New Funding Catapulting EV Manufacturer's
Global Expansion in 2024; Funding Being Used to Increase Marketing,
Manufacturing, Operations and Sales
LONDON, June 17,
2024 /PRNewswire/ -- RBW EV Cars – the UK's
only EV manufacturer of new, hand-crafted British
classic sports cars, today announced that it recently secured a
£10m investment from San Francisco Bay
Area-based Meson Capital Partners, which will be used to
expand the company's operations, manufacturing, sales and marketing
on a global scale. Riding on the coattails of this news, RBW
also cemented several business partnerships to bolster
the EV company's manufacturing capabilities. The
recent events are part of RBW's business plans to
expand its global market share and mindshare following
unprecedented demand for its hand-built, iconic sports cars that
are presently backordered until the end of 2024.
![The all new RBW Roadster, a classic, hand-built British EV sports car. The all new RBW Roadster, a classic, hand-built British EV sports car.](https://mma.prnewswire.com/media/2437912/RBW_EV_Cars.jpg)
The recent VC funding has already been utilized to finish the
completion of its new, state-of-the-art factory in Lichfield, England, which now employs 42
employees. RBW's new Roadsters, and later this year with the debut
of the GT model, are hand built by a team of specialized craftsmen,
including hand tailored interiors that are customized for each
individual customer.
"This year is poised to be one of the all-time best in our
company's history as we continue to go from strength to strength
increasing sales and production for our EV powered Roadster and
soon to be launched GT model," said Peter
Swain, CEO of RBW EV Cars. "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."
Currently, RBW offers its Roadster model, with a starting price
of $135,000 (USD). In late 2024, the
company will debut its long-awaited GT model, with a starting price
of $151,000 (USD). As part of RBW's
customer experience, inquiring buyers can configure their
personalized RBW Roadster by visiting the build your own RBW
Roadster page on the company website. Configuration options include
paint color, rooftop, interior and wheel style, as well as the
ability to choose between multiple languages. To inquire about
purchasing one, please visit RBWEVCars.com.
About RBW EV Cars
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. Built entirely new
from the ground up, RBW's Roadster and GT models are assembled at
the company's new state-of-the-art factory located in England's advanced manufacturing zone, known
as the Midlands Growth Corridor. Its Roadster 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 you'd find in a present-day EV. In late 2024, RBW will
debut its long-awaited GT model. Founded in 2017 by Peter Swain, RBW received its first venture
funding in 2023. For more information, visit rbwevcars.com.
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SOURCE RBW EV Cars