Munro, Scotland’s first carmaker in more than four decades, plans to build a new plant for industrial-use electric vehicles in the UK in a boost for the government’s ambitions to boost car manufacturing.
Avinash Rugoobur, who was appointed Munro’s chief executive on Tuesday, told the FT that the start-up would aim to start building its UK plant from 2027 to meet domestic client demand in the mining, defence and construction sectors.
Despite the UK’s high energy and labour costs, Rugoobur said it would be possible to build the vehicles profitably because of the company’s smaller scale and the customisation needs of its specialist clients.
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