The UK’s largest tool and equipment hire firm, Speedy Hire, has announced an expansion in its electric delivery fleet. Since last year, the company has used four Modec-manufactured electric vans to complete deliveries in London. These new vans will bring the total up to ten vehicles and are due to be deployed at Heathrow airport and Manchester. The vans, manufactured by Coventry based firm Modec, are powered by Lithium Ion Phosphate battery technology and promise high performance and a ... read more

Cost of diesel increase is enough to charge a Modec for a whole year… Annual fuel costs have risen by £1,109* in the last 12 months for the average diesel van. Charging a Modec for a whole year costs just £1,050** on average… that’s less than the ADDITIONAL fuel cost and is far easier to predict thanks to stable electricity prices. With a running cost of only 7p per mile, compared to the 29p per mile it costs to fuel an equivalent sized diesel van, the vehicles are cost ... read more

Sir John Egan has been appointed to the Modec Group board. Sir John, previous chairman of Jaguar and CEO of BAA will sit alongside Kevin Morley, formerly MD of the Rover Car Group and Modec founder, Jamie Borwick, former Chairman of Manganese Bronze. The move symbolises the common belief shared between these automotive giants that the future of commercial transport will be electric. “Electric is an alternative automotive propulsion technology that is available today - unlike other ... read more