Shock news today as we read in the Coventry Telegraph, that Coventry based Electric Taxi manufacturer announces 70 job losses.
Funny enough, the announcement came just 24 hours after Prince Charles visited the new factory in Ansty
Workers at the LEVC works, that builds the London Electric range extender black cabs, have been told today to expect job losses.
Managers called their production staff together this afternoon and inform them of plans to reduce the workforce by 70. This is around a fifth of the total workforce.
According to the Telegraph, a production worker (who did not wish to be named) said: "We all knew this was coming, but we didn't know the amount.
"There will be another meeting tomorrow where we will find out the criteria - which staff are going.
"We knew that this would be announced as soon as Prince Charles had left.
"We have put our heart and soul into that new building for Coventry, to do Coventry proud again.
"There are some brilliant workers there, the management are not fit to run a factory in Coventry.
"The production manager called us all together today and said there were 70 to go.
"They are looking at five weeks until we don't have a job.
"Because it is a new company, 80 per cent of the workers are new.
"The workers from Holyhead Road can carry their service on, but it will all be new workers that go.
"Our prospects are bleak now in Coventry."
A spokesman for the London Electric Vehicle Company said: "2019 will be a challenging year for UK automotive.
"To prepare the business we are reducing the number of agency staff and making productivity improvements.
"We still expect demand for our premium electric taxi to continue to grow over the coming years."
It is thought amongst the trade that the vehicle has been over priced and the number of sales expected have not materialised.
There are fears amongst the London Taxi Trade LEVC owners, that the company could fail leaving drivers who’ve purchased the vehicle with a very expensive white elephant
On the electric Taxi front, there has been news the the Nissan Dynano Fully Electric Taxi could be hitting the dealerships in early Spring.
The Dynamo retails (with subsidies) at a whopping £20,000 less than the LEVC.