London Taxi Company (LTC), a wholly-owned subsidiary of Zhejiang Geely Holding Group (ZGH), has rebranded itself to London EV Company (LEVC). This change signals the company’s ambitions to become a global leading urban commercial vehicle provider.
The first model to be conceived from this £325 million (RM1.8 billion) investment is the LEVC TX, the latest-generation of the iconic London Taxi. Driving the TX is a sophisticated eCity technology developed specifically for urban commute purposes, comprised of an electric powertrain with a small petrol engine acting as the generator. LEVC claims the TX has a range of over 640km and pure electric range of over 100km.
Chris Gubbey, CEO, LEVC said, “From our heritage as the manufacturer of the iconic London Taxi, we have unparalleled insight into the needs of commercial operators. Drawing on the best of British design and engineering as well as technical expertise from our sister company Volvo, our products will help transform city living and provide taxi drivers with an average weekly fuel saving of £100 compared with our outgoing diesel model.”
The LEVC TX is slated for launch in London later in the year pending final tests while order books open on 1 August 2017. LEVC has also received its first international bulk order of 225 vehicles from RMC, one of the largest taxi operators in the Netherlands.