£5,000 LEVC taxi scrappage offer aimed to help taxi drivers in London and North West set to end soon

LEVC Brewery Road’s £5,000 scrappage deal, designed to help taxi drivers in London and the North West switch to zero-emission vehicles is set to end in the next week.

The limited-time offer is focused on encouraging drivers to replace their older diesel cabs with the more eco-friendly TX model.

The offer arrives as the taxi industry faces a steep decline in driver numbers. By June 2024, London had seen 514 fewer licensed drivers compared to the start of the year. Since 2019, the city has lost over 6,000 drivers, a trend mirrored by the shrinking number of diesel taxis on the streets.

In the North West, diesel-powered Hackney Carriages still dominate, with around 84.7% of the fleet running on fossil fuels. In contrast, just 44% of London’s taxis are still diesel-powered, underlining the capital's quicker shift towards greener alternatives.

The scrappage scheme is exclusively available through LEVC Brewery Road and aims to modernise the fleet while reducing emissions. It also offers a potential lifeline for drivers, making the transition to the TX more financially accessible. The £5,000 part-exchange payment applies to any diesel taxi, including the TX4, Vito, and Peugeot E7, whether based in or outside London.

With limited stock and the offer ending on 25 September, drivers looking to upgrade to a cleaner alternative are encouraged to act swiftly.

Lorenzo Bugliari, Head of Retail, LEVC Brewery Road: “There are lots of diesel drivers in London and the North West with vehicles that are about to reach the end of their working life. Whilst some of these drivers will already have a plan to upgrade to the latest model, others will be considering whether now is the right time to retire, even if a little earlier than they'd like.

“This new, £5,000 diesel scrappage offer, alongside running cost savings of over £300 per month, gives drivers a cost-effective way to stay in the trade in a brand new, zero-emission capable TX. They can also play an important role in helping to reduce emissions in our cities.”