London cabbies could be facing tough decisions over future of purpose-built taxis, says taxi rep

London cab drivers could be facing up to tough decisions over future of purpose-built taxis, says taxi representative.

Paul Brennan’s latest columns in TAXI Newspaper have struck a cord among London’s cab drivers as he attempted to tackle the complex looming crisis – the future of the purpose-built vehicle (PBV). In recent months drivers have reached out to express concerns over the future availability and affordability of the PBV, particularly the electric TX model produced by the London Electric Vehicle Company (LEVC).

Brennan, Chairman of Licensed Taxi Drivers’ Association (LTDA), explained that while there is still support for the PBV among drivers, many are now questioning whether this iconic vehicle will remain viable in the long-term future. LEVC’s financial difficulties have put the spotlight on the future of the TX, as the company continues to struggle with losses and a dwindling pool of taxi driver buyers.

In 2023, LEVC recorded significant losses, with rising inflation, high interest rates, and fewer new drivers passing The Knowledge contributing to its troubles. These factors, combined with supply chain disruptions, have led to reported long waits for warranty work and parts, leaving drivers off the road for prolonged periods.

One letter shared by the LTDA’s Chairman, from a cabbie named Tony, highlights the personal impact of these challenges. Tony, a driver for over two decades, explains that the rising costs associated with maintaining and replacing his vehicle are making it impossible for him to continue in the trade. Tony’s older diesel cab will soon be forced off the road due to age, but he simply cannot afford to replace it with a new model. He fears he will be one of many drivers forced out of the trade altogether.

In response, Brennan calls for serious discussions about the future of the PBV. While drivers remain attached to the vehicle, he argues that a conversation needs to take place about whether it will remain an option, given the financial strain on manufacturers and drivers alike. Without support, whether through government intervention or changes to vehicle regulations, many cabbies like Tony may have no choice but to leave the trade they love.

Brennan said: “When London was a vibrant market for taxis, with steady driver numbers and drivers confident that their market was in good order, feeling safe making the significant outlay required to purchase a new taxi, LEVC could be sure its market was strong.

“Those days, according to LEVC, are no longer here, and driver numbers are only heading in one direction.

Brennan added: “You don’t need to be a rocket scientist to figure out that we are approaching a pivotal point in how we as a trade go forward, not least with the vehicle we drive and the costs we face to do the job. LEVC or any purpose-built taxi manufacturer will not be a viable business if it cannot sell its vehicle all over the UK – the London market cannot and will not (for some time at least) sustain any such business.”