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by: Tom Duggan | Date: 10 | 9 | 2019

LEVC Reveals Rapid Growth in European Sales

At IAA 2019, the London EV Company (LEVC), is displaying its electric TX ‘Shuttle’ as part of the IAA New Mobility World at the Department for International Trade (DIT) stand in hall 5.

LEVC sees major demand in Europe for shuttle versions of the TX Taxi. The TX Shuttle is based on its electric taxi, featuring the same eCity Technology, merging 129km (80 miles) of zero emissions capability with range-extended flexibility giving a total range of 607km (377 miles).

It offers passengers a comfortable and luxurious cabin capable of taking six passengers alongside charging points for mobile phones and laptops. As well as that, there is on-board Wi-Fi and a panoramic roof. The TX Shuttle shares the same DNA as the electric taxi and now offers mobility and shuttle services the opportunity to specify the taxi to their own unique needs, building features as required for their business use. This makes the ‘Shuttle’ product ideal for on-demand public transport and taxi services across Europe and the rest of the world.

Focus on Europe and beyond

New products such as the TX Shuttle and light commercial vehicle, the LCV van, will create further growth in Europe. By 2022, LEVC expects that 70 percent of the vehicles built at Ansty will be for the export market. This is while the remaining 30 percent will service the UK.

A vital element of this export strategy is the establishment of a central European sales office, based in Frankfurt and, with the strong support of Volvo Germany’s dealer network and finance and insurance infrastructure, LEVC is building an established network to cover the growing demand from existing and future customers.

Additionally, LEVC has already identified sales opportunities across Germany, Denmark and France adding to LEVC’s current markets of Norway, Sweden, Hong Kong and Malaysia and fitting with LEVC’s aim to have fleets of TXs in major cities around the world by 2024.

Joerg Hofmann, CEO of LEVC

Joerg Hofmann, CEO of LEVC, commented: “The TX Taxi has been a huge success with 2500 vehicles sold in the UK – and across Europe. In addition, it has proved that taxi drivers have become converts of green logistics, with major benefits in terms of cost savings, while for commercial vehicle operators the e-City range extender technology takes away range anxiety once and for all.

“The time is right for a new green mobility provider, cities face ever-growing populations and the challenge of air quality. With our zero emission TX Taxi, TX Shuttle and LCV, we can change the way people and goods are moved around an urban area.

“Our overall growth strategy is supported by export sales into new markets together with a new range of products. Our goal is to be the leading European green commercial mobility solution provider. I have every confidence we will achieve that ambition.”

LEVC has achieved strong sales figures this year, with record sales month-on-month since April. The all-electric TX is now the official vehicle for the new on-demand public transport service in Offenbach in Germany and recently formed part of the VIP shuttle service at the AvD Old-timer Grand Prix held at the Nürburgring.

Furthermore, LEVC is also currently working with University of Duisenberg-Essen and the city of Cologne to determine the possibility of creating inductive charging for the TX fleet. This means LEVC products may not need to be plugged in.

In addition, since 2014, GEELY has invested more than £500m into the London Electric Vehicle Company (LEVC). This allows it to build an entirely new manufacturing facility in Ansty, Coventry. It also allows development of the TX Taxi, a vehicle which has been a huge success with 2500 examples sold in the UK and throughout Europe.

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