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LEVC: London electric taxi company loses £180m

Summary by City AM
LEVC, the London electric taxi company, lost almost £180m during its latest financial year as its sales were slashed. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, has reported a pre-tax loss of £179.4m, according to new accounts filed with Companies House. The business, which is owned by Chinese automotive giant Geely, which also owns Volvo and Lotus, had previously lost £75.5m in 2023. The results ha…
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City AM broke the news in London, United Kingdom on Tuesday, October 7, 2025.
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