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London Taxi Company to create 1,000 new Jobs

A £250m taxi plant is to create up to 1,000 new jobs.

The plans have been revealed by the owner of the London Taxi Company (LTC), which makes the iconic black cab.

Chinese manufacturer Geely said 

"the new factory would include research and development and an assembly plant to build the next generation of electric and low-emission vehicles."

The first cars are expected to be made at the Ansty Park site in 2017.

"It is thought to be the biggest investment of its type by a Chinese company in the UK and was backed with funding from the government's Regional Growth Fund."

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