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LEVC

  • LEVC: London electric taxi company loses £180m

    Transport and infrastructure

    LEVC, the London electric taxi company, lost almost £180m during its latest financial year as its sales were slashed. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, has reported a pre-tax loss of £179.4m, according to new accounts filed with Companies House. The business, which is owned by Chinese automotive [...]

    LEVC has been cutting jobs.
  • Falling number of London taxi drivers leads to LEVC losing more than £100m

    Transport and infrastructure

    LEVC is attempting to boost its net worth by £100m to combat the falling number of taxi drivers in central London and the expected further decline in its sales this year. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, is in the process of increasing the value of everything a [...]

    LEVC is based in Coventry. (Photo by Christopher Furlong/Getty Images)

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