Smith Electric Vehicles U.S. (SEV) and the Tanfield Group announced today that the American maker of all-electric trucks will purchase its United Kingdom-based parent company, Smith Electric Vehicles U.K. for $15 million in January. The company began its U.S. operations in Kansas City, Mo. in 2009. Led by chief executive Bryan Hansel, SEV is buying all of the assets and operating business of Smith Electric Vehicles U.K. and renaming its business there Smith Electric Vehicles Europe to reflect an imminent expansion. The company is eyeing Germany and France, countries whose governments have embraced renewable energy and electric vehicles...
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