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Cenex, the UK's national centre of
excellence for low carbon and fuel cell technologies, announces a
project to support Modec, which designs, develops and produces electric
commercial vehicles, at the launch of its brand new innovative electric
van range.
Cenex has committed a six figure sum in
support of the Modec dealer network in London, which will accelerate the
roll out of customer demonstration electric vehicles within Greater
London.
“This is exactly the kind of project that
Cenex was formed to support,” said Robert Evans, CEO of Cenex.
“This is a pioneering initiative which
will pump prime the emerging market for electric vehicles and thereby
support the UK’s automotive supply chain investing in low carbon vehicle
technologies. Cenex looks forward to working with Modec and many
customer fleets interested to operate electric commercial vehicles in
the UK. This pilot will help validate the proposition that the low
carbon vehicle technologies can meet or exceed customer’s operational
requirements whilst simultaneously delivering big gains in environmental
performance. We will be working through the Low Carbon and Fuel Cell
Technology Knowledge Transfer Network (KTN) to disseminate the results
of the field trials to actively encourage fleet operators to include
electric vehicles in their fleet renewal plans, as a step on the road to
sustainable mobility.”
Commenting on the Cenex involvement in
this project, Jevon Thorpe, CEO of Modec, said: “We feel that the
support we are receiving from Cenex will play a significant role in
accelerating the adoption of electric commercial vehicles in the UK. The
funding not only presents a valuable financial investment into the start
up costs of the dealer network but a real vote of confidence that will
help to drive take up by flagship retail organizations and commercial
operators.”
CENEX is working with ING to provide
funding in the form of “upfront” leasing support for three existing
commercial vehicle franchise holders. These dealers will each take four
vehicles (standard, box, tipper and refrigerated) together with
infrastructure support equipment.
The announcement of the agreement comes in
the week that Modec officially opens its new factory in Coventry, which
occupies a 25,000 sq ft facility with a two shift capacity to produce
close to 5,000 vehicles a year.
Cenex is already supporting a project for
electric smart cars involving Zytek, which is a supply chain supplier to
Modec.
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Cenex to support Modec electric commercial
vehicles
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