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US: Smith Electric raises going concern doubts

Smith Electric Vehicles has voiced concerns regarding its ability to continue as a going concern. According to Fleet News, the electric vehicle specialist is currently seeking to raise funding through a share offering on the US stock market. Smith reported a loss of US$52.5m in 2011. The company builds the Newton Subscribe to Automotive World … Continued

Smith Electric Vehicles has voiced concerns regarding its ability to continue as a going concern. According to Fleet News, the electric vehicle specialist is currently seeking to raise funding through a share offering on the US stock market.

Smith reported a loss of US$52.5m in 2011. The company builds the Newton

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https://www.automotiveworld.com/articles/94585-us-smith-electric-raises-going-concern-doubts/

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