Manganese Bronze Holdings to be made redundant with immediate effect, out of the company's then total of 274 employees in the country, with the losses spread across its manufacturing facility, head office and dealerships. In January 2013, it was reported that Geely was in negotiations to buy the remaining shares of the company from PwC to save the business. A press statement in February 2013 announced that an agreement had been reached for Geely to purchase the remainder of the London Taxi Company's assets, manufacturing rights, unsold stock and dealerships. Geely set up a new company, The London Taxi Corporation Ltd. under its
What Love Is Made Of three minutes and fifty-five seconds (3:55), "What Love Is Made Of" is an uptempo dance and house track that has been described as "rave-y" and "trance-y". Its instrumentation contains the sounds of pianos and synthesizers. Jordan Sargent of "Spin" observed that it continued the musical style first introduced in Katy's 2012 extended play (EP), "Danger EP", which was "straight-forward house". Idolator's Sam Lansky compared her performance in the song to recording artist Siobhán Donaghy. Critical response to "What Love Is Made Of" was generally positive: most critics noted Katy's vocal performance and commended its sound. Siân Rowe from "NME" was