London Taxi Co. has announced it will invest an additional £25 million in its new assembly plant near Coventry, England, to produce electric-powered vans.
The company plans to promote its electric vans as a clean alternative to diesel-powered commercial vehicles.
"This is going to be the future-proofed 'white van' that people have been waiting for," said Chris Gubbey, CEO of London Taxi, in a statement.
"The opening of our new plant sets a number of records," said Carl-Peter Forster, chairman of London Taxi. "It's the first brand-new automotive manufacturing facility in Britain for over a decade, the first dedicated electric vehicle factory in the UK, and the first major Chinese investment in UK automotive."
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