingdom Companies listed on the Alternative Investment Market Electric vehicle manufacturers of the United Kingdom

Snorkel

TX4E

Smith Electric Vehicles

Controversy

References

External links