BusinessBite live blog

Glasgow’s Munro EV raises £2m as it ramps up vehicle production

Published: October 6, 2025 at 4:58 pm

Glasgow-based electric 4×4 manufacturer Munro EV has secured £2 million in fresh funding from existing investor Elbow Beach and other parties to accelerate production of its rugged M-Series vehicles, built for the mining, defence and construction sectors.

The investment will scale the firm’s Glasgow facility to fulfil £17m in current customer orders and create up to 300 new manufacturing jobs.

The company plans to ramp up production to 5,000 vehicles annually within six years, after initial deliveries to clients including Gleneagles Hotel and Denbighshire Council.

Subscribe to our newsletter

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.