Manganese Bronze Holdings LTI Limited as its only operating division. In October 2012, MBH entered administration, having not made a profit since 2007. The Chinese automotive manufacturer Geely, which already owned 20% of the shares in LTI Limited, the company's only business, agreed to purchase LTI's principal assets and trade from the administrator to save the business and continue the production of taxis in Coventry. The new holding company was named The London Taxi Corporation, and traded as "The London Taxi Company" (as LTI had done): this successor company was renamed to London EV Company in 2017. Manganese originally made ship propellers. In
Chavdar (company) closed in 1999. In 1924 Racho Valkov Djambov (1894-1983) opened an iron workshop in Botevgrad, Bulgaria. In 1927, Racho met with Ivan Valkov who had a transport business using rebuilt ambulances. He gave Racho one platform from Fiat to built his first vehicle on. After World War II, Bulgaria was ruled by a communist government and Djambov's workshop was nationalized. The new company was named Chavdar and by 1948 it had started producing buses based on Škoda RTO. Until 1956 the production of the company increased by 150%. In 1962, the company started production of the models M65 and M66