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Apr 25, 2012

ELECTRIC TRUCKS * USA

* Kansas/USA - Smith Electric Vehicles’ losses grow in 2011 

Kansas City,KS,USA -The Kansas City Business Journal, by David Twiddy -April 5, 2012: -- Smith Electric Vehicles U.S. Corp. saw losses multiply last year even as it continued to ramp up production... The all-electric truck maker lost $52.5 million in 2011, compared with $30.3 million in losses the year before, the Kansas City-based company said in a Securities and Exchange Commission filing late Wednesday... Revenue from vehicle sales and maintenance rose 40 percent to $49.9 million...

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