Modec Makes £3m Deal for Electric Vans

Modec, a Coventry based electric van company, announced yesterday that they had won a contract with a French van distributor for £3m. This news was released after they also announced that their battery powered urban delivery van is the first van to gain the EC Whole Vehicle Type Approval. This means that the van can now be sold to any country within the EU without having to go through anymore testing for that country.

UPS, FedEx, Tesco and Center Parcs are only a few of the major clients that the electric van manufacturer, Modec, can boast about. Modec can now add ElecTruckCity to their client list.

ElecTruckCity is a French van distributor who is based in Paris, they are the first Modec distributor in France. Chief executive of Modec, Bill Gillespie, said this about the announced deal: “International demand for Modec is extremely strong. ElecTruckCity has taken the first step by setting up a distribution network in France and we are very excited about the future of the French market.”

The vans that were bought by ElecTruckCity were the popular urban delivery vans. There are now over 150 Modec delivery vans around the UK, owned by clients such as FedEx. These Modec delivery vans are becoming ever more popular because they have been design for the city. Using a lithium battery, the vans can travels 100 miles and they cost only 15p per mile, compared to a petrol powered van which costs 37p per mile.

The vans also can save more than 9 tonnes of CO2 every year which can help companies like Tesco reduce their emmissions.

As these Modec vans become ever more popular, it appears that the common vans that you see around like Citroen vans or Nissan vans will have alot of competition as more and more companies want to get greener.

Modec are also going to be tackling the tipper van market with the introduction of their electric powered tipper van. This new vehicle has been specifically designed for local authority refuse collection. With more and more councils trying to be greener, this new vans are likely to become very popular.

I also wouldn’t be surprised if we started to see an increase in van leasing companies that are investing in Modec vans as alot of companies that are currently leasing their vans may be interested in a cheaper, more greener alternative.

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