Exclusive-Geely plans to turn maker of London black cabs into EV powerhouse

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Reuters UK

By Nick Carey COVENTRY, England (Reuters) – China’s Geely is planning a big investment to turn the maker of London’s iconic black taxis into a high-volume, all-electric brand with a range of commercial and passenger vehicles, executives at the unit told Reuters. London Electric Vehicle Company (LEVC) also aims to expand its suite of services, which include cars arranging their own maintenance and recognising their owner’s interests to help them book activities. “We need a developed product portfolio. We need to make big investments in terms of the technology and infrastructure,” LEVC Chief Exe…

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