LEVC Unveiled as Company Presents Final Design for New Electric Taxi

July 13, 2017 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

Electric Taxi New product, new name and new logo signal global ambitions as London Taxi Company transforms London Taxi Company becomes LEVC – the London EV Company – to support its global vision to become the urban commercial vehicle provider of choice Ambitious commercial vehicle strategy beginning with the electric Taxi, followed by an electric LCV,…

Zhejiang Geely Holding Group Raises US$400 Million in Chinese Auto Industry’s First Ever Offshore Green Bond Issuance

May 20, 2016 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

20th May 2016, Hangzhou. Zhejiang Geely Holding Group (“ZGH” or the “Group”) priced the first-ever Green Bond on the offshore market from a Chinese automobile company, raising US$400m to support the development of zero-emission capable vehicles by its UK subsidiary, the London Taxi Company (“LTC”), manufacturer of the iconic London Black Cab. The senior unsecured bonds,…

The London Taxi Company Unveils Next Generation Zero Emission Capable Black Cab and Announces Further R&D Investment in the UK

October 21, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

21 October 2015, Coventry, UK. The London Taxi Company (LTC) today unveiled the new design for its next generation zero emission capable Black Cab, the TX5, at a VIP event celebrating creative industries and design held at Lancaster House, London, as part of the state visit tothe UK by Chinese President Xi Jinping. The TX5…

Construction Underway for the London Taxi Company’s New Home to Build Ultra Low Emissions Vehicles

August 3, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

3 August 2015, Coventry. The London Taxi Company has today announced the start of construction work to build its new research, development and assembly site in Ansty, Coventry. This important milestone comes soon after the company’s £250 million investment project was announced in the presence of the Prime Minister and Mayor Boris Johnson earlier in…

Geely to Invest £250m in New London Taxi Site to Develop Next-Generation Green Cab

March 26, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

26 March 2015, Coventry, UK. Geely announces today that it will invest £250m to build a new state-of the-art research, development and assembly facility for the London Taxi Company as the group prepares for the introduction of the next generation London Black Cab. The investment will see the construction of a new purpose-built facility in…

Geely Group Restarts Production of Iconic London Taxi

September 12, 2013 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

12 September 2013, London. The London Taxi Company today restarted production of the famous black cab, six months after the business was rescued by Geely Group of China. Following a significant improvements to LTC’s manufacturing facilities in Coventry and the creation of around 65 new jobs, the company has once again commenced the building of…

Geely to Acquire Manganese Bronze Business and Assets

January 31, 2013 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

1 February 2013, Hangzhou/London. Zhejiang Geely Holding Group (‘Geely’), the leading Chinese automobile manufacturer, has today acquired the business and the principal assets of Manganese Bronze Holdings (‘MBH’), the manufacturer of the iconic London Black Cab, out of administration on a cash-free, debt-free basis for £11.04m. The deal, which will safeguard production of one of the…