UK company LEVC lays off 70 employees
The London Electric Vehicle Company (LEVC) is to lay off 70 temporary employees, according to information from the BBC. Reasons were not given, but it is likely that Brexit has played a role.
According to the British company, only workers on temporary contracts will be affected by the changes. They asserted that it was “important affected staff are treated in a fair and transparent way”.
The London Taxi Company, since renamed LEVC, faced financial problems in 2013 before China’s Geely Holding Group stepped in to rescue the firm. In 2017 the company opened its £300m Ansty plant, creating more than 1,000 jobs.
LEVC recently announced a global reorientation of its commercial vehicle strategy in cooperation with its parent company Geely. The British company has recently filled orders in Germany and France, but with Brexit, things may change.
The exact reasons for the layoffs are unknown, however; a LEVC spokesperson only said that “2019 will be a challenging year for the British automotive industry.”
The change could also have to do with new leadership. After the current CEO Chris Gubbey announced his retirement, LEVC appointed the former Audi- and GM-Manager Jörg Hofmann as his successor reportedly.
Additional reporting by Nora Manthey.
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