Manganese Bronze builds iconic London taxi in China
Manganese Bronze Holdings plc, a UK-based automotive and taxi services company, has built the first prototype of a London black taxi at its JV with Geely in China, said market sources.
Full production of TX4, the iconic London taxi, is expected to start by the end of the year. The JV in China plans to sell 20,000 cabs a year to markets outside the U.K., besides 20,000 saloons based on the iconic design. It will also supply components to the existing plant of Manganese Bronze in UK.
In 2007, Manganese Bronze Holdings PLC set up a joint venture with Chinese car manufacturer Geely Automobile Holdings Ltd and its associates to produce the iconic London black taxi and other vehicles in Shanghai.
Geely is China’s largest privately owned car producer. It ranked within the top 10 amongst domestic auto manufacturers.
Tags: China Auto, Geely