The following example is based upon the typical working week of a driver in our previous model, and illustrates the fuel savings possible if you maximise the range offered on the electric battery.
Typical Fuel Saving Example
If you drive 120 miles per day, 5 days per week, your weekly travel is 600 miles.
TX4 LE (Euro 6)
With the current cost of diesel at 117.7p per litre, your estimated weekly fuel spend is £139.
TX (The new Electric Taxi with eCity Technology)
In comparison, by owning a TX and charging the battery overnight you’ll be able to leave your house each day with a fully charged battery. At the national average electricity price of 12p per kW, this would cost you about £16 each week. If you’re on an economy 7 tariff that cost could be even lower.
For this example, we’ve also assumed you’re able to stop for a total of 45 minutes each day to plug into a fast charge point. Based on an average cost per kW of 21p, this would cost around £17 per week.
We’ve adjusted the official projected electric range (70+ miles) to a real-world figure. Thanks to the charging opportunities shown above you would travel 520 miles per weekon pure electric energy; that means the petrol range extender is only required for the remaining 80 miles per week. At 116.7p per litre of petrol we estimate this range extender mileage would cost £10 per week.
In total that’s a fuel cost of £43 per week for the new Electric Taxi compared to £139 a week in diesel to fuel a TX4 - giving you a weekly fuel saving of £96.
Over a 5-year period, the savings really add up, in fact the above example equates to a total fuel cost saving of around £24,000.
We appreciate this typical example may not apply to your work patterns and circumstances. If that’s the case, please use the interactive Running Cost Calculator above to compare the cost of driving your current taxi against the cost of running a TX - and see the indicative fuel savings you could achieve by switching to electric.
New TX available from £177/week*including:
3 years, 120k miles full vehicle warranty
5 years unlimited mileage battery warranty
3 years, 100k miles free servicing**
3 years RAC roadside assistance**
Terms & Conditions
*Terms & Conditions apply. Business users only. Finance offer available on Personal Contract Purchase 6.9% APR Representative; figures based on TX VISTA at £55,599 OTR with a customer deposit of £3,250 followed by 60 monthly payments of £764.46 (equivalent weekly payments of £176.41) plus an optional final payment of £18,880 (plus an option to purchase fee of £10). Based upon an annual contracted mileage of 30,000 (150,000 miles over term). All prices inclusive of VAT. £0 deposits may be available and can be paid on collection; the above is an example deposit based on the finance illustration. Two, three or four year plans are also available. Other models are available. 3 years 120,000 miles comprehensive vehicle / 5 years unlimited mileage drive battery warranties included. You have the option at the end of the agreement to return the vehicle to Black Horse Taxi Finance and not pay the Final Payment. If the vehicle has exceeded the allowed mileage a charge per excess mile will apply. In this example, 6p + VAT per excess mile. If the vehicle is in good condition and has not exceeded the allowed mileage you will have nothing further to pay. Credit is subject to status and is only available to UK residents aged 18 and over. Finance is provided by Black Horse Taxi Finance a trading style of Black Horse Ltd, St William House, Tresillian Terrace, Cardiff CF10 5BH. Excludes Meter, credit card equipment and any local authority fees. Not to be used in conjunction with any other offer. OTR figure is net of OLEV Plug in Taxi Grant which is up to £7,500 and is subject to European Whole Vehicle Type Approval and European Commission state aid notification. All prices and promotions are valid for vehicles ordered before 31st December 2017.