Modec Receive £3m Order for Electric Vans
Modec, a Coventry based van company announced yesterday that they had sealed a £3m van contract with a French distributor. Modec announced this news just after they released details that their electric delivery van had gained the EC Whole Vehicle Type Approval. What this means is that the van can be sold anywhere within the European Union without having to go through further testing.
The electric van manufacturer has had business with the likes of Tesco’s, FedEx, Center Parcs and UPS, just to name a few. Now they can add ElecTruckCity to their list of clients who have payed £3m for 100 new vans.
ElecTruckCity is a French van distributor based in Paris who have become the first Modec distributor in France. Bill Gillespie, chief executive of Modec, said this about the deal: “International demand for Modec is extremely strong. ElecTruckCity has taken the first step by setting up a distribution network in France and we are very excited about the future of the French market.”
The vans that were bought by ElecTruckCity were the popular urban delivery vans. Modec currently have over 150 delivery vans around the streets of the UK, owned by a number of clients including Center Parcs. The reason these vans are becoming popular is because they are designed for the city. The urban delivery van costs around 15p per mile, compared to 37p for a petrol powered van, and can traval 100 miles using the lithium battery.
The vans also can save more than 9 tonnes of CO2 every year which can help companies like Tesco reduce their emmissions.
As these Modec vans become ever more popular, it appears that the common vans that you see around like Citroen vans or Nissan vans will have alot of competition as more and more companies want to get greener.
Modec have also introduced a new product, their electric tipper van, it looks like they’ll be targeting a brand new market. The new tipper van has been designed for local authority refuse collection. These are most likely going to become popular as we see an increase in councils becoming greener.
I also wouldn’t be surprised if we started to see an increase in van leasing companies that are investing in Modec vans as alot of companies that are currently leasing their vans may be interested in a cheaper, more greener alternative.
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This entry was posted on Wednesday, August 19th, 2009 at 3:03 am and is filed under Auto Insurance News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.