Geely, the Chinese automotive group behind brands like Volvo, Polestar and Lotus, has made a £120m investment in electric black cab manufacturer London Electric Vehicle Company (LEVC).
The new expenditure increases Geely’s total investment in LEVC to £620m and is expected to go towards the development of the new ‘Space Oriented Architecture’ (SOA) platform. The next-generation platform is designed to maximise interior space for passengers and cargo, and has already been deployed on LEVC’s electric L380 luxury MPV in China ahead of launches in global markets in the coming years.
LEVC plans to utilise the SOA platform as the basis for more private EVs in the future, building on its well-established portfolio of electric taxis and vans.
Contechs works closely with Geely and several other global automotive groups to design and engineer the next-generation of vehicles, providing technical expertise across the product development process.
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