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Smith Electric Gets $42 Million Grant To Keep The Company Going


CleanTechnica - 22-May-2014

Originally published on Gas2. After stopping production due to a lack of profitability, EV truck maker Smith Electric has been granted a $42 million lifeline to keep the fledgling company going. The investor is Chinese battery developer and builder Sinopoly, which under the deal will become Smith’s sole battery supplier. Will this big bet pay off? Smith Electric Gets $42 Million Grant To Keep The...


Read full article at CleanTechnica


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