TLDR:
RBW EV Cars, the UK’s only EV manufacturer of hand-crafted British classic sports cars, secured a £10 million investment from Silicon Valley’s Meson Capital Partners. The funding will be used for global expansion, increasing operations, manufacturing, sales, and marketing. RBW recently completed a state-of-the-art factory in England and is set to debut a new GT model later this year.
Article Summary:
The article discusses how RBW EV Cars received a £10 million investment from Meson Capital Partners, a Silicon Valley venture capital firm, to support the company’s global expansion. The investment will be used to increase marketing, manufacturing, operations, and sales. RBW has solidified several partnerships to enhance its manufacturing capabilities. The company’s new state-of-the-art factory in Lichfield, England, now employs 42 people and is producing hand-built EV sports cars. The recent funding has enabled RBW to complete the factory and meet the increasing demand for their iconic sports cars. RBW offers its Roadster model, with plans to launch a GT model later this year. Customers can personalize their EV sports cars by selecting various options on the company’s website. The CEO of RBW EV Cars, Peter Swain, expressed optimism about the company’s future growth and expansion due to the infusion of capital and continued demand for their products.
