Plan Insurance Blog

LEVC (London Electric Vehicle Company) Celebrates Ten Thousand Taxis

Electric vehicle innovator LEVC achieves a significant landmark in its production of green taxis.

Plan are proud to be partners of the London Electric Vehicle Company, as their preferred insurance supplier for their range of electric taxis.

LEVC has achieved the milestone of manufacturing and selling 10,000 electric taxis globally since January 2018. The company’s revolutionary TX taxi is the world’s most advanced electric taxi, transforming the traditional black cabs that London is famous for into something that is both iconic and far more environmentally friendly.

Plan Insurance can provide bespoke taxi insurance quotes for all UK drivers. Just fill in our short online questionnaire, and our professional brokers will be in contact to arrange your insurance.

The future of green vehicles

With demand for smart, green and accessible vehicles on the rise, we expect LEVC to continue to maintain their position as the industry innovator and leader. This year, they have broken their own record, by putting 2,508 TX vehicles on the road.

The TX has overtaken the diesel-powered TX4 as the most common black cab operating in London. Currently, more than 40% of all black cabs in London are TX electric taxis, with over 6,000 TXs on the capital’s streets.

The history of hackney carriage

This year marks the 200th anniversary of the first Hackney carriage that was licensed in London and the 75th anniversary of the first black cab. Over the decades, the TX has evolved into one of the most recognisable cabs in the capital.

It may surprise readers to learn that there are drivers at the wheel of TXs in over 20 countries. This includes Paris, Madrid, Cairo and Tokyo.The TX has travelled more than 534 million miles globally and prevented 162,000 tonnes of CO2 from being emitted into the atmosphere.

The future of the London Electric Vehicle Company

The company’s CEO, Jörg Hofmann, says that LEVC is set to hit many more milestones in the future. The company is celebrating ten years as part of the Geely Holding Group family, which has brought significant innovation to the business.

The company has undergone a complete rebrand, opened a new manufacturing facility, and launched the TX electric taxi and the VN5 van. Hofmann has expressed gratitude to stakeholders, loyal customers, and valued employees for their part in helping LEVC achieve their recent success.

LEVC’s focus is now on its new strategy to transform into a leading zero-carbon mobility technology company. LEVC aims to build on its unrivalled heritage and grow beyond high-end taxi manufacturing to become a giant in the mobility tech space.

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