Electric car company RBW open new multi-million pound Lichfield factory.
Electric vehicle and systems manufacturer RBW has officially opened its new UK factory following a multi-million pound investment from California.
Since its foundation, seven-years-ago, RBW continues to pioneer the safe electrification of vehicles. The investment will enable the company to scale-up to meet global demand.
Meson Capital Partners' £10 million investment follows an original £5m and a further £300,000 in UK grants raised for tooling and manufacturing.
The new 28,000 sq ft facility, in Lichfield, is generating 118 new jobs including apprenticeship partnerships with local colleges and universities. The vehicles produced at the site will predominantly be exported globally to RBW-approved distributors. The company will launch in the USA in 2024.
RBW has two arms to its business; the patented modular system, which can be licensed to other vehicle
manufacturers and the production of the RBW Roadster. This brand new electric British classic car – the company’s first model – has achieved Passenger Car M1 Approval and Regulation 100.
With plans to release more models and the licensing of the modular system, RBW’s portfolio is expanding rapidly.
RBW founder Peter Swain explained: “Our modular system can be fitted into both new vehicles and upcycled vehicles, giving our system an incredibly low carbon footprint."
By the end of 2024 the factory at Britannia Way, Britannia Enterprise Park, is set to produce 10 new vehicles and supply 20 of its modular systems each month.
“It’s always been my dream to build RBW's factory in the Midlands, so my family can share its success with our community” he added.
