Summary
ELECTRIC vehicle and cherrypicker manufacturer Tanfield is hoping to raise pounds 2m through a share issue to tide it over until it links up its UK and US electric car divisions.
The Washington-based firm is still aiming to combine the US and UK wings of its Smiths Electric Vehicles division into one business, but said last month that its net cash reserves had fallen from pounds 5.4m to pounds 2.2m at the start of the year.See the full content of this document
Extract
Pounds 2m Boost As Link-Up Goes Ahead
Tanfield says it expects the link-up with SEV US to prompt a cash inflow for the company, but that it need...
See the full content of this document
Sponsored links
