Smith Electric has not yet officially commented, but sources verify the story is essentially correct.
The Echo understands that Washington-based Smith Electric Vehicles – part of the Tanfield Group – has signed a £1million-plus deal which will give it a foothold in the lucrative Far East market.
The company has signed deal with a Hong Kong distributor which will see 15 of its electric trucks used in the former colony and southern China.
A company spokesman refused to comment on the report, but Chris Pywell, head of strategic change with regional development agency One NorthEast, said: "I would like to congratulate Tanfield Group on securing this fantastic deal to distribute electric vehicles in China and Hong Kong.
Aggressive driving and air conditioning could cut range of plug-in hybrids and electric cars in half, says Argonne researcher. Pictured is electric version of smart being 'charged' in this publicity photo at Berlin's Brandenburg Gate.
Honda is focusing on affordable gasoline-electric hybrids and fuel cell technology. Pictured is actress/author Jamie Lee Curtis, the second USA customer to lease the FCX Clarity fuel cell sedan. Photo credit:Alex Berliner Berliner Studio/BEImages