Tricorn Group wins seven year deal for new electric London taxi
Tricorn Group
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15:29 17/09/21
Tube manipulation specialist Tricorn Group announced on Friday that its UK operation, Maxpower Automotive, has secured a long-term supply agreement with the London Electric Vehicle Company - formerly the London Taxi Company.
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The AIM-traded firm said the agreement, which is for seven years, was for the supply of brake pipe assemblies for the new TX eCity electric taxi and was expected to generate around £5m of revenue.
“This is the latest in a number of long term agreements we have secured with major customers and reflects our growing reputation for outstanding operational performance and responsiveness,” said Tricorn’s sales director David Leakey.
“We are delighted to be working with LEVC, for the first time, on this prestigious project.”