Smith Electric will manufacture the zero-emission Newton, its all-electric truck with a range of up to 150 miles and an average annual operating cost that is one-third to one-half that of conventional diesel trucks with comparable gross vehicle weights (GVWs), at the new facility beginning in 2012.
A package of city and state incentives of approximately $11 million will augment Smith’s private investment.
The new facility – Smith’s second U.S. manufacturing, sales and service center – will not affect production or job levels at Smith’s headquarters in Kansas City, Mo. The first Newton vehicles are planned for production in New York in the second half of 2012.
Also today, New York Gov. Andrew Cuomo announced the development of a federally-funded, multi-year commercial electric vehicle (EV) buyer incentive program to accelerate adoption of commercial EVs and allow for strategic fleet conversion throughout New York State.
The program, with an expected run of five years, has been specifically tailored to help companies in New York State convert significant portions of their fleets as a result of the ability to plan with vouchers available over multiple years.
The New York State Department of Transportation (NYSDOT) has committed $10 million in federal Congestion Mitigation and Air Quality (CMAQ) funding for the first year, which will be offered in the form of vouchers of up to $20,000 per vehicle. The program will be managed by New York State Energy Research and Development Authority (NYSERDA), and will offer voucher incentives to the purchasers of any qualified all-electric vehicle over 10,000 pounds GVW – regardless of manufacturer. The Smith Newton qualifies for this program.