Electric vehicle and systems manufacturer RBW, officially opens its new UK factory today, following 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’ £10m investment follows an original £5m and a further £300k in UK grants raised for tooling and manufacturing.
The new 28,000-square-foot 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 explains: “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 is set to produce ten 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.
For more information, please contact Rebecca Swain on +44 7444783349 or [email protected].