LEVC, maker of the London black cab, will cut 180 jobs at its factory in Coventry as part of a drive to reduce costs in the face of "increasingly difficult automotive market conditions".
Owned by Chinese company Geely, LEVC has been building the TX range-extender taxi at the Ansty factory since 2018 for global markets, with around 9000 produced for London alone - around 60% of the city's taxi fleet, the company says.
But the company says it will throttle back production in response to market headwinds and will trim its UK workforce accordingly. The
