UPDATE 1-Tanfield gets funding to develop electric vehicles


* Says to get 1.6 mln stg from government for the project * To develop 16 vehicles under the programme * Shares up 3 pct June 24 (Reuters) - Britain's Tanfield Group Plc will be eligible to receive government funding of 1.6 million pounds ($2.6 million) to develop electric passenger vehicles, which could soon become a common sight on the streets of London. The company said it was part of a consortium that successfully bid for the development and trial of 16 vehicles under the Ultra ...

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