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
Edinburgh taxi drivers will no longer be charged by the council to use The Royal Mile on their annual outing.
The mother of a boy chased by a cabbie after being in collision with his PHV on a bicycle has told how her son required surgery for a broken arm.
A taxi firm fed up with the number of roadworks in a town centre has sent a formal complaint to the Government - branding the county council 'totally and utterly incompetent'.
Warrington BC has launched two surveys – one for the public, and one for cabbies - both drivers licensed by Warrington BC, and drivers who are licensed by other local authorities.
A taxi driver who completed deliveries for the NHS during the height of the Covid pandemic has been jailed for his role in a major heroin and cocaine ring.
Troublemaker Keane Pyzer had earlier refused to pay a taxi driver and he threatened the man with the garden spade before damaging his car.
Fiona Hyslop said the fact there are fewer black taxis had more to do with a fall in demand.
Graeme McLardy has been ordered to pay £750 compensation to the cabbie following the frightening incident in Hartshill.
He has been ordered to pay £5,500 in legal fees after an unsuccessful attempt to appeal the ban.
Sir Bill Wiggin, Conservative MP for North Herefordshire, wants to see better services for those with assistance dogs and for disability equality training for taxi drivers.