Glasgow Vehicle Manufacturer Set to Create 300 Jobs
Munro EV aims to fulfill £17.4 million orders by scaling production to 5,000 vehicles annually and creating 300 jobs to replace diesel fleets in heavy industries.
8 Articles
8 Articles
Munro is the bold new car company from Scotland
Volume car production will return to Scotland for the first time in more than five decades. Glasgow-based Munro has announced a £2 million investment from Elbow Beach Capital, allowing it to increase production capacity. With 246 existing orders for the M-Series electric 4×4 already placed, the extra injection of cash will help Munro speed up its plans to deliver completed vehicles. The current order bank is worth more than £17 million. Incre…
Munro EV secures £2 million to boost electric 4X4 production - Scottish Business News
Glasgow-based electric 4X4 manufacturer Munro EV has announced a £2 million funding boost from existing investor Elbow Beach and other contributors, aimed at accelerating production of its pioneering M-Series vehicles. The investment marks a significant milestone for Munro as it targets the mining, defence, and construction sectors- industries where rugged performance and zero emission solutions are increasingly in demand. Funding Fuels Expansio…
Electric four-by-four maker secures £2m investment
Munro, a Glasgow-based manufacturer of electric four-by-four vehicles, has secured an investment of £2m to accelerate production of its M-Series cars. Founded in 2019, Munro was launched to apply the electrification trend seen in passenger vehicles to commercial all-terrain vehicles. While passenger EV sales have risen greatly, the company notes commercial vehicles used in sectors such as mining, construction and defence are largely still diesel…
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