London’s Taxi manufacturing plant, Ansty Park, will be officially opened in Coventry this upcoming Wednesday 29 March.
The £300 million plant, which created 1,000 jobs, is the base of the new electric taxi: the TX5. More than £300 million was invested into the electric taxi after 69 years of manufacturing the black cab in the UK.
A new electric cab will be over £40,000 with each cab being greener than the Diesel productions. The site will be able to create more than 20,000 vehicles a year.
The first electric taxis made from production will go on sale in London in the last quarter of the year, before being sold globally in early 2018.
This comes after Chinese carmaker Geely bought the London Taxi Company in 2013; they now employ more than 1,500 people. The Antsy Park plant will be the first all-new car factory in the Midlands since 2003, following Aston Martin in Warwickshire.
“It shows that the West Midlands continues to lead the way when it comes to both automotive research and development and production,” transport correspondent for BBC Midlands Today, Peter Plisner said.
The Ansty Park site includes a research and development centre for the electric taxi, seeing engineers make up 200 of the recently-created jobs.