In a significant move to support the adoption of green transportation, LEVC has introduced a new finance deposit contribution for its TX electric taxi.
This initiative comes as a direct response to the recent reduction in the Plug-in Taxi Grant (PiTG), which saw a decrease from £7,500 to £6,000 at the beginning of April 2024.
LEVC's campaign aims to fully offset this reduction by offering a £1,500 deposit contribution on all new TX taxi models.
This offer is available across all finance types provided by LEVC Financial Services, requiring zero customer deposit and featuring a subsidised finance rate of 10.51% APR representative.
Since its launch in 2018, the TX electric taxi has seen growing demand, marking a significant shift towards zero-emission capable vehicles within London's iconic black cab fleet.
Now, more than half of these taxis are capable of operating without emitting any CO2, thanks to LEVC's innovative electric model.
Chris Allen, Managing Director at LEVC, said: “Demand for our award-winning TX continues to accelerate, but with the recent £1,500 reduction in the PiTG coupled with currently high national interest rates, drivers need support to continue their transition into new, green taxis.
“LEVC recognises this and it’s why we’re making this new contribution and subsidised APR finance offer available, initially bridging the gap for our customers.
"Looking ahead, LEVC will continue to work closely with government to provide long term support to the trade, including provisions beyond the current one-year PiTG extension.”
Source: https://www.onearabia.me/global/levc-new-finance-deal-boosts-electric-taxi-purchase-011-20617.html
Shortly after 9.30pm on April 29, the cabbie picked up a man at Coventry train station, before driving on towards Bennetts Road South.
Wyre Forest DC is consulting on the plans after a review of the existing licensing policy that currently only requires drivers applying for a first licence to complete such training.
City councillors heard the taxi driver had an unblemished 27-year record and would be huge loss to the trade.
It happened after a Toyota Prius PHV, which had been ordered to an address there, pulled up at the location.
Demonstrators claim their pay has fallen and feel unfairly treated by the app-based operator.
Newcastle is currently one of the cheapest places in the UK to travel by hackney carriage, with passengers being charged no more than £5.55 for a two-mile journey during the day.
A young couple suspected of repeatedly dining and dashing and running from cabs without paying are under investigation by police after patrons stopped them leaving a pub without paying.
On 30 April the DfT released statistics on the number of publicly available electric vehicle charging devices in the UK for Jan-March 2024. Data is provided by the EV and charging point platform Zapmap.
The incident occurred at around 10.36pm on Saturday, April 27, on Bourne Avenue, next to the Upper Gardens.
New research has suggested that passengers think the capital's next mayor and TfL should be doing more to support the city's iconic black cabs as they are 'at risk of becoming extinct'.