The UK Government has announced an extension to the Plug-in Taxi Grant, offering further financial support to black cab drivers aiming to transition to electric vehicles.
Under this scheme, each electric taxi vehicle will receive funding of £6,000, with the extension slated to run until 5th April 2025.
Since its start in 2017, the Plug-in Taxi Grant has provided over £50 million, aiding in the purchase of 9,000 zero emission taxis.
Currently, nearly 54% of London‘s licensed taxis are electric, with numbers rising by 24% in the past year.
Technology and Decarbonisation Minister Anthony Browne said: “Taxis are a vital part of our transport network, so it’s great to be supporting our iconic black cab industry with further funding to help decarbonise their vehicles, part of this government’s plan to back drivers.
“From Redbridge to White City, it’s now more likely than ever that your black cab will be green, with the majority of taxis sold in London now being electric.
“The grant has been a huge success so far, and I’m pleased our funding will be continued for another year to help cabbies make the switch to new vehicles.”
