RBW EV, a London, UK-based EV manufacturer of new, hand-crafted British classic sports cars, received £10M investment from Meson Capital Partners.
The company intends to use the funds to expand its operations, manufacturing, sales and marketing on a global scale.
Founded in 2017 by CEO Peter Swain, RBW Sports & Classics Ltd., (RBW EV Cars) is the manufacturer of new, handcrafted classic British sports cars that are powered by a rear-mounted electrified powertrain. Its Roadster and GT models are assembled at the company’s new factory located in England’s advanced manufacturing zone, known as the Midlands Growth Corridor. Its model, which is currently for sale, offers the quintessential British experience by combining the vintage appeal of one of the most iconic sports cars in the world from the 60’s and 70’s, with the modern luxuries and technologies.
Currently, RBW offers its Roadster model, with a starting price of $135,K (USD). In late 2024, the company will debut its long-awaited GT model, with a starting price of $151K (USD).
Commenting on the news Peter Swain said: “The infusion in capital from our recent venture funding coupled with continuing demand for our new, classic British sports cars will allow us to expand our global footprint operationally to ensure a steady supply of our hand built EV’s.”
FinSMEs
17/06/2024