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…