Tanfield to double electric vehicle output

Newswire

NEWCASTLE-UPON-TYNE, England, May 22 (Reuters) - Electric vehicle maker Tanfield Group Plc plans to double output this year to meet growing demand from emissions-conscious customers, its chief executive said on Tuesday. Tanfield assembles five vehicles a week and will make 10 a week by the end of the year and 30 next year. Exports, which make up about 15 percent of its electric vehicle division sales, are also expected to rise and account for 40-50 percent of sales next year. "Our ...

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