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 Manganese originally made ship propellers.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
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