Does Volvo own LEVC?


Does Volvo own LEVC? Yes, the same Geely that also owns Volvo and Lotus. Geely also owns a lot of other companies, too, but the focus today is on the London Electric Vehicle Company. And more specifically, Geely's plan to have LEVC expand significantly and build more than just taxis.


What engine is in a London taxi?

Well, the TX4 uses a 2.5-liter diesel engine with around 100 horsepower and 180 lb-ft of torque, and that engine is built by a company called VM Motori, which is an Italian diesel engine builder.


Do London cab drivers own their cabs?

Drivers who own their cabs as opposed to renting from a garage are known as mushers and those who have just passed the knowledge are known as butter boys. There are currently around 21,000 black cabs in London, licensed by the Public Carriage Office.


Who owns London Black cabs?

Geely acquired the maker of London's black cabs in 2013, after its parent entered administration, and rebranded it as LEVC in 2017. As part of the plan, Geely invested more than £500 million in a new global headquarters and the UK's first dedicated EV manufacturing plant.