1 minute read - 23rd October 2023
RBW opens new electric car factory in Lichfield
Electric vehicle and systems manufacturer RBW Electric Classic Cars has opened its new UK factory in Lichfield, following a multi-million pound investment.
California-based Meson Capital Partners has made a £10m investment, which follows an original £5m, with a further £300k in UK grants raised for tooling and manufacturing. The new investment will enable the company, which was founded seven years ago, to scale up to meet global demand.
The new 28,000 sq ft facility in Lichfield is also creating 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 and the company will launch in the USA in 2024.
RBW has two divisions 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 accreditations. With plans to release more models and the licensing of the modular system, RBW says its portfolio is expanding rapidly.
Peter Swain, founder of RBW, said: “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.”