Press Release from the Transport News Network

With a restricted top speed of 40mph and a range of up to 80 miles, the 'Faraday' is not the fastest thing on wheels but it does have some advantages that can more than offset these limitations.

The vehicle's top speed is more than sufficient for a city environment. The latest study by the Office of National Statistics (ONS) found that, in the 18 largest towns and cities outside of London, the average rush hour traffic speed was 21mph, and the average off-peak speed was 25.3mph. A recent Transport for London traffic survey in the Congestion Charge Zone found the average peak time speed was between just 8 and 12 miles per hour.

As for the 80 mile range, statistics show that the average distance covered by a UK city centre delivery vehicle over a typical eight hour shift is just 20 miles.

Added bonuses are that it is exempt from paying the road fund licence, London Congestion Charge and does not pay car parking or meter fees in London.

On the ecological front, Faraday is a zero emission vehicle which would be especially suited to environments where zero emissions are considered important, such as airports, nuclear power plants or hospitals. This having been said, Tanfield are well aware that the electricity that charges the Faraday may well have been produced by burning fossil fuels and so they are exploring the possibility of a partnership with a renewable energy company to offer customers a truly zero emission solution.

Kevin Harkin, business development manager for Smith Electric Vehicles, said, "Faraday will completely change the way goods are delivered in our city centres. It is not only an effective solution to the growing problem of urban air pollution, but can compete with the likes of the Transit van on whole life cost."

While Faraday will have a slightly higher retail price than a conventional LCV, Smith promises it will work out cheaper in the long run. "Economies of scale and production methods mean that, eventually, we should be able to offer a vehicle with the same list price as a typical LCV," added Harkin.

The company's short term aim is to manufacture 1,000 Faraday vehicles a year, rising to 2,500 a year in the medium term.

Press Release from the Transport News Network - 5/10/05

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Wednesday 5th October 2005 10:50 AM