LEVC Introduces Financial Assistance for Electric Taxis in the UK
LEVC Announces New Finance Offer for Zero-Emission TX Taxi
In a recent announcement, LEVC, the pioneering manufacturer of the TX cab, has revealed its transition from a taxi manufacturer to a provider of zero-emission e-mobility solutions. As part of this transition, LEVC has launched a new finance offer for its all-electric TX taxi, available exclusively in the UK.
The new finance offer includes a subsidised finance rate of 10.51% APR representative and a £1,500 deposit contribution for all new TX taxi models. This offer is an initial bridge to assist LEVC's customers during this transition period.
Black Horse, an auto financing company, is offering a loan with a reduced interest rate of 10.51% APR and an additional £1,500 deposit contribution for a specific initial period in cooperation with LEVC in the UK.
LEVC's Managing Director, Chris Allen, stated, "This new finance offer is to support drivers during the transition into new, green taxis."
The demand for electric taxis continues to accelerate in the UK due to increased Low Emission Zones (LEZs) and Ultra Low Emission Zones (ULEZ) in towns and cities. As of now, there are 13 LEZs in the UK, including London, Bath, Bradford, Birmingham, Bristol, Oxford, Portsmouth, Sheffield, Newcastle, Aberdeen, Dundee, Edinburgh, and Glasgow.
The TX cab is currently on sale in over 25 countries worldwide, and LEVC's electric TX taxi has travelled over 780 million miles globally. This eco-friendly taxi has prevented over 240,000 tonnes of harmful CO emissions from entering the atmosphere.
Moreover, more than half of London's black cab fleet is now zero-emission, thanks to the TX. LEVC aims to continue working closely with the government to provide long-term support to the trade, including provisions beyond the current one-year PiTG extension.
The UK government's Plug-in Taxi Grant (PiTG) reduction from £7,500 to £6,000 at the start of April 2024 is fully offset by this scheme. LEVC Financial Services offers a zero deposit option and a subsidised finance rate of 10.51% APR representative.
The new campaign offers a £1,500 deposit for an initial period on all new TX taxi models across all finance types. LEVC's Space Oriented Architecture (SOA) is the world's first EV platform to set new standards for onboard space.
In conclusion, LEVC's new finance offer is a significant step towards a greener future, offering affordable and convenient solutions for taxi drivers to transition into zero-emission vehicles.
