Electric taxi maker eyes growth with £2m crowdfunding campaign

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A Coventry-headquartered manufacturer of electric taxis is eyeing growth after launching a crowdfunding campaign with a £2m target.

Dynamo Motor Company, which manufactures The Dynamo Taxi, has currently raised £1.5m from 192 investors on Seedrs, with 30 days remaining on the campaign.

Dynamo has engineered and developed a first to market vehicle using Nissan's fully electric eNV200 Evalia MPV as a donor vehicle, which the company then converts into a fully certified and compliant London Black Cab.

The company has sold 170 vehicles to date, with sales being in London, Liverpool, Coventry, Sheffield and Nottingham.

A statement on the company's crowdfunding page said: "In the

 link source - Insider Media

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