How Much Is an Electric London Taxi?

By Michael Ferguson

Are you considering purchasing an electric London taxi? As the world moves towards more sustainable transportation options, electric vehicles have become increasingly popular. In this article, we will discuss the pricing of electric London taxis and provide you with all the information you need to make an informed decision.

Factors Affecting the Price

1. Model:

The price of an electric London taxi can vary depending on the model you choose.

Different models offer different features and specifications, which can affect their overall cost. It’s essential to research and compare various models to find one that suits your needs and budget.

2. Battery Capacity:

The battery capacity plays a significant role in determining the price of an electric London taxi.

Taxis with larger battery capacities tend to have a higher price tag but offer a longer driving range. Consider your daily driving requirements and choose a battery capacity that meets your needs without breaking the bank.

3. Charging Infrastructure:

The availability of charging infrastructure in your area is another factor to consider when looking at the price of an electric London taxi. If charging stations are limited or not easily accessible, you may need to invest in additional charging equipment, which can increase the overall cost.

Pricing Overview

Euro 6 LEVC Electric Taxi

  • Starting Price: The base model starts at approximately £55,599 (including VAT).
  • Battery Lease: The battery lease option is available for £167 per week (excluding VAT).
  • Battery Purchase: If you prefer to purchase the battery outright, it costs around £25,000 (excluding VAT).

Zero-Emission Capable Plug-In Hybrid Taxis

  • Starting Price: The starting price for zero-emission capable plug-in hybrid taxis is around £42,000 (including VAT).
  • Battery Capacity: These taxis typically have a smaller battery capacity compared to fully electric models.
  • Fuel Efficiency: The combination of electric and petrol power allows for excellent fuel efficiency, which can help offset the initial purchase cost.

Incentives and Grants

The UK government offers various incentives and grants to encourage the adoption of electric vehicles, including electric London taxis. These incentives can help offset the initial purchase cost and make electric taxis more affordable. Some of the available incentives include:

  • OZEV Plug-in Taxi Grant: This grant offers up to £7,500 off the purchase price of eligible electric London taxi models.
  • Tax Benefits: Electric vehicles are exempt from paying certain taxes, such as the London Congestion Charge and Ultra Low Emission Zone fees.
  • Fuel Savings: Electric vehicles have lower running costs compared to traditional petrol or diesel vehicles, potentially saving you money in the long run.

It’s crucial to research and understand all available incentives and grants before making a final decision. These incentives can significantly reduce the overall cost of owning an electric London taxi.

In Conclusion

Purchasing an electric London taxi involves considering various factors such as model, battery capacity, charging infrastructure, and pricing. While the initial purchase cost may be higher compared to traditional petrol or diesel taxis, the availability of incentives and grants can help offset this cost. Additionally, electric taxis offer lower running costs and contribute to a cleaner and more sustainable environment.

Take your time to research and compare different models and pricing options. Consider your driving requirements, available charging infrastructure, and the potential savings in fuel costs. With careful consideration, you can find an electric London taxi that fits your budget while helping to create a greener future.

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