We at The Cab Detective talk almost daily to taxi drivers thinking of investing in a new black cab. The biggest question in their minds is whether to make the move to the new electric model. LEVC announced in December 2017 that their ‘TX’ model black cab had been certified to carry passengers in London. In January 2o18 they released the video below showing them delivering the first of those cabs to a London cabbie.
LEVC have now released details of the mid year progress of their Electric Black Cab sales.
The Key Numbers
The important numbers published by LEVC are:
350 Taxis sold
80.6 miles is the electric only range under the official New European Drive Cycle test. LEVC estimate 64 miles in real world usage.
52 dedicated rapid chargers in London, 90 to be installed by the end of 2018. Charging the battery to 80% takes 3o minutes at these points.
10.7 million miles potentially covered by those cabs this year
£100 estimated weekly saving in fuel costs
£55,599 is the out right on the road cost, £177 per week on a 5 year deal
Time to buy?
The sales figure of 350 will leave many potential buyers nervous of being an early adopter but it is clear that over the next 2 -3 years electric cabs will take an increasing large share of the black cab fleet. Two of the figures above may need some further consideration:
The Battery Range
The range of electric vehicles is of course a primary concern, no one wants to be in a cab that glides to an out of power halt halfway to Heathrow. LEVC are quoting a figure of 64 miles on a fully charged battery as a realistic figure for fuel comparison. 64 miles is a low figure for a black cabs daily mileage with the average daily figure normally quoted as 120 miles.. However the TX has a built in solution in the form of a petrol based range extender that kicks in to charge the battery once the battery charge level drops too low. The range extender means the ‘TX’ has a more comfortable, actual, range of approximately 370 miles.
The other stand out figure from LEVC is the on the road price of £55,599 which is high, compared to previous models, even though it includes a £7.500 price reduction through the government backed Plug-In Taxi Grant. Further cost factors to consider include:
- In London the Taxi Delicensing Scheme offers up to £5000 to drivers replacing current cabs that are between 10 and 15 years old.
- For those with off street parking the Electric Vehicle Homecharge Scheme (EVHS) provides funding of up to 75% towards the cost of installing electric charge points
- Service intervals have doubled on previous models from 12000 to 25000 miles, reducing the overall cost of ownership.
With measures against diesel vehicles only likely to increase and licensing authorities planning to have substantial numbers of electric taxis over the next 2-3 years, Transport for London’s plan states 9000 zero emission cabs by 2020, what is clear is that the electric option cannot be ignored.
The Cab Detective can help you find one of these vehicles. Please call us on 01268 799541 or request a free call back below.