No new funding available for taxi drivers who have already invested in cleaner electric taxis confirms Mayor of London
- Perry Richardson
- 1 hour ago
- 2 min read
Taxi drivers in London who have already invested in electric vehicles will receive no further financial support from the Mayor’s office, it has been confirmed.
In response to a question from London Assembly Member Neil Garratt, Sadiq Khan made clear that there are currently no plans to offer additional funds to those who have already made the switch to electric taxis.
Garratt had asked what specific financial support would be introduced for drivers who had transitioned to electric vehicles. The Mayor responded by highlighting past investments, saying that more than £50 million had been allocated to help the trade adopt cleaner vehicles. This included funding towards rapid charging infrastructure and taxi-dedicated charge points.
Khan pointed to Transport for London’s delivery of around 300 rapid chargers, 80 of which are solely for taxis. He also referenced ongoing work with partners to install new ultra-rapid charging hubs across the capital.
While the Government recently extended the Plug-in Taxi Grant (PiTG) by one year, the rate has dropped to £4,000 per zero-emission capable taxi. Khan confirmed that he would continue to lobby for the grant to be extended beyond April 2026 at a higher level.
However, drivers who have already made the switch will see no direct financial return from City Hall. The Mayor said no further funding is currently available, although TfL will continue its focus on expanding charging infrastructure.
Garratt asked the Mayor of London: “What specific financial support do you plan to introduce for taxi drivers who have already made the transition to electric vehicles?”
Khan responded: “I am proud to have supported London’s taxi fleet to adopt cleaner, greener vehicles with over £50m of funding across a range of initiatives.
“Transport for London (TfL) has facilitated taxi drivers’ transition with a rapid charging network, delivering around 300 rapid charge points, including 80 taxi-dedicated sites. TfL is also working with partners to deliver new rapid and ultra-rapid charge points on its road network and in new off-street charging hubs.
“My Deputy Mayor for Transport met with the Minister for the Future of Roads, Lilian Greenwood MP in early March, to emphasise the importance of the PiTG and the need for it to continue beyond March 2025.
“I was pleased to note that the Government has announced plans to extend the PiTG for a further year, albeit at the lower rate of £4,000 for a ZEC taxi. I will continue to call on Government to continue the PiTG beyond April 2026 at as high a rate as possible.
“There is currently no funding available to provide further financial support for drivers who have already bought electric vehicles. However, TfL will continue to support the transition by ensuring the ongoing delivery of electric vehicle charging infrastructure across London.”
