Founded in 2019, Glasgow-based Munro Vehicles is Scotland’s only car manufacturer and focuses exclusively on rugged, fully electric 4x4s built for harsh environments. Its flagship M-Series platform, offered in Utility, Truck and Chassis variants, delivers a 1,000 kg payload and a real-world range exceeding 170 miles, targeting sectors that have been slow to decarbonise. The company emphasises simplicity and low total cost of ownership by integrating readily available components and designing for lifetime durability. Munro has already secured preliminary orders for 246 vehicles valued at £17.4 million and has begun early deliveries to customers such as Gleneagles Hotel and Denbighshire Council. Fresh capital is being used to expand its Glasgow production facility, hire up to 300 staff, and develop sector-specific configurations, with an ambition to reach 5,000 vehicles of annual capacity within six years. Management positions the M-Series as a zero-emission alternative that meets or exceeds the performance of diesel incumbents while lowering operating costs. The company’s strategic backing from climate-tech investor Elbow Beach underscores its alignment with broader industrial decarbonisation efforts.

Total raised

$5M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2025