Smith Electric Vehicles (SMTH)

[Joz]

Smith Electric US Corporation has just made a S-1 Filing for imminent ipo on Nasdaq, with the intended ticker SMTH

See:
http://www.sec.gov/Archives/edgar/data/1455900/000104746911009328/a2206090zs-1.htm

This is possibly the most significant electric vehicles ipo since Tesla - and may well appeal to those who already own Tesla stock and want to widen their portfolio of related stocks.

Their website is http://www.smithelectric.com

Smith Electric Vehicles has produced and maintained roadgoing electric delivery vehicles in the UK for over 80 years. In 2009 it established a US offshoot, which subsequently bought out its UK parent. They are the worldwide leader in the production and sale of electric delivery trucks. Currently based in Kansas City, Missouri, they are planning to replicate that facility in up to 20 US states. Plans for a chosen site in New York are already under way.

NOTE: Ahead of the ipo, it is possible to invest indirectly via UK stock in Tanfield Group, who own a substantial stake in Smith