Cabbies will be able to get up to £7500 off the new TX5 black cab in a £50m effort to electrify the UK’s taxi fleet

The Department for Transport (DfT) has introduced a £50 million scheme that offers taxi drivers a subsidy of up to £7500 on the London Taxi Company (LTC)'s new TX5 electric cab.

In addition, the DfT is spending £14m on the installation of taxi-only charge points across 10 UK counties, with varying amounts awarded to each, but the largest chunk, of £5.2m, headed for London.

New LEVC TX London taxi revealed with zero-emissions capability

Read more about the 2017 budget here

The rest of the funds are distributed across the rest of the country, although no funds have been allocated to any counties south of London.

The DfT estimates that 400 rapid chargers and 150 fast chargers will come of the investment, allowing for around 23,000 low-emission taxis nationally – the same number of diesel black cabs registered in London - while the £50m new taxi fund allows for more than 6500 individual £7500 subsidies.

Greg Clark, secretary for business, energy and industrial strategy, made the announcement at the opening of LTC's new £300m Warwickshire factory for production of the electric TX5. This move is claimed to have created 1000 jobs.

John Hayes, minister for transport, said: “This government is committed to improving air quality and reducing pollution in towns and cities, which is essential for people’s health and the environment.”

Join the debate

Comments
2

22 March 2017
I'm in Sevenoaks today south of London and I can tell you hand on heart that I've seen more EVs in a day than I usually see in Central London. Model S, the Leaf, Zoe, Outlander PHEV even Golf GTE which remains a rather rare sight. And it's not far out South but just out of the M25.

22 March 2017
Panel-ise the back half and you have an electric, British-built van that presumably could take some bashing. The tradesmen looking for a mid-sized van have only French and German vans to consider. Keep it simple and price it keen - could be a go-er.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK