Taxi Driver Online

Up to 45 workers at a black cab manufacturer are set to lose their jobs.

London Electric Vehicle Company said the move was part of plans to "drive efficiencies" across the business. The Coventry-based firm said the job cuts would include a combination of temporary staff and those choosing voluntary redundancy. It said vehicle production would continue at Ansty Park and there would be no impact on customers or sales and service.

The announcement comes after about 100 workers downed tools and went on strike over a pay dispute in June. Members of the union Unite had rejected a 3.5% pay rise and £400 one-off payment for those on lower grades.

The plant which makes electric taxis opened in 2017 and has about 400 employees.

https://www.bbc.co.uk/news/articles/cq5lj097v1jo
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At the risk of stating the obvious, cutting jobs doesn't suggest LEVC is doing well.

The vehicles are just too expensive.

If London ever got rid of the 'turning circle' requirement they would go bust.

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IDFIMH

Appreciate they'll have invested a lot upfront into development and tooling. But if it's still not viable at the price point AND an effective monopoly in London, it doesn't look good.

And agree if the turning circle goes, so will the TXE - a good van conversion would clean up.