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Tanfield Group
The Tanfield Group, formerly Comeleon, has changed its main focus from automotive components and imaging equipment to electric vehicle manufacturing and specialist engineering. As Comeleon, the company made 3D images for mobile phones and other devices, but saw the bottom drop out of its key handset market in 2003. In 2004, Comeleon was absorbed by the Tanfield Group. The company has since expanded to include electric vehicles and aerial work platforms. The group is made up of the following companies: * Aerial Access * Jumbotugs * Norquip * SEV Materials Handling * Smith Electric Vehicles * Snorkel International * UpRight Powered Access * Tanfield Engineering Systems Ltd Snorkel On 28 June 2007, the company acquired Snorkel International as another division of its Aerial Work Platform (AWP) market share. TX4E London Taxis International, which manufactures the London black taxi in Coventry, has signed a development agreement with electric vehicle manufacturer Tanfield to de ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Smith Electric Vehicles
Smith Electric Vehicles (also known as Smith's) is a manufacturer of electric trucks. The company, founded in 1920 in the north of England, moved its headquarters to Kansas City, Missouri in 2011. Smith suspended all operations in 2017. Smith is a manufacturer of the world's largest range of zero-emission commercial electric vehicles, with Gross vehicle weight rating, gross vehicle weights (GVWs) from . From 2010 to 2015, the company produced over 800 commercial electric fleet vehicles. Formerly based in Washington, Tyne and Wear, it manufactured vehicles for the European, Canadian, Southeast Asian and US markets. Smith was formerly part of the Tanfield Group, which trades on the London Stock Exchange's Alternative Investment Market. Tanfield established a Delaware General Corporation Law, Delaware corporation, Smith Electric Vehicles US Corp (SEV US Corp), in 2009 to penetrate the North American market. The company headquarters is in Kansas City, Missouri. In March 2010, the U ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Milk Float
A milk float is a vehicle specifically designed for the delivery of fresh milk. Today, milk floats are usually battery electric vehicles (BEV), but they were formerly horse-drawn floats. They were once common in many European countries, particularly the United Kingdom, and were operated by local dairies. However, in recent years, as the number of supermarkets, small independent grocers and petrol stations A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gaso ..., and convenience stores stocking fresh milk has increased, many people have switched from regular home delivery to obtaining fresh milk from these other sources. Characteristics Because of the relatively small power output from its electric motor, a milk float travels fairly slowly, usually around although some have bee ...
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Trolleybus
A trolleybus (also known as trolley bus, trolley coach, trackless trolley, trackless tramin the 1910s and 1920sJoyce, J.; King, J. S.; and Newman, A. G. (1986). ''British Trolleybus Systems'', pp. 9, 12. London: Ian Allan Publishing. .or trolleyDunbar, Charles S. (1967). ''Buses, Trolleys & Trams''. Paul Hamlyn Ltd. (UK). Republished 2004 with or 9780753709702.) is an electric bus that draws power from dual overhead wires (generally suspended from roadside posts) using spring-loaded trolley poles. Two wires, and two trolley poles, are required to complete the electrical circuit. This differs from a tram or streetcar, which normally uses the track as the return path, needing only one wire and one pole (or pantograph). They are also distinct from other kinds of electric buses, which usually rely on batteries. Power is most commonly supplied as 600-volt direct current, but there are exceptions. Currently, around 300 trolleybus systems are in operation, in cities and towns in 4 ...
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London Taxis International
The London Taxi Company was a taxi design and manufacturing company based in Coventry, England. It formerly traded as London Taxis International and Carbodies. It operated a coachbuilding business on Holyhead Road, Coventry. After half a century making short runs of limited demand bodies for major manufacturers it was obliged to replace these now moribund activities and in 1971 took from its former customer and supplier of taxi chassis, Austin, the manufacture of complete London taxicabs. Two years later was bought by Manganese Bronze Holdings. Rebranded as The London Taxi Company in October 2010, it was placed in administration in October 2012, with certain assets purchased by Geely to form what is now the London EV Company. History The origins of The London Taxi Company can be traced to 1919, when Robert 'Bobby' Jones, a former general manager at coachbuilder Hollick & Pratt took over the coachbuilding operations of his then employer, timber merchants Gooderhams and se ...
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Aerial Work Platform
An aerial work platform (AWP), also known as an aerial device, elevating work platform (EWP), cherry picker, bucket truck or mobile elevating work platform (MEWP) is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height. There are distinct types of mechanized access platforms and the individual types may also be known as a "cherry picker", "boom lift" or "scissor lift". They are generally used for temporary, flexible access purposes such as maintenance and construction work or by firefighters for emergency access, which distinguishes them from permanent access equipment such as elevators. They are designed to lift limited weights — usually less than a ton, although some have a higher safe working load (SWL) — distinguishing them from most types of cranes. They are usually capable of being set up and operated by a single person. Regardless of the task they are used for, aerial work platforms may prov ...
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Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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Engineering
Engineering is the use of scientific method, scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized List of engineering branches, fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of Accreditation Board for Engineering and Technology, ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct o ...
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