does tanfield have 2 good businesses ( smith electrics and upright)which are good value for the medium to long term hold ?

Tanfield up 1p on a poor day for the market - building up to the large chicago truck show starting on 3rd march where they will no doubt rubber stamp their link up ford and possible reveal their partner for for the new SEVUS company.

Ford's vice president of Global Product Development has said that they hope to sell the Transit Connect at a rate of a couple of thousand a month according to an article published in "Hybridcars"

Edit: That seems to be a bit optimistic to me, though maybe when they have it all set up it could well reach that number, probably not for a while, but who knows?!

tanfield on the up - now 9.5p - chicago trade fair starts next week.

pork bellies? .... and that's just the locals!

Another helping hand for TAN, possibly.


http://www.nebusiness.co.uk/business-news/latest-business-news/2009/02/26/how-plugging-in-on-your-street-corner-could-protect-the-planet-and-north-east-jobs-51140-23015830/

TNT are still buying "Newton" trucks (They committed to an order for 100 in May 2008 to replace diesel equivalents over 18 months).

http://www.oxfordtimes.co.uk/business/4160732.On_the_road_to_carbon_zero/


Also a possible link with TAN:-

http://www.independent.co.uk/news/business/news/electric-4x4-company-to-create-250-jobs-1633668.html

Although Liberty Electric Cars do not specifically mention TAN they say they are "now in discussions with major suppliers in the region", that could well be TAN. One thing is clear, EV's are in the ascendency and one of the main beneficiaries is going to be TAN. Still a speculative share but one I am now comfortable to increase my holding in.

Ford/TAN venture getting plenty of coverage.

http://www.zoomilife.com/2009/02/22/fords-quiet-electric-future/

TAN/Smith Electric have opened up a new website today. Covers the new US venture.

http://www.sev-us.com/

kimoldfield, thanks for the update; always good to read actual good news, rather than the "spin" so often presented to shareholders.
Perhaps TAN has learned a lesson, the sp graph demonstrate the sell-off that hapened when the City took fright. They have wide-ranging sales offices which may address the subject of "turnover" in these troubled times.
I hold a few.

I hold too many.

My av. is just into double-figures; were you sucked-in by the general excitement towards 2...?

I know I was hangon! Originally bought 1k at 1.94 ps but have traded in and out many times since so until today have been well in profit. I know it is still a gamble, (well aren't all shares?!), but I added a further 100k to my already existing 85k today. If it pays off I will certainly be more than happy, if not I will be kicking myself for quite a while!

Possibly 10 years to see it

Or 10 months! Or 100 years!!

They are certainly beginning to get a lot of media coverage, looks as if SEV US are making a better job of their PR in the USA than TAN do of theirs over here! Another article here:-

http://trailer-bodybuilders.com/chassis/electric-commercial-vehicles-0302/

Sev US company now up & running

RNS Number : 1674O
Tanfield Group PLC
03 March 2009



March 3rd 2009

The Tanfield Group Plc

'Tanfield', 'the Group' or 'the Company'

Geneva Debut of Concept BEV Passenger Vehicle with Ford of Europe


Unveiling of new Ford Tourneo Connect people carrier at Geneva Auto Show

First Tanfield BEV concept aimed at the passenger car market

Developed in collaboration with Ford Motor Company

Demonstrates potential for technology transfer from Tanfield's commercial electric vehicles


The Tanfield Group Plc, the leading manufacturer of aerial work platforms and commercial electric vehicles, today unveils a conceptual passenger battery electric vehicle (BEV), developed in collaboration with Ford of Europe.

The zero emission Ford Tourneo Connect BEV Concept people carrier, unveiled at the Geneva Auto Show, has a projected range of 100 miles (160km) on a full battery charge and a top speed of 70mph (113km/h). It is Tanfield's first BEV aimed at the passenger car market and demonstrates that Tanfield's electric vehicle technology for vans and trucks could readily translate into passenger vehicles.

Darren Kell, CEO of The Tanfield Group Plc, said: 'The pure electric new Tourneo Connect exists as a proof of concept, but it demonstrates how seamlessly our world-leading technology can integrate into passenger vehicles.

'If the Tourneo Connect BEV Concept generates high levels of interest, we can work with Ford on production potential and develop the vehicle relatively quickly.'

The unique concept vehicle displayed at Geneva is driven by a 50 kilowatt permanent magnet motor, powered by 21 kilowatt-hours of lithium-ion batteries. The Ford Tourneo Connect BEV Concept adapts technology that Tanfield has developed for the Transit Connect BEV light van, which is available to order in Europe as the Smith Ampere. Tanfield has worked with Ford of Europe since 2007 and already produces a Ford Transit BEV, marketed as the Smith Edison.

In North America, Tanfield and Ford will launch a Transit Connect BEV van in 2010 - the first vehicle to deliver on Ford Motor Company's aggressive electrification strategy announced at this year's Detroit Auto Show.

'The Tourneo Connect BEV concept shows how Ford's collaboration with Tanfield is extending the company's global electric vehicle plan to Europe,' said John Fleming, Chairman and CEO, Ford of Europe, 'The technology is already available for commercial vehicle applications, and at the 2009 Chicago Show we confirmed that we will launch, with Tanfield as our partner, the Transit Connect van as a full BEV in North America in 2010.

'Although conceptual for now, if there is sufficient interest, this silent, zero emission technology could be applied to the Tourneo Connect quite quickly. We think it would be an ideal solution for taxi use, as a hotel shuttle vehicle or similar inner city application.'

ENDS

For further information:


The Tanfield Group Plc
+44 (0)845 1557 755
Darren Kell, CEO

Charles Brooks, FD



Arbuthnot Securities
+44(0)20 7012 2000
Nomad and Broker

James Steel/ Katie Shelton


That's one small step for a van, one giant leap for vankind. Or something like that! (with apologies to Neil Armstrong!)

Another push towards electric cars:-

http://www.publicservice.co.uk/feature_story.asp?id=11331

More publicity; well there's more of it about these days!? TAN, I feel, have been guilty of not 'putting themselves about' enough in the past.

http://www.sunderlandecho.com/news/Bev-puts-the-rev-in.5036069.jp

SANTA BARBARA, Calif, March 4 (Reuters) - Ford Motor Co expects electric vehicles will represent a 'major portion' of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, Chief Executive Alan Mulally said on Wednesday.


'In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,' Mulally said at the Wall Street Journal ECO:nomics conference in Santa Barbara, California.


A futuristic look at the Ford Motor Co.!
The rest of the article is here, it may take a few seconds to get past the load page:-

http://www.forbes.com/feeds/afx/2009/03/05/afx6128120.html

Looks promising for Snorkel, a bit of a sales push:-

http://www.tanfieldgroup.co.uk/Newsletter_Upright_Issue134.html