Shanghai (ZXZC)- Zhejiang Yinglun Automobile Co., Ltd (Zhejiang Yinglun), one of subsidiaries of Zhejiang Geely Holding Group (Geely Holding), saw its first new energy complete vehicle TX5 come off the production line on December 25, according to local media.

The NEV plant, located in Yiwu, Zhejiang Province, is invested by Zhejiang Yinglun. Involving a total investment of RMB7.2 billion, the program is designed to locally produce the UK-born TX5 new energy taxi that carries Geely's NEV powertrain. Two platforms weighing 2.5 tons and 3.5 tons respectively are created to manufacture 6 series of the TX5 model in total, including new energy PVs, new energy logistics vehicles and pickups, etc., with a planned annual capacity of 10,000 vehicles.

In February 2013, Geely Holding bought London Taxi Company, the UK-based manufacturer of London's municipal cabs. In March 2017, the first TX5 taxi rolled off the production line at the Ansty Park plant in Coventry after Geely launched the prototype in U.K. in 2015. It is reported that the Coventry-based plant focuses on developing zero-emission and ultra-low-emission taxis for London as well as zero-emission electric commercial vehicles featuring lightweight technologies.

The TX5 is a PHEV model that adopts a brand-new aluminum body to reduce the vehicle weight. Offering a comfortable seating room, the taxi can hold up to 6 passengers.