Corporate Business
London Taxi Company Inaugurates £300 Million New Electric Vehicle Plant
The London Taxi Company (LTC) today announced the official opening of the UK’s first car plant dedicated solely to the production of range -extended electric vehicles. This new, state-of-the-art, vehicle plant in Ansty, Coventry, is where the world’s first purpose-built, mass-market electric taxi will be built. LTC, a wholly-owned subsidiary of Geely, has invested more than £300m in the new site and the next-generation London taxi, which will be produced at the plant and exported around the world. The investment and expansion of LTC has created more than 1,000 new jobs, including 200 engineers and 30 apprenticeships.
