Redundancy talks are underway at Coventry taxi-maker the London Electric Vehicle Company (LEVC).
It comes after the firm announced on July 9, that the workforce at its site in Ansty, Coventry is to be reduced by around 180 people.
It is within the TX manufacturing related workforce that jobs are set to be lost. Customers, service or sales support are not included in the losses.
In an update, the firm has said that consultations are now underway with those at risk. "Staff have already been notified and the necessary processes and procedures are underway," a spokesperson said.
"Employees will go through an individual consultation, resulting in a phased approach to the redundancies taking effect."
The firm said that the 'difficult decision' behind the job losses came against the backdrop of 'increasingly difficult automotive market conditions'. But it has said that the Ansty site will remain 'its home'.
In a statement, Alex Nan, CEO of LEVC, said: "We are exceptionally proud of our world-class products, our home in Ansty and our employees.
“However, with the UK taxi market continuing to experience significant challenges, LEVC has reluctantly made the decision to reduce its TX manufacturing output, resulting in a round of compulsory redundancies. LEVC will of course provide full support for its customers as normal and there is no impact on the sales or aftersales of new or used TX.
"LEVC firmly believes in the future of the UK taxi industry and we remain committed to our vision of being a leading provider of green mobility solutions. Despite the temporary challenges the taxi sector is facing, we are dedicated to safeguarding the iconic London black cab and are actively discussing with regulators the requirements to support the development of an all-new TX."
He added: "In the short term, we unfortunately have to make some difficult decisions in order to ready LEVC for resilient, sustainable profitability and long-term growth.
"Ansty will always be the home of the iconic London taxi and we will announce further details on LEVC’s new strategic vision very soon."
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