LEVC announces £1,500 towards new TX Taxi models

LEVC has announced a new financial contribution for its TX taxi to make up for the recent reduction in the Plug-in Taxi Grant (PiTG).

The offer is a £1,500 deposit contribution for an initial period on all new TX taxi models across all finance types offered by LEVC Financial Services with zero customer deposit and at a subsidised finance rate of 10.51% APR representative.

This new offer offsets the PiTG reduction, which was reduced from £7,500 to £6,000 at the start of the month.  

Chris Allen, Managing Director, LEVC commented: “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.”

More than half of London’s entire black cab fleet now zero-emission capable thanks to the TX, with the class-leading cab on sale in over 25 countries across the globe.