In this article, we are going to explore in depth London Electric Vehicle Company and everything that this topic entails. From its origins to its relevance today, through its implications in different areas, London Electric Vehicle Company is a topic that deserves to be analyzed from various perspectives. Over the next few lines, we will delve into the most relevant aspects of London Electric Vehicle Company, unraveling its possible impacts and offering a global vision of this topic. Whether you are familiar with London Electric Vehicle Company or new to the topic, this article aims to offer a complete and up-to-date view of this issue, inviting you to reflect and increase your understanding of London Electric Vehicle Company.
Formerly | The London Taxi Corporation |
---|---|
Company type | Subsidiary |
| |
Industry | Automotive |
Predecessor | LTI Limited |
Founded | 11 January 2013 |
Headquarters | , |
Products | Automobiles |
Parent | Geely Holding |
Website | levc |
London Electric Vehicle Company (LEVC), formerly The London Taxi Corporation Limited, is a British automotive manufacturer with its headquarters at Ansty Park near Coventry, England. It is a wholly-owned subsidiary of Chinese automaker Geely. The company produces London’s famous black taxicabs. Much of the engineering is done by China Euro Vehicle Technology, a Geely subsidiary based in Gothenburg, Sweden.
Geely's involvement in British taxicab production began in 2006 when it partnered with LEVC's predecessor The London Taxi Company, and its parent Manganese Bronze Holdings, in the creation of a China-based taxicab manufacturing joint venture. In 2008, Geely considered the possibility of converting London's black cabs into electric-powered vehicles. In 2009 Geely bought shares in Manganese Bronze Holdings.
In 2012 Manganese Bronze Holdings entered administration due to lack of funding. In 2013 Geely rescued part of the business and created its own taxicab production company as The London Taxi Corporation Limited.
The joint venture, Shanghai LTI Automobile Components Co Ltd, made the TX4, a licensed London Black Cab, in Fengjing, Shanghai, and exports semi-complete knock-down kits for assembly in the UK.
From 2014, Geely invested £480m in LEVC to develop a new taxi. In March 2015, LEVC announced a new factory and offices would be built at Ansty Park, northeast of Coventry at a cost of £90m, creating 1,000 jobs. Geely hoped to manufacture 36,000 vehicles per annum.
In 2017, the company launched the new LEVC TX range-extended electric taxi and announced its intentions to begin production of electric commercial vehicles in addition to taxicabs.
Geely had been in talks over the possibility of converting London's black cabs into electric-powered vehicles. The company said it has held talks with UK government officials about the plan. The TX range extender electric vehicle is built at a new facility near Ansty Park, 5 miles (8 kilometres) northeast of Coventry. By April 2022, over 5,000 TX's has been sold in London, around a third of London's taxi fleet.
An electric van was revealed by LEVC on 17 June 2019 In March 2020, LEVC confirmed that the new van would be called LEVC VN5. It went on sale in the UK in 2020 and in the rest of Europe the following year.
LEVC revealed the L380 electric people carrier for the Chinese market in December 2023. With a length of 5.3 m (17 ft) and up to 4 rows and 8 seats inside, the name and stylistic cues of the L380 are based on those of the Airbus A380.