26 May '15, 4pm

Read VP Peter Johansen's latest Open Letter to the Trade

9 April 2015 LTC VP Open Letter to the Trade 2015 To the Licensed Hackney Carriage Trade Last month, our parent company Geely announced that it was investing £250 million to build a new factory at Ansty, near Coventry, to put into production the next generation of the iconic London Black Cab. The new TX5 will be a plug-in, range extended electric hybrid vehicle and will be available before 1st January 2018 in order to meet the requirements set by The Mayor of London for all new taxis to be Zero-Emissions Capable (“ZEC”) by that date. Geely would not have had the confidence to make this investment had it not been for the strong support that we have received from the Licensed Hackney Carriage Trade. Last year we sold more TX4’s in London than in any year since its launch in 2007. The Chairman of Geely, Li Shufu, has asked me to send you his personal thanks for the confidence...

Full article: http://london-taxis.co.uk/news/?id=1189

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